Hindustan Petroleum Corporation (HPCL) is currently trading at Rs. 252.90, up by 2.35 points or 0.93 % from its previous closing of Rs. 253.10 on the BSE.
The scrip opened at Rs. 252.00 and has touched a high and low of Rs. 254.80 and Rs. 250.70 respectively. So far 66109 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 493.00 on 01-Sep-2017 and a 52 week low of Rs 250.70 on 31-Aug-2018.
Last one week high and low of the scrip stood at Rs. 264.15 and Rs. 251.80 respectively. The current market cap of the company is Rs. 38606.05 crore.
The Institutions and Non-Institutions held 36.59 % and 63.41 % respectively.
HPCL is planning to invest around Rs 75,000 crore towards CAPEX over the next five years, of which around Rs 8,425 crore will be invested this financial year.
The company will spent more on capacity expansion both in greenfield and brownfield projects. The majority of the CAPEX will go for over Rs 43,000 crore for new refinery in Rajasthan and the over Rs 22,000 crore expansion in Vizag facility.
In the current year, around Rs 3,000 crore will go into brownfield expansions and over Rs 1,000 crore into procuring LPG cylinders and an equal amount into marketing and other business development activities.
HPCL is an Indian state-owned oil and natural gas company with its headquarters at Mumbai, Maharashtra. It has about 25% marketing share in India among PSUs and a strong marketing infrastructure.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1435.70 |
| Indian Oil Corp. | 144.70 |
| BPCL | 302.85 |
| HPCL | 387.00 |
| MRPL | 167.90 |
| View more.. | |
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