Hindustan Petroleum Corporation Ltd. shares gain 2.56% as Sensex rises

A total of 195,823 shares changed hands on the counter till 10:10AM (IST)

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Sensex and Nifty shed more than 9 per cent last week, and the indices entered bear market territory, and the bottom is not yet in sight.
Shares of Hindustan Petroleum Corporation Ltd. traded 2.56 per cent up at Rs 218.5 at 10:10AM (IST) on Thursday, even as BSE benchmark Sensex gained 191.72 points to 37855.05. The scrip had closed at Rs 213.05 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 329.25 and Rs 155.0, respectively.

As per BSE data, total traded volume on the counter till 10:10AM (IST) stood at 10:10AM shares with turnover at Rs 4.25 crore.


At the prevailing price, shares of the company trades at 12.6 times its trailing 12-month earnings per share of Rs 17.32 per share and 1.07 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.6.
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Shareholding Details
Promoters held 51.11 per cent stake in the company as of 30-Jun-2020, while FIIs owned 16.07 per cent and DIIs 16.38 per cent.
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