MoneyWorks4Me

Hindustan Oil Exploration falls despite reporting 68% rise in Q4 net profit

14 May 2018 Evaluate

Hindustan Oil Exploration Company is currently trading at Rs. 130.50, down by 1.35 points or 1.02% from its previous closing of Rs. 131.85 on the BSE.

The scrip opened at Rs. 134.30 and has touched a high and low of Rs. 134.30 and Rs. 128.50 respectively. So far 139654 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. 134.30 and Rs. 121.05 respectively. The current market cap of the company is Rs. 1702.28 crore.

The Institutions and Non-Institutions held 7.41% and 92.59% stake in the company, respectively.

The company has reported a rise of 67.51% in its net profit at Rs 16.45 crore for the quarter ended March 31, 2018 as compared to Rs 9.82 crore for the same quarter in the previous year. Total income of the company increased by over 2 fold to Rs 25.61 crore for quarter under review as compared to Rs 11.30 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 4.01% in its net profit at Rs 37.84 crore as compared to Rs 36.38 crore for the same period in the previous year. Total income of company increased by 42.84% at Rs 60.15 crore for year under review as compared to Rs 42.11 crore for the period ended March 31, 2017.


Peers
Company Name CMP
ONGC 232.50
Oil India 492.20
Jindal Drilling&Inds 594.55
Deep Industries 744.65
Aban Offshore 14.26
View more..