Mumbai : Hindustan Petroleum Corporation is currently trading at Rs. 290.80, up by 1.85 points or 0.64% from its previous closing of Rs. 288.95 on the BSE. The scrip opened at Rs. 288.95 and has touched a high and low of Rs. 292.10 and Rs. 287.05 respectively. So far 75020 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 333.45 on 03-Jun-2019 and a 52 week low of Rs. 163.45 on 05-Oct-2018. Last one week high and low of the scrip stood at Rs. 297.10 and Rs. 283.45 respectively. The current market cap of the company is Rs. 44267.05 crore. The Institutions and Non-Institutions held 35.69% and 64.31% stake respectively in the company.
Hindustan Petroleum Corporation (HPCL) and Ashok Leyland have launched a unique break down maintenance solution titled ‘Sadak Ka Saathi’ for DriveTrack Plus customers.
Under this arrangement, any break down of any make of truck will be attended in 4 hours and if it gets necessitated, free towing will be done to the nearest workshop for further repairs. This is further to the already existing strategic agreements between the two companies for co-branded products ‘eN-Dhan’ on DriveTrack Plus platform.
HPCL is an Indian state-owned oil and natural gas company with its headquarters at Mumbai, Maharashtra. It has about 25% marketing share in India among PSUs and a strong marketing infrastructure.