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HPCL surges on commissioning PVPL, Vadodara Marketing Terminal

14 Jan 2020 Evaluate

Hindustan Petroleum Corporation is currently trading at Rs. 255.25, up by 2.80 points or 1.11% from its previous closing of Rs. 252.45 on the BSE.

The scrip opened at Rs. 255.00 and has touched a high and low of Rs. 257.80 and Rs. 254.00 respectively. So far 92130 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. 211.35 on 18-Feb-2019.

Last one week high and low of the scrip stood at Rs. 257.80 and Rs. 234.50 respectively. The current market cap of the company is Rs. 39101.29 crore.

The promoters holding in the company stood at 51.11%, while Institutions and Non-Institutions held 39.96% and 8.93% respectively.

Hindustan Petroleum Corporation (HPCL) has successfully commissioned Palanpur-Vadodara Pipeline (PVPL) and Vadodara Marketing Terminal as part of MDPL Capacity Expansion and PVPL Extension Project. The project has been commissioned within approved cost and scheduled period of completion.

The 18-inch diameter, 235 km multi product pipeline with a system capacity of 8 MMTPA has many feathers in its cap and among these, the most notable is successful execution of India’s longest 18 inch Diameter Horizontal Directional Drilling (HDD) across river Sabarmati and ravines spanning 2239 meters. The Greenfield Marketing Terminal at Vadodara has 2.1 lakh KL Storage capacity with fully automated Rail and Road Tanker loading facilities.

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.


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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