Time period given by analyst is Intra Day when Hindustan Petroleum Corporation Ltd. price can reach defined target.
Hindustan Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 41251.39 Crore) operating in Gas & Petroleum sector.
Hindustan Petroleum Corporation Ltd. key Products/Revenue Segments include Refinery, Rent and Other Operating Revenue for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 97146.50 Crore, up 10.29 % from last quarter Total Income of Rs 88085.42 Crore and up 39.64 % from last year same quarter Total Income of Rs 69571.51 Crore. Company reported net profit after tax of Rs 774.76 Crore in latest quarter.
Investment Rationale
The stock has given a descending triangle breakout.
Promoter/FII Holdings
Promoters held 54.9 per cent stake in the company as of 31-Dec-2021, while FIIs owned 20.19 per cent, DIIs 15.12 per cent.
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