HPCL stock price: HPCL stock price drops 3.1% as Sensex slips

Shares of . fell 3.1% to Rs 234.65 at 1:34 p.m. (IST) on Wednesday. Earlier in the day, the stock saw a gap in early trading.

According to available BSE data, the total amount traded over the counter stood at 123,117 shares with a turnover of Rs 2.91 crore as of 1:34 p.m. (IST). The stock traded at a price-to-earnings (P/E) multiple of 4.58, while the price-to-book ratio stood at 0.92.

The return on equity (ROE) was 17.61%, according to data from the exchange. The stock hit an intraday high of Rs 244.0 and a low of Rs 234.4 during the session and quoted a 52-week high price of Rs 354.55 and a 52-week low of Rs 234, 4.

The stock’s beta, which measures its volatility relative to the broader market, was 1.6.

Technical indicators

The 200-DMA (daily moving average) of the stock stood at Rs 290.68 on May 25, while the 50-DMA was at Rs 274.15. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading below 50-DMA and 200-DMA, it is considered to be in a downtrend. If it is trading between 50-DMA and 200-DMA, it suggests that the stock can go either way.

The relative strength index (RSI) of stood at 29.56. The RSI fluctuates between zero and 100. Traditionally, a stock is considered overbought when the RSI value is above 70 and oversold when it is below 30.

Promoter holder

As of March 31, 2022, promoters held 54.9% of the company’s capital, while foreign investors held 19.9% ​​and domestic institutional investors 15.09%.


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