HPCL Faces Continued Stock Decline Amid Broader Oil Sector Volatility

Hindustan Petroleum Corporation (HPCL) has experienced a notable decline in its stock performance today, with a decrease of -3.09% as of February 12, 2025. This downturn is part of a broader trend, as the stock has underperformed its sector by -0.75% and has seen a consecutive fall over the past five days, resulting in a total decline of -6.5% during this period.
The stock reached an intraday low of Rs 321, reflecting a drop of -2.77%. Additionally, HPCL is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a sustained downward trend. The oil exploration and refineries sector as a whole has also faced challenges, with a decline of -2.77%.

Despite these challenges, HPCL maintains a high dividend yield of 5% at its current price. Over the past month, the stock has fallen by -17.57%, contrasting sharply with the Sensex, which has only decreased by -2.47%. This performance highlights the ongoing volatility within the oil sector and HPCL's current market position.