# Chennai Petroleum Corporation (CHENNPETRO) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/chennpetro

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,442.7
- Change: +1.71%
- As of: 2026-11-06
- 1D return: +1.71%
- 5D return: -4.55%
- 1M return: -5.77%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

CHENNPETRO (₹1,442.70) presents a mixed technical picture as of November 6, 2026, characterized by strong long-term momentum but weak short-term conviction. On the monthly and weekly horizons, the trend is bullish with high strength (ADX >58), supported by price action above all major moving averages and the Supertrend. Conversely, the daily timeframe shows a divergence: while the price remains above the 200-day SMA and the Supertrend, it has fallen below the 20-day and 50-day EMAs and SMAs, accompanied by weak trend strength (ADX 17.9). This suggests a consolidation or pullback within a broader uptrend.

Price positioning is in the upper-middle of its 252-day range (+74.3%) but lower-middle of its 20-day range (+29.8%). Recent activity includes two downward gaps in late October and conflicting reversal patterns in early November (Bullish Engulfing on Nov 4 followed by Bearish Engulfing on Nov 5), indicating indecision. Immediate resistance lies at ₹1,449.00 (0.44% above), with further hurdles at ₹1,474.50 and ₹1,496.00. Support levels are located at ₹1,377.30 (-4.53%), ₹1,354.20 (-6.13%), and ₹1,325.10 (-8.15%). The stock carries high annualized volatility (+50.3%) and an ATR of 5.92%, implying significant daily price swings. Current drawdown is -11.3% from recent highs.

The setup is confirmed if price reclaims the 20-day EMA and breaks above ₹1,449.00 with sustained volume. It is invalidated if price closes below the immediate support at ₹1,377.30, potentially triggering a deeper correction toward ₹1,325.10.

- Trend Divergence: Monthly/Weekly trends are strongly bullish (ADX 58, price above all MAs), while Daily trend is weak (ADX 17.9) with price below short-term EMAs and SMAs.
- Key Levels: Immediate resistance at ₹1,449.00; next pivots at ₹1,474.50 and ₹1,496.00. Critical support zones at ₹1,377.30, ₹1,354.20, and ₹1,325.10.
- Recent Volatility: Two downward gaps in late October and alternating Bullish/Bearish Engulfing patterns in early November signal near-term indecision.
- Risk Profile: High annualized volatility (+50.3%) and current drawdown of -11.3% require careful position sizing; ATR of 5.92% indicates wide daily ranges.

- Bearish Engulfing Reversal
- Bullish Engulfing Reversal
- Outside Bar
- Harami

### News Context

Chennai Petroleum Corporation Limited (NSE: CHENNPETRO) reported a leadership transition and a significant shareholder payout in late October 2026. Mr. P. Kannan ceased to be Executive Director and Whole Time Director effective October 31, 2026, due to superannuation. Concurrently, Mr. S. G. Venkatesh, the existing Director (Technical), took additional charge as Director (Operations) starting November 1, 2026. The company also declared an interim dividend of ₹25 per share with a record date of October 30, 2026, against a face value of ₹10.

Market data as of November 6, 2026, shows the stock trading at ₹1,442.70, reflecting a year-to-date return of +70.4% and a one-year return of +47.8%. Technical indicators across daily, weekly, and monthly timeframes are bullish, with the Supertrend direction positive on all three. However, the stock is currently near immediate resistance levels, with the nearest high resistance at ₹1,449.00 (0.44% above). The stock exhibits high volatility, with an annualized volatility of +50.3% and a current drawdown of -11.3% from its peak.

- Management Change: Mr. P. Kannan retired as Executive Director/WTD on Oct 31, 2026; Mr. S. G. Venkatesh assumed additional charge as Director (Operations) on Nov 1, 2026.
- Dividend Declaration: Interim dividend of ₹25 per share declared with a record date of Oct 30, 2026.
- Price Action: Stock closed at ₹1,442.70 on Nov 6, 2026, up +1.7% for the day, with YTD returns of +70.4%.
- Technical Outlook: Bullish trend signals observed across daily, weekly, and monthly charts; immediate resistance noted at ₹1,449.00.

