HPCL trades slightly higher on raising Rs 2,000 crore through debt

26 Oct 2020 Evaluate

Hindustan Petroleum Corporation is currently trading at Rs. 182.25, up by 0.10 points or 0.05% from its previous closing of Rs. 182.15 on the BSE.

The scrip opened at Rs. 182.00 and has touched a high and low of Rs. 183.75 and Rs. 181.30 respectively. So far 53492 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 327.80 on 31-Oct-2019 and a 52 week low of Rs. 155.00 on 13-Mar-2020.

Last one week high and low of the scrip stood at Rs. 183.90 and Rs. 170.25 respectively. The current market cap of the company is Rs. 27908.81 crore.

The promoters holding in the company stood at 51.11%, while Institutions and Non-Institutions held 37.78% and 11.11% respectively.

Hindustan Petroleum Corporation (HPCL) has raised Rs 2,000 crore through issuance of un-secured, redeemable, non-convertible, non-cumulative, taxable, debenture of Rs 10 lakh each on private placement basis for funding of capital expenditure, including recoupment of expenditure already incurred. Coupon rate will be 4.79 percent per annum for the debt instruments which will mature on October 23, 2023.

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.

HPCL Share Price

477.15 -0.10 (-0.02%)
19-Apr-2024 16:01 View Price Chart
Peers
Company Name CMP
Reliance Industries 2941.60
Indian Oil Corp. 166.65
BPCL 585.90
HPCL 477.15
MRPL 227.00
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