Share price of HPCL jumps as Sensex gains 490.49 points

The share price of Hindustan Petroleum Corporation Ltd. gained 1.54 per cent to Rs 336.45 at 10:30AM (IST) in Monday's trade. The stock has hit a high of Rs 339.7 and low of Rs 332.25 so far during the session. The stock had closed at Rs 331.35 in the previous session.

The counter has had a total traded volume of 45832 shares so far with a value of Rs 1.54 crore on the NSE. It traded at a price-to-earnings multiple of 4.6 and a price-to-book ratio of 0.89.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 105.4 per cent during the past one year, while the 30-share index advanced 52.25 per cent during the same period.

Hindustan Petroleum Corporation Ltd. belongs to the Oil Refining & Marketing industry.

Promotor/FII Holding
Promoters held 54.9 per cent stake in the company as of 30-Sep-2021, while overseas investors and domestic institutional investors ownership stood at 18.29 per cent and 11.37 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 72838.01 crore for the quarter ended 30-Jun-2021, down 3.39 per cent from the previous quarter's Rs 75394.63 crore and down 90.1 per cent from the year-ago quarter's Rs 38315.41 crore.

Profit for the latest quarter stood at Rs 2003.9 crore, down 11.04 per cent from the same quarter a year ago.