- CHENNAI PETROLEUM CORPORATION LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA
- Chennai Petroleum Corporation Limited has informed the Exchange regarding Cessation of Mr P Kannan as Executive Director of the company w.e.f. October 31, 2026. |SUBJECT: Cessation
- SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-

### What Changed

Chennai Petroleum (CHENNPETRO) has experienced a notable decline in its share price as of the latest observation on 6 November 2026. The stock closed at ₹1,442.70, down from ₹1,566.90 in the prior snapshot. This represents a material reduction in valuation over the short term. No new corporate filings or news developments have been reported alongside this price movement. The absence of specific catalysts in the current data set means the drivers behind this correction remain unexplained within the provided context.

- Share price declined to ₹1,442.70 on 6 November 2026, compared to ₹1,566.90 previously.
- No new corporate filings or news events were reported during this period.
- The gap between the previous and current price levels suggests a shift in market sentiment or valuation.

### Official Filings

Chennai Petroleum Corporation Limited (CHENNPETRO) has announced an interim dividend of Rs 25 per share, with a record date of October 30, 2026. This distribution is made on shares with a face value of Rs 10. Concurrently, the company reported a leadership transition effective October 31, 2026: Mr. P. Kannan ceased to be Executive Director and Whole Time Director due to superannuation. Mr. S. G. Venkatesh, previously Director (Technical), assumed additional charge as Director (Operations) starting November 1, 2026.

For retail investors, the interim dividend provides immediate cash flow consideration for shareholders holding the stock on or before the record date. The leadership change represents a standard succession event following retirement, with internal continuity maintained by promoting an existing director rather than appointing an external candidate. These disclosures highlight capital return and governance stability without indicating immediate strategic shifts.

- Interim Dividend: Rs 25 per share declared; Record Date is October 30, 2026.
- Leadership Transition: Mr. P. Kannan retired as Executive Director/WTD effective October 31, 2026.
- Succession: Mr. S. G. Venkatesh took additional charge as Director (Operations) effective November 1, 2026.

- [CHENNAI PETROLEUM CORPORATION LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1923_WebXMLFile_20261031_214818099.xml)
- [Chennai Petroleum Corporation Limited has informed the Exchange regarding Cessation of Mr P Kannan as Executive Director of the company w.e.f. October 31, 2026. |SUBJECT: Cessation](https://nsearchives.nseindia.com/corporate/CHENNPETRO_31102026215435_Reg_30_-_Cessation.pdf)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### Fundamentals

Chennai Petroleum (CHENNPETRO) has demonstrated a robust earnings recovery and improved balance-sheet health through the first half of FY2026-27. Quarterly revenue declined sequentially from ₹29,376 crore in Q1 to ₹22,074 crore in Q2, yet profitability surged, with Net Profit rising from ₹1,031 crore to ₹2,247 crore. This divergence indicates significant margin expansion or cost efficiency, as total expenses fell sharply by approximately ₹8,933 crore over the same period.

The underlying trend is supported by strong annual performance: Sales grew 31% on a TTM basis, while Compounded Profit Growth for the same period skyrocketed by 387%. Earnings quality remains high, evidenced by Cash from Operating Activity reaching ₹2,945 crore in Mar 2026, up from ₹1,352 crore in Mar 2025. The company also reduced its borrowings from ₹3,117 crore (Mar 2025) to ₹1,964 crore (Mar 2026), although they ticked up slightly to ₹2,202 crore by Sep 2026. Capital expenditure is accelerating, with CWIP increasing to ₹602 crore by Sep 2026, signaling ongoing capacity or asset expansion. Shareholding patterns show stable promoter holding at 67.29%, with FII participation recovering to 15.79% in Sep 2026.

Key risks to monitor include rising inventory levels (₹8,110 crore as of Sep 2026) and an extended Cash Conversion Cycle (29 days in Mar 2026 vs 23 days in Mar 2025). Finance costs also rose sequentially in H1 FY2026-27, warranting attention to leverage management amidst growth.

