HPCL shines on partnering with FuelBuddy
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Hindustan Petroleum Corporation is currently trading at Rs. 232.00, up by 7.90 points or 3.53% from its previous closing of Rs. 224.10 on the BSE.
The scrip opened at Rs. 226.10 and has touched a high and low of Rs. 233.45 and Rs. 225.80 respectively. So far 315949 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 332.40 on 20-Jan-2022 and a 52 week low of Rs. 200.00 on 20-Oct-2022.
Last one week high and low of the scrip stood at Rs. 240.00 and Rs. 223.35 respectively. The current market cap of the company is Rs. 33002.53 crore.
The promoters holding in the company stood at 54.90%, while Institutions and Non-Institutions held 34.72% and 10.37% respectively.
Hindustan Petroleum Corporation (HPCL) has partnered with Doorstep fuel delivery service provider FuelBuddy. With this association, FuelBuddy aims to gain a strong foothold in the lubricant market across the country. With FuelBuddy's holistic approach in providing energy services to the users, and the company’s cumulative network across the country, this is a win-win deal for both parties and the consumers.
HP Lubricants sells more than 350 grades of domestically produced lubes, specialties, and greases. The grades have applications in sectors such as rail, automotive, industrial, mining and construction, agricultural, fishing and military.
Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.
