SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

HPCL surges on the buzz of purchasing 2 million barrels of Nigerian Crude

15 Apr 2013 Evaluate

Hindustan Petroleum Corporation (HPCL) is currently trading at Rs. 309.00, up by 11.65 points or 3.92% from its previous closing of Rs. 297.35 on the BSE.

The scrip opened at Rs. 301.00 and has touched a high and low of Rs. 309.70 and Rs. 301.00 respectively. So far 82840 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 381.40 on 18-Jan-2013 and a 52 week low of Rs. 275.30 on 26-Nov-2012.

Last one week high and low of the scrip stood at Rs. 309.70 and Rs. 284.00 respectively. The current market cap of the company is Rs. 10429.72 crore.

The promoters holding in the company stood at 51.11% while Institutions and Non-Institutions held 33.81% and 15.08% respectively. 

HPCL has reportedly bought 2 million barrels of Nigeria’s Qua Iboe crude from Vitol Group for loading from June 1 to June 30, via tender. Vitol Group sold a cargo of North Sea Forties crude, it’s eighth since March 28, as the price dropped to the lowest in more than a week.

Recently, the company inked a Memorandum of Understanding (MoU) with Ministry of Petroleum & Natural Gas (MOP&NG) for the year 2013-14. The MoU targets comprise both Financial and Physical parameters covering entire gamut of operations of the Corporation.

HPCL Share Price

373.85 -0.75 (-0.20%)
04-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1462.95
Indian Oil Corp. 142.30
BPCL 301.80
HPCL 373.85
MRPL 159.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×