Hindustan Petroleum Corporation Ltd. Surges to All-Time High, Receives 'Buy' Call from MarketsMOJO

Feb 02 2024 11:10 AM IST
share
Share Via
Hindustan Petroleum Corporation Ltd. (HPCL) has seen a surge in its stock price, reaching an all-time high of Rs 485.5 on February 2nd. The company has outperformed the sector by 1.6% and is currently trading higher than its moving averages. With a 1-year performance of 113.76%, HPCL is a promising investment opportunity in the oil exploration and refineries industry.

Hindustan Petroleum Corporation Ltd. (HPCL) has been making headlines in the oil exploration and refineries industry with its recent surge in stock price. On February 2nd, the company's stock price reached an all-time high, touching Rs 485.5. This positive trend has caught the attention of investors and market experts, with MarketsMOJO giving a 'Buy' call for the stock.

The stock is currently trading close to its 52-week high, with only a 0.41% difference. It has also outperformed the sector by 1.6% in today's trading session. This is a significant achievement for the company, as it has been gaining for the last two days and has seen a 4.37% increase in returns during this period. The stock also touched an intraday high of Rs 485.1, showing a 4.15% increase.

In addition, Hindustan Petroleum Corporation Ltd. is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This indicates a strong upward trend for the stock and reflects the company's positive performance in the market.

When compared to the Sensex, HPCL has shown an impressive 1-year performance of 113.76%, while the Sensex has only seen a 20.85% increase. This further highlights the company's strong growth and potential for future success.

Overall, Hindustan Petroleum Corporation Ltd. is making strides in the oil exploration and refineries industry, with its stock price reaching an all-time high and receiving a 'Buy' call from MarketsMOJO. With its consistent gains and outperformance in the market, the company is proving to be a strong player in the industry and a promising investment opportunity for investors.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News