Stock Report

Dr. Pushp Kumar Joshi, the new C&MD of HPCL

Posted On : 2022-05-08 17:43:01( TIMEZONE : IST )

Dr. Pushp Kumar Joshi, the new C&MD of HPCL

Dr. Pushp Kumar Joshi has taken charge as Chairman & Managing Director of Hindustan Petroleum Corporation Ltd (HPCL), a Maharatna Company on May 8, 2022. Prior to this Dr Joshi was Director-HR of the Corporation from August 01, 2012. Dr. Joshi is also holding the Additional charge of Director - Marketing of HPCL.

During his career, he had held key portfolios in Human Resources functions viz. Executive Director - HRD and Head - HR of Marketing Division.

Dr. Pushp Kumar Joshi is a Doctorate in Human Resource Management, Post Graduate in Human Resource Management from XLRI, Jamshedpur and Bachelor of Law from Andhra University.

Dr. Joshi had been part of the Board of Directors of HPCL since 2012. During his tenure in the Board, HPCL became a Maharatna Company and achieved the landmark Profit After Tax of 10,000 crore in FY 2020-21. In addition Mumbai Refinery Expansion Project, Joint Venture Bathinda Refinery Project numerous infrastructure projects in Marketing which exponentially increased the Refining and Marketing capacities of HPCL have been executed over the years. HPCL is also in the process of executing the Visakh Refinery Upgradation Project, Green Field Refinery cum Petrochemical complex at Barmer, Rajasthan, Petrochemical Complex etc.

As Director - HR, Dr. Joshi has been responsible for overseeing the design and deployment of key Human Resource policies and strategies while leading Human Resources practices that are employee-oriented and aimed at building high performance culture.

Shares of Hindustan Petroleum Corporation Limited was last trading in BSE at Rs. 268.50 as compared to the previous close of Rs. 270.75. The total number of shares traded during the day was 101917 in over 3300 trades.

The stock hit an intraday high of Rs. 270.00 and intraday low of 264.60. The net turnover during the day was Rs. 27281628.00.

Source : Equity Bulls


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