Hindustan Petroleum Corporation is currently trading at Rs. 407.70, up by 0.80 points or 0.20% from its previous closing of Rs. 406.90 on the BSE.
The scrip opened at Rs. 407.00 and has touched a high and low of Rs. 409.00 and Rs. 403.20 respectively. So far 42790 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 457.20 on 05-Sep-2024 and a 52 week low of Rs. 239.05 on 21-Dec-2023.
Last one week high and low of the scrip stood at Rs. 419.00 and Rs. 400.35 respectively. The current market cap of the company is Rs. 86336.40 crore.
The promoters holding in the company stood at 54.90%, while Institutions and Non-Institutions held 35.79% and 9.31% respectively.
Hindustan Petroleum Corporation (HPCL) has signed an agreement with NICDC Logistics Data Services (NLDS) to integrate its APIs with Unified Logistics Interface Platform (ULIP). This partnership is a significant step towards enhancing transparency, operational efficiency, and innovation in India’s logistics sector.
The HPCL API of ULIP provides Fuel Station & Pricing Visibility, which offers real-time visibility into the location and pricing of HPCL fuel stations across India. This API is expected to address critical logistics challenges, such as lack of clarity on refueling options and fluctuating fuel costs along various routes. By utilizing this data, logistics service providers, traders and transporters can optimize their planning and operations, ultimately reducing costs and inefficiencies.
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.