Thu, May 09, 2024
HPCL earned $6.95 on turning every barrel of crude oil into fuel in the quarter against USD 14.01 per barrel gross refining margin a year back and USD 8.50 per barrel margin in the preceding quarter.
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Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) slipped on BSE on Thursday (May 9, 2024) on a day when both PSUs reported their fourth-quarter results.
Wed, May 08, 2024
Zee Business research estimates HPCL's EBITDA to see a sharp rise of 154 per cent to Rs 5,494 crore in the fourth quarter against Rs 2,164 core in the previous quarter. The PSU's margin, meanwhile, is estimated to soar to 4.69 per cent in the quarter under review compared to 1.9 per cent QoQ.
Tue, May 07, 2024
Writing to BSE and NSE on Monday, HPCL said: "We refer to our earlier letter Ref: Co.Secy/VM/107/2024 dated April 24, 2024 intimating holding of Board Meeting for consideration and approval of Audited Financial Results (Standalone & Consolidated) of the Company for the Financial Year ended March 31, 2024 and recommendation of Final Equity Dividend, if any, for the Financial Year 2023-2024.
Wed, May 01, 2024
Oil and gas sector represents some of the largest companies in India. These companies are either produce or market oil. The main index that represents oil and gas companies in India is Nifty Oil and Gas index (NIFOILGAS).
Mon, Sep 19, 2022
Oil and gas stocks in focus Oil and gas stocks rose in a weak market on Monday after the government slashed windfall tax on domestic crude oil and exports of Aviation Turbine Fuel (ATF).
Mon, Sep 12, 2022
In good news for state-run oil marketing companies (OMCs), the government is mulling to provide Rs 20,000 crore breather to them to make up for the losses due to alleviated oil and LPG prices
Tue, Aug 23, 2022
After declining by more than half per cent in the opening trade, the benchmarks made a smart recovery with Nifty 50 trading above 17,550 and Sensex adding more than 200 points minutes after the opening
Sat, Aug 06, 2022
Hindustan Petroleum Corporation Ltd (HPCL) on Saturday reported its highest ever quarterly net loss of Rs 10,196.94 crore in the June quarter as a freeze on petrol and diesel price revision wiped away record refining margins.
Wed, May 22, 2019
Post Q4FY19 results, experts have given investment calls on HPCL, BPCL and IOCL.
Fri, Feb 09, 2018
HPCL posted net profit of Rs 1,949.69 crore, witnessing a whopping 22.60% growth compared to net profit of Rs 1,590.31 crore in the corresponding period of the previous year.
Tue, Jan 23, 2018
To purchase 51.11% stake in HPCL, the state-owned Oil & Natural Gas Corp (ONGC) needs to pay about Rs 36,915 crore to the government.
Thu, Jul 20, 2017
Union Cabinet gave in-principle nod for sale of government's stake in HPCL to ONGC. Post ONGC buying government stake, HPCL will become subsidiary of India's largest oil producer but its board will continue to be in place.
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