- Profitability Surge: Despite a sequential revenue drop in Q2 FY2026-27, Net Profit nearly doubled to ₹2,247 crore, driven by a sharp reduction in expenses.
- Strong Annual Growth: TTM metrics show Sales growth of 31% and an exceptional 387% increase in Compounded Profit Growth, alongside a ROE of 32% last year.
- Balance Sheet Health: Borrowings decreased significantly from Mar 2025 to Mar 2026, though CWIP rose to ₹602 crore by Sep 2026, indicating active capital investment.
- Working Capital Watch: Inventory days increased to 53 days (Mar 2026) and the Cash Conversion Cycle widened to 29 days; finance costs rose sequentially in Q2 FY2026-27.

### Bull Case

Chennai Petroleum exhibits a strong multi-timeframe technical structure as of November 6, 2026, providing a conditional upside case despite recent short-term volatility. The stock has delivered substantial long-term gains, with a year-to-date return of +70.4% and a one-year return of +47.8%. Technical indicators align across weekly and monthly horizons: the monthly ADX stands at 61.02 with Plus DI (34.02) significantly exceeding Minus DI (5.63), while the weekly trend shows a bullish Supertrend direction and an EMA-20 slope of 74.87. This suggests underlying momentum remains intact even as the daily trend shows mixed signals (ADX 17.9). The stock is currently trading near resistance at ₹1,449.0, just 0.44% above the closing price of ₹1,442.7. A constructive interpretation relies on the ability to sustain levels above this immediate resistance and maintain the broader bullish structure seen in higher timeframes.

- Multi-timeframe momentum strength: Monthly ADX of 61.02 and Weekly EMA-20 slope of 74.87 indicate robust underlying trend integrity compared to weaker daily signals.
- Significant long-term outperformance: Year-to-date return of +70.4% and one-year return of +47.8% demonstrate sustained investor interest and price appreciation.
- Immediate technical threshold: Current price of ₹1,442.7 is within 0.44% of the nearest resistance level at ₹1,449.0; holding above this level is critical for maintaining the bullish posture.
- Volatility context: Annualized volatility of +50.3% and current drawdown of -11.3% highlight significant price swings, requiring monitoring of support levels at ₹1,377.3.

- [CHENNAI PETROLEUM CORPORATION LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1923_WebXMLFile_20261031_214818099.xml)
- [Chennai Petroleum Corporation Limited has informed the Exchange regarding Cessation of Mr P Kannan as Executive Director of the company w.e.f. October 31, 2026. |SUBJECT: Cessation](https://nsearchives.nseindia.com/corporate/CHENNPETRO_31102026215435_Reg_30_-_Cessation.pdf)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### Bear Case

Chennai Petroleum (CHENNPETRO) presents a high-volatility technical setup as of November 6, 2026, characterized by significant short-term weakness despite strong longer-term gains. The stock is currently in an 11.3% drawdown from its peak, with a maximum historical drawdown reaching -28.8%, indicating substantial downside risk for recent entrants. Daily momentum indicators show divergence: while the Supertrend remains bullish, the daily ADX is low at 17.9, and the Minus DI (20.45) has crossed above the Plus DI (18.14), signaling weakening buying pressure. Price action is constrained by immediate resistance just 0.44% higher at ₹1,449, with further overhead supply at ₹1,474.50 (2.20% away). Conversely, support levels are wider, starting at ₹1,377.30 (4.53% below). The annualized volatility of +50.3% and Average True Range of 5.92% suggest that price swings are large and potentially erratic. While year-to-date returns are positive at +70.4%, the 10-day return of -2.2% and 20-day return of -5.8% highlight near-term fragility.

- Current price is in an 11.3% drawdown from highs, with a maximum historical drawdown of -28.8%, reflecting elevated downside risk.
- Daily momentum is weakening: Minus DI (20.45) exceeds Plus DI (18.14), and ADX is low at 17.9, suggesting lack of strong directional conviction.
- Immediate resistance is tight at ₹1,449 (0.44% above), limiting upside potential if buying pressure does not accelerate.
- High volatility persists with annualized volatility at +50.3% and ATR at 5.92%, requiring wide tolerance for price fluctuations.

