Hpcl Share Price Today

HPCL, a subsidiary of Oil and Natural Gas Corporation Ltd (ONGC), primarily refines crude oil and markets petroleum products. The firm also produces hydrocarbons and provides management services for E&P blocks. In 1974, the former international oil firms ESSO and Caltex merged their businesses to establish this firm.

In 1998, HPCL was listed on the National Stock Exchange (NSE). In 2018, ONGC purchased 51.11% of HPCL and formed a holding company. The Indian Government recognised it as a Maharatna company in 2019. You can track Hindustan Petroleum Corporation share price for more insights.

hindustan petroleum corporation ltd Business Segments

Refinery: HPCL has two refineries in Visakhapatnam and Mumbai. The Visakhapatnam refinery has a capacity of 8.3 million metric tonnes per year (MMTPA), whereas the Mumbai refinery has a capacity of 9.5 MMTPA. The company also runs India's largest lube refinery in Mumbai.
Retail: In the retail segment, the firm owns and operates pumps that sell gasoline, diesel, CNG, lubricants, and other products.
LPG: The firm sells LPG under the brand name 'HP Gas,' which belongs to HPCL.
Lubricants: HPCL also sells lubricants, which is a fast-growing market in India.
Direct Sales: The Industrial and Consumer (I&C) business line is responsible for institutional sales of fuels, bitumen, naphtha, solvents, petrochemicals, etc.
Aviation: The company provides aviation turbine fuel (ATF) to airline companies through its network of aviation service facilities (ASFs) that serve all major airports in India.
Natural Gas: The company sells natural gas. It works in the import, regasification, transportation, City Gas Distribution (CGD) networks, and marketing value chains.

Subsidiaries of HPCL

The following are the subsidiaries of HPCL.

Prize Petroleum Company Limited focuses on hydrocarbon exploration and production and provides E&P Block management services.
HPCL Biofuels Ltd. (HBL): It produces ethanol for use in gasoline.

Hpcl Corporate Actions

In 2016 and 2017, the business announced bonus shares in the ratios of 2:1 and 1:2. The record dates for the bonus issues were September 14, 2016, and July 11, 2017.

You can check out Hindustan Petroleum corporation limited share price with BlinkX.

Hindustan Petroleum Corporation Ltd

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