Hindustan Oil Exploration Company (HOEC) is currently trading at Rs. 117.95, up by 2.35 points or 2.03% from its previous closing of Rs. 115.60 on the BSE.
The scrip opened at Rs. 118.00 and has touched a high and low of Rs. 119.00 and Rs. 117.90 respectively. So far 12,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 153.75 on 12-Jan-2018 and a 52 week low of Rs. 66.65 on 11-Aug-2017.
Last one week high and low of the scrip stood at Rs. 119.85 and Rs. 111.85 respectively. The current market cap of the company is Rs. 1,536.00 crore.
The Institutions and Non-Institutions held 6.73% and 93.26% stake respectively in the company.
Hindustan Oil Exploration Company (HOEC) has entered into a Share Purchase Agreement (SPA) to acquire the entire share capital of Geopetrol international Inc., which is a party to number of oil and gas assets in India, including the Kharsang Oil field in the state of Arunachal Pradesh which is under production with 30% participating interest both directly and indirectly.
HOEC has two operating assets one at Assam, Dirok oil and gas producing field and the other at Kherem at Arunachal Pradesh. This acquisition would enhance the operating synergy and optimize the costs.
HOEC is an oil and gas company. The company’s activities relate to exploration and production of hydrocarbons, which are natural resources. Its segments include Hydro carbon and Oil additives. Its products include crude oil and natural gas.
| Company Name | CMP |
|---|---|
| ONGC | 283.95 |
| Oil India | 470.10 |
| Jindal Drilling&Inds | 540.15 |
| Deep Industries | 476.90 |
| Asian Energy Service | 306.05 |
| View more.. | |
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