- [CHENNAI PETROLEUM CORPORATION LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1923_WebXMLFile_20261031_214818099.xml)
- [Chennai Petroleum Corporation Limited has informed the Exchange regarding Cessation of Mr P Kannan as Executive Director of the company w.e.f. October 31, 2026. |SUBJECT: Cessation](https://nsearchives.nseindia.com/corporate/CHENNPETRO_31102026215435_Reg_30_-_Cessation.pdf)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)

### FAQs

**What corporate actions has Chennai Petroleum announced recently?**

The company declared an interim dividend of ₹25 per share with a record date of 30 October 2026. Additionally, Mr. P. Kannan ceased as Executive Director and Whole Time Director on 31 October 2026 due to superannuation, while Mr. S. G. Venkatesh took additional charge as Director (Operations) effective 1 November 2026.

**How has the stock performed over the past year and since the start of trading?**

As of 6 November 2026, the stock has returned +47.8% over the last one year and +128.3% since the start of its trading period. Year-to-date returns stand at +70.4%, though it has seen short-term volatility with a -5.8% return over the past 20 days.

**What are the current technical support and resistance levels for CHENNPETRO?**

On 6 November 2026, the stock closed at ₹1,442.70. Immediate resistance is noted at ₹1,449.00 (high), followed by pivot resistance at ₹1,474.50. Key support levels lie at ₹1,377.30 (low) and ₹1,354.20 (low). The monthly trend remains bullish with strong momentum indicators.

- [CHENNAI PETROLEUM CORPORATION LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA |SUBJECT: Change in Directors/KMP/SMP/Auditor/RTA](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1923_WebXMLFile_20261031_214818099.xml)
- [Chennai Petroleum Corporation Limited has informed the Exchange regarding Cessation of Mr P Kannan as Executive Director of the company w.e.f. October 31, 2026. |SUBJECT: Cessation](https://nsearchives.nseindia.com/corporate/CHENNPETRO_31102026215435_Reg_30_-_Cessation.pdf)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- [SERIES:EQ |PURPOSE:INTERIM DIVIDEND - RS 25 PER SHARE |FACE VALUE:10 |RECORD DATE:30-Oct-2026 |BOOK CLOSURE START DATE:- |BOOK CLOSURE END DATE:-](https://www.nseindia.com/companies-listing/corporate-filings-actions)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Downtrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,474.5
- Risk regime: Higher Price Risk

### Support levels
- 1377.3
- 1325.1
- 1080

### Resistance levels
- 1449
- 1496
- 1577.5

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.71% |
| return_10 | -2.23% |
| return_1m | +2.63% |
| return_1y | +47.84% |
| return_20 | -5.77% |
| return_3m | +11.64% |
| return_5 | -4.55% |
| return_6m | +34.52% |
| return_since_start | +128.29% |
| return_ytd | +70.42% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -28.80% |
| annualized_volatility | +50.28% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Chennai Petroleum Corporation Limited FY2026-27 Q2: Profit reaches ₹2,247 crore

Consolidated profit for the quarter ended 30 September 2026 rose 118% sequentially to ₹2,247 crore, even as revenue from operations fell 24.9% to ₹22,055 crore. Total expenses contracted faster, down 31.9% from Q1 FY2026-27; revenue and profit were also higher year on year.

## Revenue declined sequentially as expenses fell faster

Revenue from operations was ₹22,055 crore, down from ₹29,359 crore in Q1 FY2026-27 but up 10.1% from ₹20,034 crore in Q2 FY2025-26. Total expenses fell to ₹19,078 crore from ₹28,011 crore in Q1, and were broadly unchanged from ₹19,075 crore a year earlier.

Cost of materials consumed was ₹16,138 crore in Q2, while the inventory-change line was an expense of ₹602 crore. The sharper sequential contraction in expenses than in revenue coincided with higher pre-tax profit.

## Pre-tax profit and EPS rose sharply

Profit before tax increased 119% sequentially to ₹2,997 crore from ₹1,366 crore in Q1 FY2026-27. It was more than three times the ₹965 crore recorded in Q2 FY2025-26 and the highest quarterly pre-tax profit in the five-quarter series.

