Information About HPCL Stock Price:

Hindustan Petroleum Corporation Limited is a reputable public-sector oil marketing company in India. It is listed on Global Fortune 500 and Forbes 2000. The GOI owns the company with more than 51% of the company's share. The remaining has been distributed to other investors, including retail and corporate. The company has been registered on the National Stock Exchange and Bombay Stock Exchange. It holds more than 25% market share in the Indian fuel retail sector. It has gained the brand identity for exceptional quality services and products.

HPCL runs two major oil refinery centers fabricating an extensive range of petroleum products. It also owns the biggest Lube Refinery in the nation. The lube refinery owned and run by HPCL can produce Lube Bases oil at par with global standards. Currently, 300 plus grades of Lube are produced by HPCL, which is also running a refinery center in association with Mittal Energy Investments Private Limited. The company operates domestically with more than 11,000 committed employees.

History of HPCL:

  1. In 1952, the Hindustan Petroleum Corporation Limited began in the name of Standard Vacuum Refining Company of India Limited.
  2. In 1962, it was renamed as ESSO Standard Refining Company of India Limited.
  3. In 1974, Hindustan Petroleum Corporation Limited was conceptualized.
  4. In 1979, Kosan Gas Company was merged with HPCL.

Stock trends of HPCL in 2016:

In January 2016, the highest stock price of HPCL was reported at Rs.202.22 and the lowest price at Rs.172.78. During the February month, the share price of the oil and natural gas company slid by 2.42%. They began increasing again in March 2016 and stood at Rs.175.06. Between January and March 2016, the highest and lowest stock prices were Rs.181.85 and Rs.141.14 respectively. The equity value of BPCL increased by 5.84%, 8.72% and 9.91% in April 2016, May 2016 and June 2016 respectively. The lowest price was Rs.172.34, and the highest price was Rs.223.32 during this quarter. The overall stock performance of HPCL was good.

The stock price of Hindustan Petroleum Corporation Limited continued to climb in July 2016. The stocks were priced at Rs.280.38 and had registered a growth rate of 26.65% in the month. They slid to Rs.270.82 in the following month. They were up by 4.36%, 10.21% and 0.84% in September 2016, October 2016 and November 2016. Towards the end of 2016, the share value of the company was Rs.294.20. The eight months in 2016 had produced an upward trend and the remaining four months a downward trend.

Market Capitalization:

As of early March 2018, the market capitalization of HPCL was Rs.58,408.12 crore.

A wealth of HPCL and recent performance:

The sales revenue of HPCL was up by 16.09% to Rs.6,30,762 crore during the third quarter ended on 31 December 2017. The oil marketing company reported a 15.85% hike in the total income. Similarly, operating profits were up by 6.07% to Rs.36,328.30 crore. The gross profit increased by 8.39% during the same tenure.

Profit before Depreciation and Tax (PBDT) rose to Rs.34,531 crore from Rs.31,122.70 crore during the Q3 FY 2017-2018. The net earnings of HPCL were up 12.39% to a Rs.19,496 crore. The Earnings per Share, which influences stock investors to buy shares, increased to Rs.12.79. In the previous quarter, it was Rs.11.38. This has been a good sign.

Should You Buy Stocks of HPCL?

Stock investors can be clubbed into two categories: short-run investors and long-run investors. The stock investment strategies will be different for these two classes of investors. It's good to rely on the technical analysis if you are a short-term trader of HPCL stocks. If you are a long-run trader of HPCL shares, the fundamental analysis is required. The fundamentals of HPCL have been strong. Therefore, investors may consider investing in HPCL equities. Let's read a few fundamentals. The total share capital mounted to Rs.1,016.27 crore in the financial year ended on 31 December 2017. One year ago, it was just Rs.339.01 crore. The net-worth is one of the most prominent indicators for investors. As of 31 December 2017, the network of BPCL was Rs.20,347.41 crore.

The overall revenue of the company accelerated to Rs.192,992.49 crore in the FY 2017 from Rs.178,951.85 crore as on the previous year. The solvency ratios are at par with the accounting standards. Considering these aspects, we may hope that the stocks of HPCL will yield a better return over the long-term. Using the technical analysis, one can comprehend the stock price of HPCL. It is the best way to make uninformed investment decisions. As per a 5-day moving average, you may consider selling the stock at Rs.383.15. If you look at the stock prices of HPCL in 2016 and 2017, it can be noticed that the growth rate was considerable and consistent. They moved in a growing trend except for a few months. Considering this element, holding the equities of the oil marketing company may earn better results over the long-run.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.

Note: The contents of this post/blog do not constitute any professional advice on a specific financial matter.

Indexes and Exchages

Bombay Stock Exchange (BSE)

The Bombay Stock Exchange, popularly called BSE, is Asia's first and oldest stock exchange. Located at Dalal Street in Mumbai, the BSE was formally established in 1875 by an influential stockbroker and businessman called Premchand Roychand. In the initial days, the BSE had its meetings under several Banyan trees in Mumbai before finding a permanent place, which is very appropriately named Dalal Street or Broker Street. After functioning as a floor trading exchange for more than a century, BSE ascended the digital ladder in 1995 by implementing a new screen-based automated trading platform with a capacity of 8 million orders in a day. In 2012, the BSE went global by becoming a Partner Exchange of the United Nations Sustainable Stock Exchange. Subsequently, BSE established India's first international exchange, called INX, in 2016.

National Stock Exchange (NSE)

NSE was set up in 1992 by a group of leading Indian financial institutions, following the Indian Government's directives. It aimed to bring transparency to the Indian capital market. It was India's first demutualized electronic exchange which operated on a completely automated screen-based electronic trading system, offering an easy trading facility to all Indian investors. NSE began its operations in the Wholesale Debt Market segment in 1994. NSE was the first company in India to offer a digital platform that connected the investor base of the entire country. NSE offers services in various segments, such as trading, equity derivatives, clearing and settlement services in equity, debt and currency derivatives, etc.

NIFTY Index

The NIFTY is NSE's flagship index that tracks the behavior of a portfolio of blue-chip companies that have the largest and most liquid Indian securities. It is owned as well as managed by IISL (India Index Services and Products Ltd), which is India's first specialized company to focus on an index as a core product. Nifty indexes 50 of the 1600 companies on the National Stock Exchange (NSE) and is thus popularly referred to as 'Nifty 50'. It captures approximately 65% of its float-adjusted market capitalization and is a true reflection of the Indian stock market. The Nifty 50 includes the major sectors of the Indian economy. It offers the exposure to the Indian market in one efficient portfolio. The Nifty index has been trading since April 1996. It is ideally suited for index funds, benchmarking and index-based derivatives.

SENSEX Index

Sensex is BSE's stock market index. It consists of 30 well-established and financially flourishing companies listed on BSE. It was established in 1986. These 30 component companies are known for being the largest and most actively traded stocks. They represent various industrial sectors of the Indian economy. Sensex is also known as BSE 30 and S&P BSE SENSEX. The word 'Sensex' is a portmanteau of the words 'Sensitive' and 'Index.' SENSEX is widely reported in domestic and international markets through print and electronic media. The indexing system is scientifically designed, based on globally accepted construction and review methodology. Since September 2003, S&P BSE Sensex is being determined on a free-float market capitalization methodology.