IndiaCatalog.com
Login Signup
IndiaCatalog.com
Home Web Directory Classifieds Yellow Pages Global Directory City Guide News Photo Galleries
Login
Signup
  • Home
  • News
  • Hindustan Petroleum Corporation Ltd.(HPCL) Related news

Hindustan Petroleum Corporation Ltd.(HPCL) Related news

HPCL rallies 8%, hits 52-week high on strong March quarter results

HPCL rallies 8%, hits 52-week high on strong March quarter results

Shares of Hindustan Petroleum Corporation (HPCL) rallied 8 per cent and hit a 52-week high of Rs 288.15 on the BSE in intra-day trade on Friday after reporting many-fold jump in its March quarter (Q4FY21) net profit to Rs 3,018 crore on the back of inventory gains and rise in refining margins. The state-owned oil marketing company had a net profit of Rs 27 crore in January-March 2020 (Q4FY20).

Hindustan Petroleum acquires balance 50% stake in Chhara LNG Terminal

Hindustan Petroleum acquires balance 50% stake in Chhara LNG Terminal

Hindustan Petroleum Corporation Limited (HPCL) has acquired the balance 50 per cent equity stake in HPCL Shapoorji Energy Private Limited (HSEPL) from SP Ports Private limited company.

Post acquisition, HPCL's stake in HSEPL gets enhanced to 100 per cent, making HSEPL a wholly-owned subsidiary of HPCL.

HPCL sees two-fold jump in net profit in Q2, okays Rs 2,500-cr buyback

HPCL sees two-fold jump in net profit in Q2, okays Rs 2,500-cr buyback

Hindustan Petroleum Corp (HPCL) on Wednesday reported a twofold jump in its second quarter (July-September 2020, or Q2) net profit on the back of a surge in refining margins and inventory gains, and announced a Rs 2,500-crore share buyback plan as the management said it felt the share price was lower than the value it deserves.

Net profit was Rs 2,477 crore compared to Rs 1,052 crore a year back, HPCL Chairman and Managing Director Mukesh Kumar Surana told reporters on a call.

HPCL, BPCL, Indian Oil poised for gains with oil prices at 18-year low

HPCL, BPCL, Indian Oil poised for gains with oil prices at 18-year low

Investor sentiment towards state-owned oil marketing companies (OMCs) such as Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL) and Indian Oil (IOC) has improved sharply with crude oil prices falling to 18 year low. Shares of the OMCs, after hitting 52-week lows recently, rebounded by up to 15 per cent on Tuesday. And, they could see further gains.

The soft crude oil prices bode well for these companies, which may see a rise in their marketing margins, decline in working capital requirements and zero risks of subsidy burden.

HPCL, BPCL tank over 4% after crude oil prices rise for second straight day

HPCL, BPCL tank over 4% after crude oil prices rise for second straight day

Shares of oil marketing companies (OMCs), including Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL), skid up to 4 per cent on the BSE after oil prices rose for the second straight day on Wednesday.

At 9:43 am, Brent Crude Futures were at $38.45 per barrel-mark, up 3.3 per cent, while the US WTI was at $35.26/bbl, up 2.62 per cent. This comes after an over 8 per cent rise in the oil prices on Tuesday. Prices inched higher on hopes of a supply cut by US producers.

Oil-linked stocks trade weak as oil prices continue to surge; HPCL down 5%

Oil-linked stocks trade weak as oil prices continue to surge; HPCL down 5%

Shares of oil & gas companies, tyre, paint, and aviation firms were under pressure on Monday as oil prices continued to surge after US President Donald Trump issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East.

At 09:40 am, Brent crude futures were trading 2.70 per cent higher at 70.45 USD/bbl while WTI Crude Oil (Nymex) were trading at 64.54 USD/bbl, up over 2 per cent.

More PSU disinvestment: After HPCL, govt plans strategic stake sale in BPCL, four others

More PSU disinvestment: After HPCL, govt plans strategic stake sale in BPCL, four others

Carrying forward its divestment plan, the government is mulling over stake sale in the five central public sector enterprises (CPSEs), CNBC TV18 reported citing unidentified sources. The government may seek cabinet nod for strategic stake sale in the state-owned BPCL, CONCOR and SCI, the report added. In addition, approval will also be sought for acquisition of THDC by NTPC and NEEPCO by NHPC, it also said.

