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India

Hindustan Petroleum Corp Ltd (HPCL.NS)

HPCL.NS on National Stock Exchange of India

226.45INR
22 Aug 2019
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Rs163.00

Latest Key Developments (Source: Significant Developments)

Hindustan Petroleum, Indian Oil, Bharat Petroleum To Form JV Co To Operate LPG Pipeline
Tuesday, 4 Jun 2019 

June 4 (Reuters) - HINDUSTAN PETROLEUM Corp Ltd ::INDIAN OIL CORP, BHARAT PETROLEUM CORP AND CO SIGNED AGREEMENT FOR FORMATION OF JOINT VENTURE COMPANY.JV CO FORMATION TO IMPLEMENT, OPERATE 2757 KM LONG LPG PIPELINE FROM KANDLA TO GORAKHPUR.INDIANOIL, BPCL AND HPCL WOULD HAVE 50%, 25% AND 25% EQUITY HOLDING RESPECTIVELY IN THE JV COMPANY.PIPELINE IS EXPECTED TO PROVIDE RELIABILITY IN THE SUPPLY CHAIN OF LPG.  Full Article

Indian Oil Corpn, Bharat Petroleum And Hindustan Petroleum Signs JV Agreement
Tuesday, 4 Jun 2019 

June 4 (Reuters) - Bharat Petroleum Corporation Ltd ::CO, BHARAT PETROLEUM AND HINDUSTAN PETROLEUM SIGNS JV AGREEMENT.JV TO OPERATE 2757 KM LONG LPG GASLINE.CO, BHARAT PETROLEUM AND HINDUSTAN PETROLEUM WOULD HAVE 50%, 25% AND 25% HOLDING IN JV COMPANY.  Full Article

India's Hindustan Petroleum Corp March-Qtr Net Profit Rises
Monday, 20 May 2019 

May 20 (Reuters) - Hindustan Petroleum Corp Ltd ::MARCH QUARTER NET PROFIT 29.70 BILLION RUPEES VERSUS PROFIT OF 17.48 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 23.25 BILLION RUPEES.MARCH QUARTER GROSS SALE OF PRODUCTS 728.40 BILLION RUPEES VERSUS 663.51 BILLION RUPEES LAST YEAR.RECOMMENDED FINAL DIVIDEND OF 9.40 RUPEES PER SHARE.AVERAGE GRM DURING YEAR ENDED MARCH 2019 $5.01 PER BBL VERSUS $7.40 PER BBL LAST YEAR.  Full Article

Hindustan Petroleum Approves Appointment Of R. Kesavan As CFO
Friday, 1 Mar 2019 

March 1 (Reuters) - Hindustan Petroleum Corp Ltd ::J. RAMASWAMY, DIRECTOR (FINANCE) AND CFO HAS SUPERANNUATED FROM SERVICES ON FEB 28.APPROVED APPOINTMENT OF R. KESAVAN, EXECUTIVE DIRECTOR-CORPORATE FINANCE AS CHIEF FINANCIAL OFFICER.  Full Article

Indian Oil Corp Chairman Says Recently Made Some Payments For Iran Oil In Rupees
Monday, 8 Oct 2018 

Oct 8 (Reuters) - :INDIAN OIL CORP CHAIRMAN SAYS PRICES OF FUEL CONTINUE TO BE DEREGULATED.INDIAN OIL CORP CHAIRMAN SAYS STATE FUEL RETAILERS REVENUES ARE IMPACTED BY 40-50 BILLION RUPEES DUE TO ABSORPTION OF 1 RUPEE/LITER.INDIAN OIL CORP CHAIRMAN SAYS HOPES TO SOON EVOLVE A PAYMENTS SYSTEM FOR IRAN OIL.INDIAN OIL CORP CHAIRMAN SAYS ONE OPTION TO PAY FOR IRAN OIL IS IN RUPEES.INDIAN OIL CORP CHAIRMAN SAYS RECENTLY MADE SOME PAYMENTS FOR IRAN OIL IN RUPEES.  Full Article

Hindustan Petroleum Launches Pilot Marketing Of Packaged Drinking Water
Friday, 28 Sep 2018 

Sept 28 (Reuters) - Hindustan Petroleum Corp Ltd ::CO LAUNCHED PILOT MARKETING OF PACKAGED DRINKING WATER PROCESSED THROUGH A PILOT PLANT SET UP AT CSIR-IICT, HYDERABAD.PRESENTLY, IT IS TEST MARKETING ON PILOT BASIS AND SCALING UP WILL BE DECIDED SUBSEQUENT TO OUTCOME OF TEST MARKETING.  Full Article

India's Hindustan Petroleum Corp June-Qtr Net Profit Rises About 86 Pct
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Hindustan Petroleum Corp Ltd ::JUNE QUARTER NET PROFIT 17.19 BILLION RUPEES VERSUS PROFIT OF 9.25 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER PROFIT WAS 14.35 BILLION RUPEES.JUNE QUARTER INCOME FROM OPERATIONS 729.23 BILLION RUPEES VERSUS 598.91 BILLION RUPEES LAST YEAR.JUNE QUARTER AVERAGE GROSS REFINING MARGIN AT $7.15 PER BARREL VERSUS $5.86 PER BARREL IN PREVIOUS QUARTER.  Full Article

India's HPCL Exec Says Not Planning To Import Iran Oil In August
Tuesday, 31 Jul 2018 

July 31 (Reuters) - Hindustan Petroleum Corp Ltd ::INDIA'S HPCL EXEC SAYS HAVE IMPORTED 400,000 TONES OF IRANIAN OIL SO FAR IN THIS FISCAL YEAR.INDIA'S HPCL EXEC SAYS NOT PLANNING TO IMPORT IRAN OIL IN AUGUST.  Full Article

TechnipFMC wins Hindustan Petroleum contract for India's largest hydrogen generation unit
Friday, 20 Jul 2018 

July 20 (Reuters) - TechnipFMC PLC ::* Awarded a substantial contract by the state-owned Hindustan Petroleum Corporation Ltd (HPCL) for a grassroot Hydrogen Generation Unit (HGU)..  Full Article

India's Hindustan Petroleum Corp March Qtr Profit Down About 4 Pct
Tuesday, 22 May 2018 

May 22 (Reuters) - Hindustan Petroleum Corp Ltd ::MARCH QUARTER NET PROFIT 17.48 BILLION RUPEES VERSUS PROFIT OF 18.19 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR MARCH QUARTER PROFIT WAS 17.59 BILLION RUPEES.MARCH QUARTER INCOME FROM OPERATIONS 663.51 BILLION RUPEES VERSUS 586.68 BILLION RUPEES LAST YEAR.SAYS AVERAGE GRM DURING YEAR ENDED MARCH 31, 2018 $7.40 PER BBL.RECOMMENDED FINAL DIVIDEND OF 2.50 RUPEES PER SHARE.  Full Article

Hindustan Petroleum Corp Ltd News

MEDIA-India's Hindustan Petroleum plans rapid vehicle-battery swap program- Bloomberg

-- Note: Reuters has not verified this story and does not vouch for its accuracy

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