Profit for the period rose to ₹2,247 crore from ₹1,031 crore in Q1 and ₹719 crore a year earlier. Basic and diluted EPS were ₹152.53, compared with ₹69.26 in Q1 FY2026-27 and ₹48.30 in Q2 FY2025-26.

## Tax and finance costs increased

Tax expense increased to ₹760 crore from ₹349 crore in Q1 FY2026-27, broadly in line with the rise in pre-tax profit. It comprised ₹746 crore of current tax and ₹14 crore of deferred tax. Finance costs rose to ₹62 crore from ₹52 crore in Q1 and ₹34 crore in Q2 FY2025-26.

## Comprehensive income rose

Other comprehensive income was positive ₹14.6 crore, compared with a loss of ₹5.0 crore in Q1 FY2026-27. Comprehensive income totalled ₹2,262 crore, up from ₹1,026 crore in the prior quarter.

## Balance sheet: receivables higher, cash lower

At 30 September 2026, current assets were ₹11,212 crore, compared with ₹10,255 crore at 31 March 2026 and ₹7,140 crore at 30 September 2025. Inventories were ₹8,110 crore, little changed from ₹8,149 crore at 31 March 2026. Current trade receivables rose to ₹2,008 crore from ₹235 crore at that date.

Cash and cash equivalents were ₹28 lakh at quarter-end, versus ₹905 crore at 31 March 2026; current investments stood at ₹159 crore. Equity increased to ₹13,593 crore from ₹11,109 crore at 31 March 2026. Borrowings comprised ₹1,856 crore current and ₹337 crore noncurrent at 30 September 2026.

## Key Takeaway

CPCL recorded a marked sequential earnings recovery despite lower revenue, as expenses contracted more sharply; quarterly profit reached ₹2,247 crore and EPS was ₹152.53. Revenue and profit also advanced year on year, while higher receivables and very low cash and cash equivalents at quarter-end stand out in the balance sheet.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +67.29%
- FII holding: +15.79%
- DII holding: +1.18%
- Mutual fund holding: +0.69%
- Retail holding: +9.52%
- Promoter pledged: +0.00%

### Major reported shareholders

- INDIAN OIL CORPORATION LIMITED — +51.89%
- NAFTIRAN INTER TRADE COMPANY LTD — +15.40% (Other)
- DOLLY KHANNA — +1.02%

## Official filings

- 2026-11-06 — Generic Announcement: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_06112026231855_Reg_30_-_Cessation.pdf)
- 2026-11-06 — Generic Announcement: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1923_WebXMLFile_20261106_233705273.xml)
- 2026-10-31 — Generic Announcement: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1923_WebXMLFile_20261031_214818099.xml)
- 2026-10-31 — Generic Announcement: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_31102026215435_Reg_30_-_Cessation.pdf)
- 2026-10-30 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-30 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-30 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-29 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-29 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-28 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-28 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-28 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-27 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-27 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-27 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-26 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-26 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-26 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-23 — Corporate Action Notice: Chennai Petroleum Corporation Limited - Ex-Date: 30-Oct-2026 — [Official attachment](https://www.nseindia.com/companies-listing/corporate-filings-actions)
- 2026-10-23 — Generic Announcement: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1923_WebXMLFile_20261023_202743857.xml)
- 2026-10-23 — Generic Announcement: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_1923_WebXMLFile_20261023_202751098.xml)
- 2026-10-22 — Generic Announcement: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_22102026133810_Q2_Results.pdf)
- 2026-10-22 — Management Change: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_22102026134933_Appointment_of_Statutory_Auditor.pdf)
- 2026-10-22 — Generic Announcement: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_22102026141408_Q2_Results.pdf)
- 2026-10-22 — Generic Announcement: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_22102026162955_Q2_Results.pdf)

