- HPCL’s net income for the third quarter was 30.2 billion rupees, which missed analysts’ estimates of 31.89 billion rupees but showed a significant increase from 5.29 billion rupees a year ago.
- Revenue remained stable at 1.18 trillion rupees compared to the same period last year.
- Total costs decreased by 2.5% year-over-year, amounting to 1.15 trillion rupees.
- The average Gross Refining Margin from April to December dropped considerably to $4.73 per barrel, down from $9.84 in the previous year.
- HPCL reported a negative buffer of 75.99 billion rupees as of December 31, attributed to the sale of LPG at below market price.
- HPCL’s shares fell by 2.2%, closing at 362.10 rupees, with 5.14 million shares traded.
- The stock received 18 buy recommendations, 6 hold recommendations, and 10 sell recommendations.
A look at Hindustan Petroleum Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts have pegged Hindustan Petroleum Corporation Limited as a company with a promising long-term horizon, with high ratings in dividend payments and value. The company has been noted for its consistent payouts to shareholders, indicating stability and attractiveness for income-oriented investors. Although growth, resilience, and momentum scores do not stand as high compared to other factors, the favorable outlook on value and dividends provides a solid foundation for potential future performance.
Hindustan Petroleum, a major player in the refining and petroleum products industry in India, stands out for its robust dividend practices and perceived value. While growth and momentum may not be its strongest suits, the company’s resilience and focus on delivering consistent dividends make it an intriguing long-term investment option. With a diverse product range and strong presence in the Indian market, Hindustan Petroleum‘s strategic positioning under the majority ownership of the Government of India further adds a layer of stability to its outlook.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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