Buy Hindustan Petroleum Corporation, target price Rs 510: Anand Rathi

Hindustan Petroleum Corporation Ltd. key Products/Revenue Segments include Refinery, Rent and Other Operating Revenue for the year ending 31-Mar-2023.

Buy Hindustan Petroleum Corporation, target price Rs 510: Anand Rathi
Anand Rathi has buy call on Hindustan Petroleum Corporation Ltd. with a target price of Rs 510. The current market price of Hindustan Petroleum Corporation Ltd . is Rs 483.75. Hindustan Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 69147.

14 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-2023.

Financials For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 119013.

33 Crore, up 23.85 % from last quarter Total Income of Rs 96093.

37 Crore and up 8.23 % from last year same quarter Total Income of Rs 109962.

38 Crore.

Company reported net profit after tax of Rs 450.90 Crore in latest quarter.

Promoter/FII Holdings Promoters held 54.9 per cent stake in the company as of 31-Dec-2023, while FIIs owned 14.26 per cent, DIIs 21.27 per cent.

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