## News and market events

- 2026-11-07 — The Hindu: **Muted markets, active managers: How equity MFs recast their portfolios in this Samvat** — Indian actively-managed equity funds attracted net inflows of ₹5.2 lakh crore and increased assets under management from ₹31 lakh crore to ₹35.4 lakh crore during the period between Diwali 2025 and Diwali 2026, leading to significant portfolio reshuffling across sectors. — [Source](https://www.thehindubusinessline.com/portfolio/mutual-funds/muted-markets-active-managers-how-equity-mfs-recast-their-portfolios-in-this-samvat/article71677679.ece)
- 2026-10-29 — Mint: **Q2 October dividend champions: Infosys, Colgate, HUL, CPCL, Coal India | Big payouts - amount, record date** — Infosys, Chennai Petroleum Corporation Limited, Colgate-Palmolive (India) Limited, Hindustan Unilever Limited, and Coal India Limited announced interim dividend payouts alongside their Q2 FY27 earnings results in October 2026. — [Source](https://www.livemint.com/market/stock-market-news/october-dividend-champions-infosys-colgate-hul-chennai-petro-coal-india-announce-big-payouts-check-amount-record-11793286004751.html)
- 2026-10-24 — Mint: **Dividend, split, rights issue, buyback next week: Hexaware Tech, Cyient, RailTel to Sagility - Check record dates** — At least 25 companies have set record dates between October 26 and 30 for corporate actions, including dividends, rights issues and resolution plan suspensions. Hexaware Technologies, Shriram Finance, RailTel and others are among the companies in focus. — [Source](https://www.livemint.com/market/stock-market-news/dividend-split-rights-issue-buyback-next-week-hexaware-tech-cyient-railtel-to-sagility-check-record-dates-11792826529111.html)
- 2026-10-23 — Mint: **Chennai Petroleum vs MRPL: Which PSU refinery stock wins on Q2 profit, revenue, dividends? Experts weigh in on outlook** — Chennai Petroleum vs MRPL: Chennai Petroleum Corporation Limited and Mangalore Refinery and Petrochemicals Limited (MRPL) are among top refinery Public Sector Undertaking (PSUs) that have recently announced second quarter results for the financial year 2026-27.While Chennai Petro reported a 212% yearly jump in net profit, MRPL’s Q2 profit more than tripled on an annual basis. — [Source](https://www.livemint.com/market/stock-market-news/chennai-petroleum-vs-mrpl-which-psu-refinery-stock-wins-on-q2-profit-revenue-dividends-experts-weigh-in-on-outlook-11792771887198.html)
- 2026-10-22 — The Hindu: **CPCL net profit more than triples to ₹2,271 crore in Q2** — gross refining margin (GRM) rose to $20.41 per barrel in the September quarter — [Source](https://www.thehindu.com/business/cpcl-net-profit-more-than-triples-to-2271-crore-in-q2/article71612767.ece)
- 2026-10-22 — The Hindu: **Q2 Results Today Highlights: Adani Energy Solutions PAT surges 145%, CPCL profit triples; Havells profit up 9.7%, Jindal Stainless Q2 profit rises 11%, Colgate profit rise 4.3%, Adani Total Gas Q2 net profit rises 3%; Swiggy shares tumble over 5%** — Q2 Results Today, 22nd October 2026 Highlights: Follow the latest announcements and developments on the company's September quarter earning on Adani Energy, HPCL, Havells, Swiggy, Colgate, Hatsun, Cyient, Adani Total Gas, Nippon Life and others — [Source](https://www.thehindubusinessline.com/markets/q2-results-today-live-updates-adani-energy-hpcl-havells-swiggy-colgate-hpcl-hatsun-cyient-adani-tital-gas-nippon-life-company-results-22-october-2026/article71610008.ece)
- 2026-10-22 — Times of India: **CPCL’s Q2 profit more than triples to Rs 2,271 cr; declares interim dividend | Chennai News - The Times of India** — CPCL Q2 FY27 profit jumps to Rs 2,271 crore as revenue rises 10%; GRM doubles to $20.41/bbl and board declares interim dividend of Rs 25/share. — [Source](https://timesofindia.indiatimes.com/city/chennai/cpcls-q2-profit-more-than-triples-to-rs-2271-cr-declares-interim-dividend/articleshow/135121485.cms)
