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HPCL trades higher on the back of fall in crude oil prices

03 Oct 2011 Evaluate

Hindustan Petroleum Corporation (HPCL) is currently trading at Rs 376.60, up by 11.20 points or 3.07% from its previous closing of Rs 365.40 on the BSE.

The scrip opened at Rs 368.60 and has touched a high and low of Rs 380.00 and Rs 366.25 respectively. So far 88794 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 550.00 on 11-Oct-2010 and a 52 week low of Rs 307.00 on 24-Feb-2011.

Last one week high and low of the scrip stood at Rs 380.00 and Rs 356.35 respectively. The current market cap of the company is Rs 12373.44 crore.

The promoters holding in the company stood at 51.11% while Institutions and Non-Institutions held 38.37% and 10.52% respectively.

Crude oil prices extended their declining streak in Monday's trade as investors continued to worry about the commodity’s demand prospects amid slowing US economy and deteriorating European debt situation. Risk aversion was evident across most risky asset classes as the strength in American greenback made dollar denominated commodities costlier for overseas investors.

Benchmark crude for November delivery plummeted $1.30, or 1.5% to $77.90 a barrel on the New York Mercantile Exchange. In London, Brent crude for November delivery shed $0.92 or 0.9 percent to $101.84 a barrel, on the ICE Futures exchange.

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
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