HPCL share price has zoomed 4% and is presently trading at Rs 388.6.
Meanwhile, the BSE OIL & GAS index is at 27,283.0 (down 0.8%).
Among the top gainers in the BSE OIL & GAS index today are BPCL (up 0.5%) and IOC (up 0.4%).
Reliance Ind. (down 50.1%) and Petronet LNG (down 3.3%) are among the top losers today.
Over the last one year, HPCL has moved up from Rs 164.0 to Rs 388.6, registering a gain of Rs 224.6 (up 136.9%).
On the other hand, the BSE OIL & GAS index has moved up from 18,128.5 to 27,283.0, registering a gain of 50.5% during the last 12 months.
The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 136.9%), BPCL (up 81.1%) and GAIL (up 71.3%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 79,572.0 (up 0.2%).
The top gainers among the BSE Sensex today are ICICI Bank (up 2.9%) and SBI (up 1.9%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.
In the meantime, NSE Nifty is at 24,257.1 (up 0.3%). Shriram Transport and ICICI Bank are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,049.1 to 79,572.0, registering a gain of 15,522.9 points (up 24.2%).
HPCL net profit fell 89.6% YoY to Rs 5,347 million for the quarter ended September 2024, compared to a profit of Rs 51,280 million a year ago. Net sales rose 5.5% to Rs 1,082,676 million during the period as against Rs 1,026,693 million in July-September 2023.
For the year ended March 2024, HPCL reported 329.4% increase in net profit to Rs 160,146 million compared to net loss of Rs 69,802 million during FY23. Revenue of the company fell 2.2% to Rs 4,057,439 million during FY24.
The current Price to earnings ratio of HPCL, based on rolling 12 month earnings, stands at 21.8.
Equitymaster requests your view! Post a comment on "HPCL Gains 4%; BSE OIL & GAS Index Down 0.8%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!