Mumbai: Even as boarder markets march ahead with Sensex tastes 27000 levels and reaches 2 month highs, HPCL makes efforts to grab the headline with its stock performance.
The stock currently trading at Rs 488, is up by more than 1.5% on bourses also touching its 52-week high. The stock delivered 66.56% in a period of 1 year. Over a 3-year period, it delivered 86.66% annualised returns and 42.34% over a period of 5-year period (annualised).
HPCL was recently in news after the company awarded a contract worth Rs 2500 crore to Engineers India for modernisation of Vizag refinery.
HPCL has outperformed BSE Sensex and BSE Oil & Gas index over 1 year period. The stock performed substantially as BSE Oil & Gas gained only 30.77% in a period of 1 year.