Home Investment / Trading Technical Indicator HPCL Share Price: HPCL shares rise 1.3 per cent in Monday’s trading session

HPCL Share Price: HPCL shares rise 1.3 per cent in Monday’s trading session

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HPCL Share Price: HPCL shares rise 1.3 per cent in Monday’s trading session
Shares of Hindustan Petroleum Company Ltd. rose 1.3 per cent to Rs 295.8 in Monday’s commerce as of 11:41AM (IST) even because the benchmark Nifty dominated at 17523.55, up 169.5 factors.

The scrip had closed at Rs 292.0 within the earlier session. The inventory quoted a 52-week low of Rs 212.5 and a excessive of Rs 354.55. The corporate quoted a market-cap of Rs 41421.61 crore on the BSE.

On BSE, 18,410 shares have modified palms on the counter thus far. At its prevailing worth, the inventory traded at 4.43 occasions its trailing 12-month EPS of Rs 65.96 per share and 0.89 occasions its e-book worth. The return on fairness (ROE) stood at Rs 28.0.



Key Financials

For the quarter ended 30-Sep-2021, Hindustan Petroleum Company Ltd. reported consolidated gross sales of Rs 88085.42 crore, up 67.43 per cent from the identical quarter a 12 months in the past. The corporate reported 35.52 per cent YoY de-growth in web revenue at Rs 1918.89 crore for the most recent quarter.

Technical indicators

The relative power index (RSI) of the inventory stood at Monday. The RSI oscillates between zero and 100. Historically, it’s thought-about overbought situation when the RSI worth is above 70 and oversold when it’s beneath 30.

Analysts say the RSI indicator shouldn’t be seen in isolation, because it will not be enough to take a buying and selling name, simply the best way a elementary analyst can not give a “purchase” or “promote” suggestion utilizing a single valuation ratio.

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