Hindustan Petroleum Corporation is currently trading at Rs. 308.75, up by 0.85 points or 0.28% from its previous closing of Rs. 307.90 on the BSE.
The scrip opened at Rs. 306.00 and has touched a high and low of Rs. 311.65 and Rs. 303.30 respectively. So far 138584 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 333.45 on 03-Jun-2019 and a 52 week low of Rs. 163.45 on 05-Oct-2018.
Last one week high and low of the scrip stood at Rs. 333.45 and Rs. 303.30 respectively. The current market cap of the company is Rs. 47070.88 crore.
The Institutions and Non-Institutions held 35.69% and 64.31% stake respectively in the company.
Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOC) to contest tax authorities demand for over Rs 4,000 crore in excise duty on ethanol used for doping petrol, as the sugarcane extract for mixing in fuel is exempt from tax.
The Director-General of GST in Pune has asked the company, to pay over Rs 346 crore, while IOC was slapped with a tax demand of Rs 4,002 crore for alleged non-payment of excise duty on ethanol mixed in petrol.
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.
