Tuesday, 14 February 2017

Hindustan Petroleum Corporation Limited falls over 4% post Q3

Shares of Hindustan Petroleum Corporation Limited (HPCL) tumbled over 4 per cent on the Bombay Stock Exchange even after the state-run company reported a 52.73 per cent growth in its net profit at Rs 1,590.31 crore for the quarter ended December 31, 2016, from Rs 1,041.25 crore in the year ago period.

Following the Q3 earnings, shares of company declined as much as 4.44 per cent to hit an intra-day low of Rs 552.50 apiece on the Bombay Stock Exchange. In a similar fashion, stocks of company fell 4.37 per cent to Rs 553.00 apiece on the National Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 28,342.61, down 9.01 points, or 0.03 per cent.

Customer’s profit is one of our main motive and we are here with a lots of risk free services so click here for more http://www.ripplesadvisory.com/free-trial.php

No comments:

Post a Comment