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HPCL to set up own chain of multi-channel retail stores at its petrol pumps

31 Jan 2022 Evaluate

Hindustan Petroleum Corporation (HPCL) is planning to set up its own chain of multi-channel retail stores at its petrol pumps as the nation's third-largest fuel retailer looks to give a push to non-fuel retailing. As part of this, the company has opened two more convenio stores under the brand name 'HaPpyShop'. The new HaPpyShop stores have been opened at the company's Auto Care Centre, Bandra West in Mumbai and Millennium Retail Outlet in Visakhapatnam.

The product range in each of the new stores has been meticulously planned to suit the tastes and preferences of the local neighborhoods. With a refreshing appearance and layout, the Stores are equipped with advanced technology to provide a seamless shopping experience to customers in the nearby areas.

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 1208.00
Indian Oil Corpn. 133.70
Bharat PetroleumCorp 303.40
HPCL 345.80
MRPL 170.35
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