HPCL soars on implementing ERP Modernisation Project

Hindustan Petroleum Corporation Ltd. | Refineries | Oil & Gas | BSE: 500104 | NSE: HINDPETRO

06 Jul 2023 Evaluate

Hindustan Petroleum Corporation is currently trading at Rs. 299.85, up by 9.10 points or 3.13% from its previous closing of Rs. 290.75 on the BSE.

The scrip opened at Rs. 288.15 and has touched a high and low of Rs. 299.85 and Rs. 288.15 respectively. So far 159669 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 299.85 on 06-Jul-2023 and a 52 week low of Rs. 200.00 on 20-Oct-2022.

Last one week high and low of the scrip stood at Rs. 299.85 and Rs. 268.20 respectively. The current market cap of the company is Rs. 42130.89 crore.

The promoters holding in the company stood at 54.90%, while Institutions and Non-Institutions held 35.77% and 9.33% respectively.

Hindustan Petroleum Corporation (HPCL) has successfully implemented the ERP Modernisation Project effective July 2023. This project is one of the biggest and complex brownfield implementation of S/4 HANA in the global oil and gas industry which was completed in a record time.

The implementation of this project exhibits the vision of HPCL to offer a strong platform from which innovations and enhancements can more easily be delivered to customers and employees.

The new ERP SAP S/4HANA will help HPCL to integrate better with modern applications and systems, leverage the data for analytics and thereby driving the decisions towards optimized and efficient business processes. It helps HPCL re-define business processes, optimize operations, enhance effectiveness, and scale up supply chain management to higher level.

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

387.00 -9.25 (-2.33%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Reliance Industries	1435.70
Indian Oil Corp.	144.70
BPCL	302.85
HPCL	387.00
MRPL	167.90
View more..

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