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Hindustan Petroleum Corporation Ltd.(HPCL)
Welcome to HPCL. India's second largest integrated oil refining and marketing Company. From transportation to power plants, textiles to pharmaceuticals, consumer durables to heavy engineering, Their petroleum products cover them all.
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Corparate Headquarters Office :
Petroleum House, 17,
Jamshedji Tata Road,
Mumbai, MH, 400020
Phone : +91-022-22863900
Fax : +91-022-22872992
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Kochi Refineries Limited (formerly known as Cochin Refineries Limited) is a petroleum refining company with Bharat Petroleum Corporation Limited (BPCL) as the majority shareholder...They took the road of quality and responsibility. And it paid rich dividends of goodwill and progress. It was thirty-five years back that KRL, formerly known as Cochin Refineries Ltd., started as a refinery with a capacity of 2.5 million metric tons per annum.In addition to producing petrol, the company also makes diesel, kerosene, liquefied petroleum gas (LPG), furnace oil, aviation turbine fuel, and bitumen.
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HPCL, GAIL to divest up to 50% stake in petrochem plant in AP
Posted on 23rd August 2016
State-owned refiner Hindustan Petroleum Corp Ltd (HPCL) and gas utility GAIL India Ltd will divest up to 50 per cent stake in the Rs 30,000 crore petrochemical plant which is being set up in Andhra Pradesh.

HPCL and GAIL are looking at setting up a 1 million tonnes Ethylene Derivatives plant, which will produce a wide range of petrochemical raw materials for the manufacture of detergents, paints and coatings, cosmetics, textiles and adhesives. Read More


RBI allows foreign investors to hike stake in HPCL
Posted on 6th August 2016
MUMBAI: Reserve Bank has allowed foreign investors to hike their stake in Hindustan Petroleum Corp to up to 40 per cent under portfolio investment scheme (PIS).

"Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) from default can now invest from existing 24 per cent up to 40 per cent of the paid up capital of Hindustan Petroleum Corporation Ltd (HPCL) under PIS," an RBI notification said today. Read More


ONGC, HPCL may sell stake in MRPL to meet public holding norms
Posted on 27th July 2016
State-owned Oil and Natural Gas Corp (ONGC) and Hindustan Petroleum Corp Ltd (HPCL) may sell a part of their stake in Mangalore Refinery and Petrochemicals Ltd (MRPL) to comply with regulations on minimum public holding.

Public shareholding in the Mangalore-based refiner is currently just 11.42 per cent, not even half of the mandatory 25 per cent public float required by the Securities and Exchange Board of India (SEBI) for listed companies. Read More


HPCL hits new high as board approves 2:1 bonus issue
Posted on 21st July 2016
Hindustan Petroleum Corporation Limited (HPCL) has rallied 10% to Rs 1,233, also its record high on the BSE in intra-day trade after the company announced that the board has recommended issue of bonus shares in the ratio of two for every one held.

“The board of directors of the company at its meeting held on July 20, 2016, have recommended capitalisation of reserves and issue of fully paid bonus shares in the ratio of 2 (two) bonus equity share of Rs 10 each for every 1 (one) existing equity share of Rs 10 each,” HPCL said in a regulatory filing. Read More


HPCL, BPCL, IOC closes at lifetime high
Posted on 19th July 2016
Shares of oil marketing companies (OMCs) are on a roll with all three listed firms – Hindustan Petroleum Corporation (HPCL), Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) – closing at their respective lifetime highs on the Bombay Stock Exchange (BSE) on Tuesday. These stocks closed higher between 3%-5%, as compared to 0.15% rise in the S&P BSE Sensex today. Read More
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