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HPCL raises Rs 1200 crore through NCDs

05 Aug 2020 Evaluate

Hindustan Petroleum Corporation (HPCL) has raised Rs 1200 crore through Un-secured, Redeemable, Non-Convertible, Non-Cumulative, taxable, Debenture (NCDs) and allotted 12000 NCDs having face value of Rs 10,00,000 each.

Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.

Peers
Company Name CMP
Reliance Industries 1223.30
Indian Oil Corpn. 128.55
Bharat PetroleumCorp 293.55
HPCL 348.40
MRPL 174.85
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