HINDPETRO Ltd.

313.00INR -0.95 ( -0.30%) VOLUME : 6699000
    Average Volume
  • 5-Day 5,522,999.80
  • 20-Day 8,635,499.95
  • 3-Months 6,281,216.65

MARKET CLOSED

Price Table

Date Open High GREEN: if High is higher than last 2 days high
RED: if high is lower than last 2 days high
Low GREEN:if Low is higher than last 2 days low
RED: if low is lower than last 2 days low
LTP Close GREEN:if Day's Closing is near the Day's High
RED: if low is lower than last 2 days low
Volume Delivery % 20 Day SMA GREEN: if Day's Closing is above 20-Day SMA
RED: if Day's Closing is below 20-Day SMA
50 Day SMA GREEN: if Day's Closing is above 50-Day SMA
RED: if Day's Closing is below 50-Day SMA
100 Day SMA GREEN: if Day's Closing is above 100-Day SMA
RED: if Day's Closing is below 100-Day SMA
200 Day SMA GREEN: if Day's Closing is above 200-Day SMA
RED: if Day's Closing is below 200-Day SMA
18-Oct-19 313.00 322.35 310.65 313.00 313.85 6,703,804 42% 302.71 272.88 283.30 268.56
17-Oct-19 314.95 315.00 306.55 313.05 313.95 4,882,673 33% 299.77 271.87 283.05 268.22
16-Oct-19 315.50 321.90 309.25 313.55 313.15 6,738,842 20% 296.37 270.91 282.76 267.90
15-Oct-19 312.45 315.15 309.65 311.30 311.05 3,823,070 33% 293.49 269.81 282.56 267.56
14-Oct-19 309.95 320.70 308.40 310.15 310.50 5,465,692 29% 291.50 268.97 282.20 267.18
11-Oct-19 310.30 313.95 302.10 308.60 308.45 5,158,308 29% 289.11 268.27 281.91 266.79
10-Oct-19 314.00 316.55 307.60 310.30 311.15 3,553,996 38% 286.98 267.43 281.50 266.39

Performance

Key Data

Day High Low Range

Time Lowest Highest
10 AM 310.65 317.80
11 AM 310.65 320.35
12 PM 310.65 320.35
1 PM 310.65 320.35
2 PM 310.65 321.50

Company Profile - HINDPETRO Ltd.

 

HINDPETRO

Hindustan Petroleum Corporation (or HPCL) is a Fortune 500 company, along with an annual turnover of about INR 1,16,428 crore and sales/ income from operations of INR 1,31,802 crore during Financial Year 2008-09, and 20% market share in India and robust market infrastructure. It is also a Mega Public Sector Undertaking (or PSU) with Navaratna status. It operates the two major refineries producing a spectrum of petroleum fuels and specialties, in which one in Mumbai (west coast) of about 6.5 million metric tonnes per annum (MMTPA) capacity and the other is located in Vishakapatnam, (in the east coast) with a capacity of approximately 7.5 MMTPA. It also holds an equity stake of approximately 16.95% in Mangalore Refinery & Petrochemicals, which is a state-of-the-art refinery located at Mangalore with a capacity of 9 MMTPA. Besides, it is also constructing a refinery at Bhatinda, which is a state of Punjab, and as a joint venture (JV), al ... ong with Mittal Energy Investments. It has also earned 'Excellent' performance for 15 years up to 2005-06, since the signing of the first MOU with the Ministry of Petroleum and Natural Gas. It also won the prestigious MOU Award in 2007-08 for Excellent Overall Performance, and also for being in one of the top ten Public Sector Companies that fall under the 'Excellent' section. Its performance for the year 2008-09 also qualified for an 'Excellent' rating. It has also moved from strength to strength on all the fronts. Also, its refining output has increased threefold among 1984-85 to 2007-08, and rising from 4.47 MMTPA in 1984-85 to 13.70 MMTPA presently. Its huge marketing network consists of about 13 zonal offices in several major cities and about 90 regional offices being facilitated by a supply and distribution infrastructure that comprises of aviation service stations, LPG bottling plants, terminals, and inland relay depots & retail outlets, lube and LPG distributorships. Also, the refining capacity increased from 5.5 MMTPA in 1984-85 to 13 MMTPA presently. Also, the turnover grew from INR 2687 crore in 1984-85 to an impressive INR 1, 16,428 crores in Financial Year 2008-09. It has also successfully integrated information technology into its activities at several levels. Also, the enterprise resource planning (or ERP) system is now operational on JDEdwards, which is an Oracle product, across the corporation.

Some of the Milestones:

  • 1952: It was incorporated in the name of Standard Vacuum Refining Company of India Limited on July 5, 1952.
  • 1962: On 31st March, the company name was changed to the ESSO Standard Refining Company of India Limited.
  • 1974: The Company came into being after the takeover and merger of recent Esso and Lube India Undertaking.
  • 1976: In 1978, Caltex Oil Refining Ltd was also taken over by the Government of India, and soon it merged with HPCL.
  • 1979: Kosan Gas Company, which is the concessionaries of HPCL in the domestic LPG market, was taken over and merged with HPCL.

