187.65
4.48%
Prabhudas Lilladhar
We maintain our FY21/22 earnings estimates. During Q1FY21, core standalone EBIDTA adjusted for inventory gains was healthy at Rs37.2bn (+71%YoY) despite lower refining margins ($0.04/bbl vs $0.75/bbl in Q1FY20). Weak global demand and high inventory levels to likely keep crude oil prices...
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Hindustan Petroleum Corporation Ltd. is trading above it's 50 day SMA of 186.8
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