Page 11 - Hpcl

Sensex erases 2020 losses, settles 724 pts higher ahead of US poll outcome

All that happened in the markets today

HPCL surges 8% as Co announces Rs 2,500-cr buyback, Q2 profit jumps twofold

HPCL yesterday reported a twofold jump in its Q2 net profit at Rs 2,477 crore

HPCL gains 5% as board to consider share buyback on November 4

The attractiveness of the buyback will be determined when the quantum and price of buyback is announced

Here's a Bull Spread Strategy on HPCL by Nandish Shah of HDFC Securities

Short term trend of HPCL stock has turned positive where it is trading above its 5 and 20-day EMA

HPCL raises Rs 2,000 cr debt for funding its capex during current year

Coupon rate will be 4.79 per cent per annum for the debt instruments which will mature on October 23, 2023

ONGC chairman says will look at HPCL and MRPL merger after June 2021

ONGC is likely to look at merging its two oil refining subsidiaries, Hindustan Petroleum Corp and Mangalore Refinery and Petrochemicals, post-June 2021, its chairman Shashi Shanker said

MARKET WRAP: Indices end flat, Nifty settles at 11,214; Asian Paints up 4%

All that happened in the markets today

HPCL advances 4% as Q1 pre-tax profit leaps 140% YoY to Rs 3,120 crore

The combined gross refining margin (GRM) during the April-June period saw a negative of $0.04 a barrel, compared to $0.75 a barrel in the corresponding period of last year

HPCL posts 140% rise in Q1 PBT on inventory gains, higher capacity usage

The rise in PBT was mainly owing to inventory gains and higher capacity utilisation in refineries

HPCL reports 157% jump in June quarter's net profit at Rs 2,253 cr

Consolidated profit of Rs 2,252.65 crore, or Rs 14.78 per share, was 156.7 per cent higher than Rs 877.48 crore, or Rs 5.76 a share, earning in the same period a year back

HPCL Q1 profit jumps two-fold to Rs 2,253 cr, sales down at Rs 45,945.5 cr

The net profit surged despite sales falling to Rs 45,945.48 crore in first quarter of 2020-21 from Rs 74,595.64 crore a year ago

Gas economy: Centre planning to change LNG pipeline pricing policy

The second of the two-part series talks about why zonal pricing may be on the way out

Decline in order inflow at L&T does not augur well for capital goods sector

Even though it was better than what analysts had expected, it still paints a bleak picture.

Spending 50% of capex target by September: An uphill task for PSUs

Union Finance Minister Nirmala Sitharaman had earlier this week asked public sector companies to undertake half their capex for the current year by September.

India's fuel sales in June at 88% of pre-Covid levels, says govt

At 11.8 million tonnes of consumption, fuel demand in June was 88 per cent of 13.4 million tonnes consumption in June 2019.

Fitch revises Indian GREs', HPCL's outlook to negative; IDRs at BBB-minus

Fitch has also revised the outlook on Hindustan Petroleum Corporation to negative from stable and affirmed the long-term IDR at BBB-minus

Sensex ends 97 pts lower amid geopolitical tensions, rise in Covid-19 cases

All that happened in the markets today

Petrol price up by 55 paiser and diesel by 60 paise; consumers seek relief

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT

Markets ignore geopolitical tension, Sensex ends 376 points higher

All that happened in the markets today

Market Ahead, June 16: All you need to know before the opening bell

The SGX Nifty is up around 170 points from yesterday's close and is indicating an open at around 9,980 levels for the Nifty today