Hindustan Petroleum Corporation Limited (HPCL) Edges Lower After Earnings Slips 36% To Rs 1,795 Crore In June Quarter

INSUBCONTINENT EXCLUSIVE:
edged lower by more than two per cent on Thursday, August 5, a day after the company announced its April-June quarter results for the
financial year 2021-22
On Thursday, HPCL opened on the BSE at Rs 269, inching to an intra day high of Rs 270.75 and an intra day low of Rs 262.45, in the trading
session so far
Hindustan Petroleum reported a net profit of Rs 1,795 crore on a consolidated basis in the first quarter of the current fiscal, compared to
processing after one of its two oil refineries took a maintenance shutdown
The company's Mumbai refinery was shut for a period of 45 days in the June quarter for completing the expansion of the capacity and unit
high of Rs 271 and an intra day low of Rs 262.50, in the session so far
It was last trading 2.52 per cent lower at Rs 265.40 on the NSE.Shares of HPCL were last trading 2.43 per cent lower at Rs 265.15 on the
BSE.