HPCL buys 120,000 tonnes petrol for Sept-Oct delivery; still seeking more

HPCL buys 120,000 tonnes petrol for Sept-Oct delivery; still seeking more

Hindustan Petroleum Corp Ltd is seeking more petrol after having purchased more than 120,000 tonnes of the fuel for September to early October delivery from the spot market to plug a supply gap, industry sources said on Tuesday.

The state-owned refiner has been actively seeking petrol from the spot market this year as Indian refiners undergo maintenance and upgradation to produce cleaner fuels.

Rapid vehicle-battery swap scheme planned by HPCL

Rapid vehicle-battery swap scheme planned by HPCL

Bracing for a future with less-polluting fuels, state-run refiner Hindustan Petroleum is planning a pilot programme for swapping batteries of electric two- and three-wheelers at its outlets by December, according to people familiar with the matter.

The initiative is aimed at helping the company maintain its grip on a segment of the mobility market that’s rapidly shifting to cleaner power sources, said the people, who asked not to be identified because the plans aren’t public. The ultimate capacity of the programme hasn’t been decided.

HPCL re-files shareholding pattern for 6 quarters; lists ONGC as promoter

HPCL re-files shareholding pattern for 6 quarters; lists ONGC as promoter

After a rap from market regulator Sebi, Hindustan Petroleum Corp Ltd (HPCL) has re-filed shareholding pattern of the company for last six quarters, listing its majority owner Oil and Natural Gas Corp (ONGC) as a 'promoter'.

The Securities and Exchange Board of India (Sebi) had asked HPCL to re-file shareholding pattern to stock exchanges by August 13, 2019 for all quarters since Oil and Natural Gas Corp (ONGC) acquired government's entire stake in the refiner in January 2018.

  • Previous
  • 1
  • 2
  • 3
  • 4
  • 5
  • Next

Post a FREE Classified Advertisement

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.

Most Read News

IndiaCatalog News
Reliance names V Srikanth as new CFO, Alok Agarwal appointed as Senior Advisor-to Chairman
IndiaCatalog News
TII, Premji Invest sign share purchase agreement to acquire Lotus Surgicals
IndiaCatalog News
Electronic firm Avalon Technologies to launch its Rs 865-cr IPO on April 3
IndiaCatalog News
My name is Gandhi, I am not Savarkar, won't apologise: Rahul Gandhi
IndiaCatalog News
Uttar Pradesh news: Woman kills two young children with lover’s help, throws body in canal

CORPORATE NEWS

Ford India Limited
Ford India Limited
LIC Housing Finance Ltd
LIC Housing Finance Ltd
Amazon India
Amazon India
Maruti Suzuki India Limited
Maruti Suzuki India Limited
National Highways Authority of India
National Highways Authority of India
National Stock Exchange of India Ltd (NSE)
National Stock Exchange of India Ltd (NSE)
Procter & Gamble India Ltd
Procter & Gamble India Ltd
N I I T
N I I T

PHOTO GALLERY

India vs Australia Day 1 Test Series
India vs Australia Day 1 Test Series
Toyota University Cricket Champions
Toyota University Cricket Champions
jagannathtemple
jagannathtemple
Shriya Saran
Shriya Saran
Royal Enfield Thunderbird 350
Royal Enfield Thunderbird 350
Velaiilla Pattadhari 2
Velaiilla Pattadhari 2
Yevadu
Yevadu
Benelli TNT 1130R
Benelli TNT 1130R
IndiaCatalog.com

IndiaCatalog.com is a website brought to you by Portland Technologies to provide directory of Indian websites, News, City Guides and profiles of Indian Businesses. Portland Technologies also provides IT solutions for Small and Medium Businesses in India.


Products

India Web Directory

Global Web Directory

Yellow Pages

Photo Galleries

FREE India Classifieds


Useful links

About us

Advertise

Link to us

Submit a Site

Business Reviews


Contact

Plot #37, Ramnagar Gundu, Hyderabad - 500 044

service@indiacatalog.com

+91-40-23756949


© Copyright: IndiaCatalog.com