Thursday , 23 March 2023
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Hindustan Petroleum Corporation rises on launching poWer95

Hindustan Petroleum Corporation is currently trading at Rs. 215.95, up by 0.80 points or 0.37% from its previous closing of Rs. 215.15 on the BSE.

The scrip opened at Rs. 215.25 and has touched a high and low of Rs. 217.15 and Rs. 214.50 respectively. So far 111061 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 306.55 on 11-Apr-2022 and a 52 week low of Rs. 200.00 on 20-Oct-2022.

Last one week high and low of the scrip stood at Rs. 225.50 and Rs. 211.70 respectively. The current market cap of the company is Rs. 30612.27 crore.

The promoters holding in the company stood at 54.90%, while Institutions and Non-Institutions held 35.27% and 9.82% respectively.

Hindustan Petroleum Corporation (HPCL) has launched poWer95, the premium petrol for cars and bikes, in the National Capital. poWer95 is a superior petrol for better mileage, faster acceleration, smooth drive and lower emissions. poWer95 was also launched simultaneously at Regional Office towns of Shimla, Jammu, Bathinda, Jalandhar, Chandigarh, Panipat, Hissar and Gurugram , covering the entire North Zone.

Regular petrol is rated at 91 Octane. The higher octane lowers the knocking tendency of the fuel which in turn increases thermal efficiency & gives superior and clean combustion of the fuel. poWer95 is a premium, higher-octane fuel for cars and bikes, developed in-house by HPCL’s state-of-art R&D Centre, Bengaluru.

Hindustan Petroleum Corporation operates two major refineries producing a wide variety of petroleum fuels and Specialties. The Company also owns and operates the largest lube refinery in the country producing lube base oils of international standards.