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Hindustan Petroleum Corp Ltd (HPCL.NS)

HPCL.NS on National Stock Exchange of India

525.70INR
4:06am EDT
Change (% chg)

Rs14.75 (+2.89%)
Prev Close
Rs510.95
Open
Rs520.20
Day's High
Rs526.85
Day's Low
Rs518.20
Volume
4,379,006
Avg. Vol
4,074,559
52-wk High
Rs583.00
52-wk Low
Rs246.73

Latest Key Developments (Source: Significant Developments)

Hindustan Petroleum Corp to consider interim dividend
Wednesday, 22 Mar 2017 09:16am EDT 

Hindustan Petroleum Corp Ltd :Says board meeting on 23.03.2017 for consideration of declaration of 2nd interim dividend for financial year 2016-17.  Full Article

Hindustan Petroleum Corp Dec qtr profit up about 53 pct
Monday, 13 Feb 2017 07:49am EST 

Hindustan Petroleum Corp Ltd : Dec quarter net profit 15.90 billion rupees . Consensus forecast for dec quarter profit was 15.35 billion rupees . Dec quarter total income from operations 555.41 billion rupees . Net profit in dec quarter last year was 10.41 billion rupees as per Ind-AS; total income from operations was 483.23 billion rupees .Says average GRM during nine months ended dec 31, 2016 was $5.57 per barrel.  Full Article

India's HPCL likely to raise $500 mln via bonds next fiscal year
Monday, 6 Feb 2017 11:11pm EST 

India's Hindustan Petroleum Corp Ltd is expected to raise $500 via bonds in the next fiscal year, a company executive said. Further company coverage:.  Full Article

Fitch says India oil merger may boost efficiency; faces challenges
Monday, 6 Feb 2017 09:59pm EST 

Fitch: Fitch: India oil merger may boost efficiency; faces challenges . Fitch - Proposed merger of India's state-controlled oil companies could reduce inefficiencies across sector . Fitch - Proposed merger of India's state-controlled oil companieswould face significant execution challenges .Fitch on India oil deal-Expects merger to give new entity much stronger bargaining power with suppliers, greater financial clout to secure oil resources.  Full Article

Engineers India gets contract worth over 25 bln rupees from HPCL for Vizag refinery
Monday, 9 Jan 2017 07:13am EST 

Engineers India Ltd : Says HPCL has entrusted project for execution of Vizag Refinery Modernization Project (VRMP) to Engineers India Limited . Co shall execute this project contract under two separate contracts, namely "PMC services for major process units and packages under U&O" . Says total awarded order value is more than 25 billion rupees with a total project schedule of 43 months for mechanical completion .Says execution of U&O and PRU revamp on open book estimate (OBE) basis.  Full Article

Indian Oil signs consortium agreement for pre-project activities for west coast refinery
Wednesday, 7 Dec 2016 05:32am EST 

Indian Oil Corpn Ltd : signing of consortium agreement to carry out pre-project activities for setting up of west coast refinery and a petrochemical project . says project of approximately 60 MMTPA capacity in state of maharashtra through a joint venture company .co, Bharat Petroleum Corporation Ltd And Hindustan Petroleum Corporation Ltd signed the consortium agreement.  Full Article

Hindustan Petroleum Corp exec says Vizag refinery expansion to cost 209.28 bln rupees
Monday, 22 Aug 2016 08:30am EDT 

Hindustan Petroleum Corp Ltd : Exec says has term deal to buy 20,000 BPD Iran oil in FY 2017 with an option to buy another 20,000 BPD . Exec says one CDU at vizag 167,000 BPD refinery shut for maintenance since July 23 . 60,000 BPD crude unit at Vizag refinery to resume operations on August 27 . Board okays expansion of Vizag refinery to 300,000 BPD at investment of 209.28 billion rupees . Exec says to complete Vizag refinery expansion by 2020 . Exec says to raise capacity of Mumbai refinery capacity to 190,000 BPD by 2019 from 150,000 BPD now . Exec says taking 1.75 million barrels Iranian oil in August . Exec says will buy 1.75 million barrels of Iran oil in September . Further company coverage [HPCL.NS] ((Bangalore.newsroom@thomsonreuters.com)).  Full Article

Hindustan Petroleum Corp June-qtr profit up about 30 pct
Monday, 22 Aug 2016 07:26am EDT 

Hindustan Petroleum Corp Ltd : June-quarter net profit 20.98 billion rupees . June-quarter net sales 516 billion rupees . Net profit in June-quarter last year was 16.14 billion rupees as per Ind-AS; net sales was 547.39 billion rupees . Says June-quarter average gross refining margin $6.83 per barrel . Recommends issue of bonus share in ratio of 2:1 .  Full Article

Hindustan Petroleum recommends bonus issue in 2:1 ratio
Wednesday, 20 Jul 2016 09:49am EDT 

Hindustan Petroleum Corp Ltd : Hindustan Petroleum Corporation Limited - Board recommended increase in authorised share capital to 25 billion rupees . Hindustan Petroleum Corporation Limited - Board further recommended capitalisation of reserves and issue of fully paid bonus shares in ratio of 2:1 .  Full Article

Hindustan Petroleum approves Visakh refinery capacity expansion project
Wednesday, 20 Jul 2016 09:41am EDT 

Hindustan Petroleum Corp Ltd : Hindustan Petroleum Corporation Ltd - Approved Visakh refinery capacity expansion from 8.33 MMTPA to 15 MMTPA . Project involves investment of 209.28 billion rupees and is expected to be mechanically completed within 48 months from approval .  Full Article

More From Around the Web

BRIEF-Honeywell says HPCL is using technologies from Honeywell UOP for expansion of refinery at Visakhapatnam

* Hindustan Petroleum Corporation Limited is using technologies from Honeywell UOP for expansion, modernization of refinery at visakhapatnam Source text for Eikon: Further company coverage: