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HPCL rises on plan to revive Rs 50,000 crore refinery-cum-petrochem plant

30 May 2013 Evaluate

Hindustan Petroleum Corporation (HPCL) is currently trading at Rs. 285.80, up by 0.40 points or 0.14% from its previous closing of Rs. 285.40 on the BSE.

The scrip opened at Rs. 287.00 and has touched a high and low of Rs. 289.00 and Rs. 285.50 respectively. So far 31648 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. 293.50 and Rs. 283.10 respectively. The current market cap of the company is Rs. 9684.74 crore.

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

State-owned Hindustan Petroleum Corporation (HPCL) is vitalizing Rs 50,000 crore refinery-cum- petrochemical project near Vizag in Andhra Pradesh, in order to meet local fuel demand. The company is in talks with global energy giants like Total SA of France and BP plc to join the stalled project. The company is planning to build the 15 million tonne a year refinery and a mega petrochem plant about 70 km away from the company's existing Vizag refinery.

HPCL operates two major refineries producing a wide variety of petroleum fuels and specialties, one in Mumbai (west coast) of 6.5 million metric tonnes per annum (MMTPA) capacity and the other in Vishakapatnam, (east coast) with a capacity of 7.5 MMTPA.

HPCL Share Price

379.85 6.20 (1.66%)
06-May-2026 09:20 View Price Chart
Peers
Company Name CMP
Reliance Industries 1469.60
Indian Oil Corp. 143.75
BPCL 302.90
HPCL 379.85
MRPL 155.60
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