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HPCL Share price, NSE/BSE Forecast News and Quotes| Equitymaster

Dec 1, 2021 | Updated on Dec 1, 2021

HPCL: Get the latest HPCL Share price and stock price updates, live NSE/BSE share price, share market reports, financial report, balance sheet, price charts, financial forecast news and quotes only at

HPCL Shares Under Pressure After Profit Declines in June Quarter

Aug 5, 2021

Rising crude oil prices and forex woes weigh on HPCL's quarterly numbers.

HPCL Reports Its Highest Annual Profit

May 21, 2021

HPCL shares scale fresh 52-week highs as the refiner posts a record-breaking bottomline.

BPCL versus HPCL: Which is better - II?

Apr 4, 2012

Equitymaster compares to key players - BPCL and HPCL in the domestic downstream oil and gas sector.

BPCL versus HPCL: Which is better?

Mar 28, 2012

Equitymaster compares to key players - BPCL and HPCL in the domestic downstream oil and gas sector.

Fuel price hike: Impact on OMCs

Jun 5, 2008

The government's relief package to the PSU oil marketing companies (OMCs)- IOCL, BPCL and HPCL-announced on June 4, 2008 impacts many segments of the Indian economy. There are macro level implications on inflation and fiscal deficit along with micro level implications on companies in the banking, logistics, aviation, auto and FMCG sectors among others. In this article, we shall look at how the package affects the OMCs.

Private players in fuel marketing: A serious threat?

Oct 6, 2006

The marketing of petroleum products was solely with the public sector oil marketing companies (OMCs) prior to dismantling of the APM and deregulation of the downstream oil-marketing segment. IOC, BPCL, HPCL and IBP were the sole downstream players (OMCs) in the oil value chain. However, the sector was deregulated and opened up for the private players at the start of FY03. Reliance (RIL), Essar and Shell were amongst the key players to be granted marketing rights. With the entry of private player

Refineries: Some key factors…

Aug 10, 2006

In the previous articles, we highlighted the business model and financial performance of HPCL and BPCL. Taking the same theme forward, we now move on to analyzing the historical valuation of the two companies. However, before we do that a short tutorial on key factors that affect the performance of a refining company is in order.

Energy: Lucky for some...

Feb 4, 2005

Energy stocks have announced mixed results for 9mFY05. High crude oil prices had different impacts on different businesses depending on the straddle of the energy sector. In other words, while oil marketing companies witnessed a sharp dip in bottomline on account of higher costs and lower realization factors, upstream majors, such as ONGC, had a very good outing during the period, with its product (read crude oil) touching prices never witnessed before by the oil major (ONGC was selling crude at

HPCL: Sneezes on pricing freeze

Oct 29, 2004

The country’s second largest refining and marketing company, HPCL has announced its 2QFY05 results. While the topline has shown a decent rise of 16% YoY, the bottomline has dipped by nearly 34% during the quarter. The operating margins have fallen by 190 basis points.

HPCL v/s BPCL: Who’s the better player?

Sep 20, 2004

Post disinvestment blues, the government is now eyeing a ‘merger of sorts’ between oil companies with BPCL being merged with ONGC while HPCL falling into IOC’s kitty. The aim is to create substantial entry blocks for new private and international players. With over 22,000 retail outlets by the turn of this fiscal and only a 3% to 4% growth across the energy sector, this move seems to be a positive for the downstream oil marketing companies so as to sustain profitability and growth.

Energy: Will 'this' happen?

Aug 27, 2004

Recently, the petroleum ministry mooted the idea of two mega-mergers of oil companies, one involving ONGC while the other, IOC. The idea here was to merge BPCL, HPCL and ONGC on one had and IOC, IBP and OIL India on the other. These mergers, if they were to take place, would result in India’s two major companies featuring in the prominent list of global 500 companies. Let us now analyze the various business parameters that would drive these mergers to success.

HPCL: Bruised but not battered

Jul 12, 2004

Oil stocks tumbled after the budget session, as the much-anticipated duty cuts and pricing autonomy was not granted to the oil marketing companies. At the same time came the statement that oil companies cannot be granted freedom on pricing, which actually was a dampener of sorts on the future of these companies’ operations.

GRMs: How dependable?

Jun 7, 2004

Oil marketing PSUs have posted robust FY04 results. BPCL recorded an 11% topline and 36% bottomline growth, while HPCL's topline grew by 6% and bottomline by 24% during the year. The performance could have been better but for the freeze on prices. The companies' refineries are amongst the best in the country and with future plans of expansion and upgradation, are likely to play a substantial role in growth.

HPCL: Divestment Blues

May 14, 2004

Political concerns coupled with increasing crude prices and a freeze on prices of petroleum products has led to a major dip in energy stocks over the past one month. One of the major losers during this period has been HPCL, which has witnessed a dip of 27% during this period. Apart from the aforementioned concerns, doubts over the disinvestment of the PSU navratna have led to such a downfall.

HPCL: On a strong footing?

Mar 22, 2004

Reliance and Essar Oil's entry into the retail segment of the petroleum sector is a good news for the economy. However, whether they would be successful in cornering a reasonable chunk of the market share remains to be seen, with HPCL, BPCL, IOC and IBP already established players in the business. In this article, we consider the strengths of HPCL and its future growth prospects.

Oil PSUs: What's ahead?

Mar 19, 2004

Oil marketing has so far been the forte of the PSUs such as IOC, BPCL, HPCL and IBP. Now, with the opening up of the downstream segment (that includes marketing of petroleum products and LPG) for the private and foreign players in the energy sector, competition is likely to reach enormous proportions with the private sector giant Reliance going all out selling its petroleum products from the Jamnagar refinery.

HPCL: Is it all about divestment?

Sep 25, 2003

HPCL had run up on the bourses on the hopes of divestment of government’s stake to some strategic partner. However the recent stay imposed by the Supreme Court has stalled the divestment process. This has impaired investor sentiments towards the stock as was reflected by the steep fall in the stock price recently. However should the sentiments towards the stock be solely governed by divestment? What are the prospects of the company in future? We try to take a look at the same.

PSU refineries: Missing the real picture

Sep 17, 2003

The Supreme Court (SC) verdict regarding the disinvestment process has dealt a severe blow to the stock market. While we would not like to debate upon the validity of the verdict, we would like to concentrate more on the fundamentals of the two companies, i.e. BPCL and HPCL.

HPCL: APM effect is fading

Jul 31, 2003

Hindustan Petroleum Corporation (HPCL) announced its first quarter FY04 results yesterday. The company reported a 12% rise in its topline while the bottomline was up by about 35%. Let's take a detailed look at the results.

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