Business areas of the company:

Aviation Bulk Fuels, And Specialties, Refineries, International Trade, LPG (the HP Gas), Lubes (the HP Lubes), Retail (Petrol Pumps, and more), Exploration & Production, and Alternate Energy.

Some of the Achievements:

  • 2009:
  • It won CIO 100 Award for the fourth Time in a Row.
  • Also, it has been awarded the CIO 100 Award for the fourth consecutive year.
  • It has also been conferred with the Indira Gandhi Rajbhasha Puraskar [third prize] by the Govt. of India, Ministry of Home Affairs - Rajbhasha Vibhag in 2007-08 under PSU category for the excellent performance in B Region.
  • SAIL HR Excellence Award: It bagged the SAIL HR Excellence Award under the Large Scale Organization sector (workforce strength more than 5000).
  • Reader Digest Trusted Brand Gold Award: It bagged the Reader Digest Trusted Brand Gold Award 2009 in the Petrol Station Sector. And, the coveted Trusted Brand Awards from the reputed publication, Reader. Also, it is based on extensive market research carried out by Nielsen Research.
  • 2008:
  • Golden Peacock Corporate Governance Award
  • World Council confers the award for Corporate Governance (WCFCG), UK and Institute of Directors, India. Also, this particular annual award is being conferred to companies that demonstrate benchmark standards & also excellence in several corporate governances.
  • CIO 100 award: It has been awarded the CIO 100 Award for the third consecutive year.

Some of the Joint Ventures:

  • HPCL-Mittal Energy (or HMEL):
Both HPCL and Mittal Energy Investments have about 49% stake, with the balance 2% with financial institutions.
  • Hindustan Colas (or HINCOL):
It is a joint venture that is promoted with Colas SA, France, and was also incorporated as on July 17, 1995. It manufactures International quality value-added bituminous products such as cutbacks and bitumen emulsions and modified bitumen. Currently, it operates about seven manufacturing plants across India.
  • Prize Petroleum Company:
It is in partnership with ICICI and HDFC and formed this particular joint venture E&P Company for participating in both the exploration and production of hydrocarbons. Also, it was being incorporated on October 28, 1998, and provided the consultancy services associated with E&P. It has also signed a service contract with ONGC for the development of marginal fields in the Cambay basin, along with 50% holding in the consortium.
  • South Asia LPG Co (or SALPG):
It is a JV with both the Total Gas and Power India (which is a wholly-owned subsidiary of Total of France), along with the company's equity participation of about 50%. It was being incorporated on November 16, 1999.
  • Bhagyanagar Gas (or BGL):
It is a JV with GAIL for the distribution and marketing of environmentally friendly fuels (or green fuels) viz. CNG and auto LPG for the use in the domestic, transportation, commercial and industrial sectors, in Andhra Pradesh. It was also incorporated on August 22, 2003. Both HPCL and GAIL, hold up to 22.5% of the equity whereas 5% is being held by the government of Andhra Pradesh and the other 50% by the strategic/financial investors.
  • Aavantika Gas:
It was incorporated on June 7, 2006, and is a joint venture company with GAIL for the distribution and marketing of environmentally friendly fuels (or green fuels) viz. CNG and auto LPG for the use in the domestic, transportation, commercial and industrial sectors, in Madhya Pradesh.
  • Petronet India (or PIL):
This JV was formed in May 1997, along with 50% equity by Oil PSUs, and HPCL holds about 16% equity and a balance of 50% being taken by private companies/financial institutions. Also, PIL, along with the other oil companies, executed individual pipeline projects such as Petronet MHB, via Special Purpose Vehicles (or SPVs).
  • Petronet MHB (or PMHBL):
Both HPCL and PIL have 26% of equity participation. Also, ONGC has 23% equity and is a strategic partner. It also acquired Integrated Management System Certification covering Quality Management System ISO-9001, and Environmental Management system ISO-14001 and the OHSAS- 18001 in any of the PSU pipeline or PIL pipelines.
  • Mangalore Refineries and Petrochemicals (or MRPL):
It was commissioned in March 1996, along with a refining capacity of about 3 MMTPA capacity that was enhanced to 9 MMTPA in 1999-2000. Both HPCL and MRPL kept exchanging intermediate process streams among their refineries for increasing efforts to meet new environmental norms concerning products such as MS and HSD on mutually agreed terms.
  • CREDA-HPCL Biofuel (or CHBL):
It is a subsidiary company of Hindustan Petroleum Corporation Limited with Chhattisgarh State Renewable Energy Development Agency (or CREDA) for the plantation of jatropha in Chhattisgarh. It holds about 74%, and CREDA holds up to 26% shareholding in CHBL.
  • Sushrut Hospital and Research Centre:
It is a major constituent of the Chembur Hospital Project Trust (or CHPT) and a public charitable trust that manages the hospital. It is a 90 bedded, tertiary referral acute care private hospital that handles burns and several trauma care with state-of-the-art facilities.