Hindustan Petroleum Corporation Limited is an Indian company. It is popularly known as HPCL. It was founded way back in the year 1974. It has been termed as Navratna Public Sector Undertaking under the Government of India. The company has earned the recognition of becoming a Fortune 500 company. Both BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) has listed the business entity in the trading arena. More than 11,000 employees are working for the HPCL as of now. As per the official financial reports for the fiscal year ending on July, 2009 the total revenue has been listed as $ 28.247 million.
The products coming out of the closet of Hindustan Petroleum Corporation Limited are:
1.Petrol
2.LPG
3.Lubricants
4.Aviation turbine fuel.
5.Diesel
The two primary refineries of the HPCL are Mumbai Refinery and Visakhapatnam Refinery. They have refining capacities of 5.5 Million Metric Tonnes (MMT) & 7.5 MMT respectively.
Hindustan Petroleum Corporation Limited was ranked 1002 in the Forbes Global 2000 list for 2009. Moreover it was ranked 311 in the Fortune Global 500 company list for the year 2009.
HPCL has a vast network of 90 regional offices and 13 zonal offices spread all over India. It has facilities like Retail Outlets (Petrol Pumps), LPG Bottling Plants, Aviation Service Facilities, Lube filling plants, LPG & Lube Distributorships, Supply & Distribution infrastructure comprising Terminals & Inland Relay Depots.
If you are planning to trade in the stocks of Hindustan Petroleum Corporation Limited then you can get stock market calls India, market analysis and financial reports to help you in your planning. You can opt for both short term and long term investments as the company is accumulating wealth and asset at a steady rate. Moreover, if you have any kind of suggestions about the trading arena or prospects of this company then you can submit your expertise here.
Buy HPCL with target of Rs 470 and stop loss of Rs 437, says Sudarshan Sukhani, technical analyst, on CNBC TV18. The stock is currently trading at Rs 443.15, down 1.2% on the BSE.
Buy HPCL with target of Rs 499 and stop loss of Rs 474, says Salil Sharma, technical analyst, on CNBC TV18. The stock is currently trading at Rs 486.80, up 2.2% on the BSE.
Buy HPCL on dips with target of Rs 490 and stop loss of Rs 460, says Ashwani Gujral, technical analyst, on CNBC TV18. The stock is currently trading at Rs 479, up 1.9% on the BSE.