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HPCL surges on plan to restart CCR petrol-making unit

13 Mar 2015 Evaluate

Hindustan Petroleum Corporation (HPCL) is currently trading at Rs. 632.50, up by 8.50 points or 1.36% from its previous closing of Rs. 624.00 on the BSE.

The scrip opened at Rs. 626.05 and has touched a high and low of Rs. 641.00 and Rs. 618.35 respectively. So far 65616 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 669.70 on 04-Mar-2015 and a 52 week low of Rs. 276.50 on 24-Mar-2014.

Last one week high and low of the scrip stood at Rs. 645.50 and Rs. 616.15 respectively. The current market cap of the company is Rs. 21519.76 crore.

The promoters holding in the company stood at 51.11% while Institutions and Non-Institutions held 35.48% and 13.41% respectively.

Hindustan Petroleum Corporation (HPCL) is aiming to restart a catalytic reformer (CCR) petrol-making unit by March 14, 2015 following a minor fire caused by a leak, its head of refineries BK Namdeo told Reuters.

The company’s 166,000 barrels-per-day (bpd) Vizag refinery in southern India has one CCR and an isomerisation unit. The plant also has two naphtha hydrotreaters (NHT), each attached to the gasoline-making units of fluid catalytic cracker (FCC) and the CCR.

There was a minor fire in one of the vessels of the CCR due to a flange leak. The company had shut the CCR and attached NHT. The other units FCC-NHT and isomerisation were operational.

HPCL operates two major refineries producing a wide variety of petroleum fuels and specialties, one in Mumbai (west coast) of 6.5 million metric tonnes per annum (MMTPA) capacity and the other in Vishakapatnam (east coast).

HPCL Share Price

399.40 25.75 (6.89%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1437.85
Indian Oil Corp. 148.15
BPCL 314.15
HPCL 399.40
MRPL 156.85
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