Wednesday, January 29, 2020

HPCL jumps on raising Rs 600 crore via debentures

Hindustan Petroleum Corporation is currently trading at Rs. 244.70, up by 2.45 points or 1.01% from its previous closing of Rs. 242.25 on the BSE.

The scrip opened at Rs. 243.00 and has touched a high and low of Rs. 246.15 and Rs. 241.50 respectively. So far 106406 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 333.45 on 03-Jun-2019 and a 52 week low of Rs. 211.35 on 18-Feb-2019.


Last one week high and low of the scrip stood at Rs. 251.00 and Rs. 240.00 respectively. The current market cap of the company is Rs. 37249.84 crore.

The promoters holding in the company stood at 51.11%, while Institutions and Non-Institutions held 39.96% and 8.93% respectively.

Hindustan Petroleum Corporation (HPCL) has issued Un-secured, Redeemable, Non-Convertible, Non-Cumulative, taxable, Debenture of Rs 10,00,000 each aggregating to Rs 600 crore on private placement basis on January 28, 2020 for General Corporate Purpose of the company. The date of maturity is April 12, 2023.

HPCL is an Indian state-owned oil and natural gas company with its headquarters at Mumbai, Maharashtra. It has about 25% marketing share in India among PSUs and a strong marketing infrastructure.

Watch our Stock Market Target Calls Quality, Track sheet – Click Here or Subscribe us for Stock Market Trading >>>> Stock Cash Tips




No comments:

Post a Comment

Yes Bank at Rs 11 or Rs 30? Here's the stock outlook after 50% rally in two months

  Market experts expect that both investors to bring in vast experience and expertise in the financial domain to handhold Yes Bank for its n...