Hindustan Petroleum Corporation jumps on raising Rs 1,500 crore
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Hindustan Petroleum Corporation is currently trading at Rs. 214.65, up by 4.55 points or 2.17% from its previous closing of Rs. 210.10 on the BSE.
The scrip opened at Rs. 210.10 and has touched a high and low of Rs. 215.30 and Rs. 210.10 respectively. So far 48629 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 354.55 on 15-Nov-2021 and a 52 week low of Rs. 206.70 on 20-Jun-2022.
Last one week high and low of the scrip stood at Rs. 219.75 and Rs. 206.70 respectively. The current market cap of the company is Rs. 30378.21 crore.
The promoters holding in the company stood at 54.90%, while Institutions and Non-Institutions held 34.99% and 10.11% respectively.
Hindustan Petroleum Corporation (HPCL) has issued Unsecured, Redeemable, Non-Convertible, Non-Cumulative, Taxable Debentures of Rs 10,00,000 each aggregating to Rs 1,500 crore on private placement basis on June 20, 2022 for funding of refinancing of existing borrowings and/or funding of capital expenditure of the Issuer, including recoupment of expenditure already incurred and/or for any other purpose in the ordinary course of business of the Issuer.
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.