- 2026-10-22 — The Hindu: **CPCL Q2 profit more than triples to ₹2,271 crore on higher refining margins** — CPCL Q2 profit soars to ₹2,271 crore on higher GRMs, with 98% utilization, rising revenue, and interim dividend of ₹25 per share for FY27. — [Source](https://www.thehindubusinessline.com/companies/cpcl-q2-profit-more-than-triples-to-2271-crore-on-higher-refining-margins/article71611564.ece)
- 2026-10-22 — Mint: **Chennai Petroleum Q2 results 2026: Navratna PSU declares  ₹25 dividend, PAT jumps 291% YoY - Check record date** — Chennai Petroleum reported a 291.9% year-on-year rise in Q2FY27 consolidated net profit to ₹2,271.2 crore. Its board declared an interim dividend of ₹25 per share, with October 30 set as the record date. Shares closed 1.15% higher. — [Source](https://www.livemint.com/market/chennai-petroleum-q2-results-2026-navratna-psu-declares-rs-25-per-share-interim-dividend-pat-jumps-291-yoy-check-re-11792662591173.html)
- 2026-10-21 — Mint: **Ace investor Dolly Khanna Portfolio: Rain Industries makes a comeback, CPCL stake trimmed - Big changes and top holdings** — Dolly Khanna added a 1.72% stake in Rain Industries during the September 2026 quarter, making it her second-largest disclosed holding. She trimmed her stake in Chennai Petroleum Corporation, which remained her largest position, increased her Savera Industries holding. — [Source](https://www.livemint.com/market/stock-market-news/ace-investor-dolly-khanna-portfolio-rain-industries-makes-a-comeback-cpcl-stake-trimmed-big-changes-and-top-holdings-11792572157878.html)
- 2026-10-15 — FEEDS: **Chennai Petro's Stock Plunges Nearly 6% As Crude Oil Retreats Below $104/Barrel** — The stock fell to a low of Rs 1,455.30 apiece on the NSE, as against a 1.28% advance in the benchmark Nifty index. The shares pared some losses to trade 5.5% lower at Rs 1,460 apiece. — [Source](https://www.ndtvprofit.com/markets/chennai-petro-share-price-stock-falls-nearly-6-percent-amid-retreat-in-crude-oil-prices-12187943)
- 2026-10-12 — DECCANCHRONICLE.COM: **Modi Stresses TN's Manufacturing Prowess, Assures Support for State’s Growth** — Emphasising the importance of cooperative federalism, Modi said his experience of working with successive Tamil Nadu chief ministers had strengthened his commitment to the State’s development, irrespective of political changes — [Source](https://www.deccanchronicle.com/southern-states/tamil-nadu/modi-stresses-tns-manufacturing-prowess-assures-support-for-states-growth-1995077)
- 2026-10-12 — DECCANCHRONICLE.COM: **Modi Inaugurates Projects Worth Rs 13,000 Crore in Chennai** — At Chennai Port, Kamarajar Port and V.O. Chidambaranar Port, he inaugurated and launched projects to improve cargo handling, logistics and maritime infrastructure — [Source](https://www.deccanchronicle.com/southern-states/tamil-nadu/modi-inaugurates-projects-worth-rs-13000-crore-in-chennai-1995075)
- 2026-10-12 — Orissa POST: **Trump to attend ASEAN summit in Manila, then APEC summit in China - OrissaPOST** — Washington: President Donald Trump will travel to Manila next month for the Association of Southeast Asian Nations (ASEAN) summit before heading to China for the Asia-Pacific Economic Cooperation (APEC) summit, the White House has said. Trump will take part in the summit in the Philippine capital on November 16 and then go to Shenzhen for […] — [Source](https://www.orissapost.com/trump-to-attend-asean-summit-in-manila-then-apec-summit-in-china/)
- 2026-10-11 — MONEYCONTROL: **Watch | PM Modi takes Chennai Metro ride with CM C Joseph Vijay after inaugurating Phase II stretch** — pm modi, cm joseph vijay, chennai metro — [Source](https://www.moneycontrol.com/news/india/watch-pm-modi-takes-chennai-metro-ride-with-cm-c-joseph-vijay-after-inaugurating-phase-ii-stretch-14049447.html)
