HPCL forays into Petrochemicals Business

Hindustan Petroleum Corporation Ltd., a Maharatna Oil Company, has forayed into Petrochemical Business with pre-marketing of "HP DURAPOL" brand polymers. This is a pre-cursor to marketing of HPCL Rajasthan Refinery Limited (HRRL) petrochemical products. HRRL is setting up a new 9 MMTPA capacity grass root Refinery-cum Petrochemical Complex at Pachpadra in District Barmer, Rajasthan.

HPCL commenced the sale of polymers to an end customer on 3rd January, 2023 at Mumbai, Maharashtra.

Shares of Hindustan Petroleum Corporation Limited was last trading in BSE at Rs. 241.00 as compared to the previous close of Rs. 237.60. The total number of shares traded during the day was 150294 in over 2915 trades.

The stock hit an intraday high of Rs. 244.00 and intraday low of 237.30. The net turnover during the day was Rs. 36164244.00.

Source : Equity Bulls

Keywords

HindustanPetroleumCorporation INE094A01015 HPCL PetrochemicalsBusiness HPDURAPOL Polymers