- 2026-10-11 — Times of India: **Watch: PM Modi inaugurates Rs 4,900 crore Chennai Metro Phase II stretch, rides train with CM Vijay** — NEW DELHI: Prime Minister Narendra Modi on Sunday inaugurated the Poonamallee-Vadapalani stretch of Phase II of the Chennai Metro Rail Project, built at a — [Source](https://timesofindia.indiatimes.com/india/watch-pm-modi-inaugurates-rs-4900-crore-chennai-metro-phase-ii-stretch-rides-train-with-cm-vijay/articleshow/134867581.cms)
- 2026-10-11 — MONEYCONTROL: **PM Modi inaugurates Chennai Metro stretch, unveils Rs 8,000-crore-plus projects in Tamil Nadu** — PM Modi Tamil Nadu visit, Chennai Metro Phase 2 inauguration, Poonamallee Vadapalani Metro, PM Modi C Joseph Vijay, Tamil Nadu infrastructure projects, Rs 3,700 crore highway projects, Chennai Port development projects, IIT Madras brain research centre, CPCL Manali refinery project — [Source](https://www.moneycontrol.com/news/india/pm-modi-inaugurates-chennai-metro-stretch-unveils-rs-8-000-crore-plus-projects-in-tamil-nadu-14049407.html)
- 2026-10-11 — Economic Times: **PM Modi inaugurates Rs 4,900 crore 15-km Chennai Metro Phase II stretch, rides along with CM Vijay** — Prime Minister Narendra Modi inaugurated the 15-km Poonamallee-Vadapalani stretch of the Chennai Metro Rail Project. This new stretch, built at a cost of around Rs 4,900 crore, features advanced signalling systems. It is expected to improve connectivity between Chennai's western suburbs and the city centre. The Chennai Metro stretch is part of a wider development programme worth over Rs 13,000 crore that Modi is scheduled to launch across Tamil Nadu. — [Source](https://economictimes.indiatimes.com/news/india/pm-modi-inaugurates-rs-4900-crore-15-km-chennai-metro-phase-ii-stretch-rides-along-with-cm-vijay/articleshow/134866589.cms)
- 2026-10-11 — DECCANCHRONICLE.COM: **Modi Reaches Chennai to Launch Projects Worth Rs 13,000 Crore** — Modi will lay the foundation stone for a Rs. 1,620-crore group II/III lube oil base stocks project at Chennai Petroleum Corporation Limited’s Manali refinery — [Source](https://www.deccanchronicle.com/southern-states/tamil-nadu/modi-reaches-chennai-to-launch-projects-worth-rs-13000-crore-1994859)
- 2026-10-11 — The Hindu: **PM Modi in Chennai LIVE | Inauguration of Chennai Metro Phase II stretch, to launch various projects** — Follow The Hindu LIVE for updates as PM Narendra Modi and Tamil Nadu CM Vijay inaugurate the Poonamallee–Vadapalani stretch of Chennai Metro Phase II and launch major infrastructure projects, including the Karaikal–Peralam railway line. — [Source](https://www.thehindu.com/news/cities/chennai/chennai-metro-phase-two-inauguration-poonamallee-vadapalani-narendra-modi-visit-schedule-cm-vijay-meeting-live-updates/article71570613.ece)
- 2026-10-10 — The Hindu: **Modi to unveil projects worth ₹13,000 crore in Chennai on Sunday** — Modi to unveil ₹13,000 crore Chennai projects across metro, highways, rail, ports, petroleum, and brain research on Sunday. — [Source](https://www.thehindu.com/news/cities/chennai/modi-to-unveil-projects-worth-13000-crore-in-chennai-on-sunday/article71568144.ece)
- 2026-10-10 — Mint: **Meet Rakesh Kumar: Indian Oil executive recommended for CPCL’s Director of Operations post | Today News** — Rakesh Kumar, currently General Manager of Technical Services at IOCL, was selected from nine candidates for CPCL’s board-level Director of Operations role. The Appointments Committee of the Cabinet must approve the recommendation before he can take charge. — [Source](https://www.livemint.com/news/india/meet-rakesh-kumar-indian-oil-executive-recommended-for-cpcl-s-director-of-operations-post-11791644480139.html)
- 2026-10-10 — The Hindu: **PM Narendra Modi in Chennai on Sunday for a series of engagements** — PM Modi’s Chennai visit includes Metro launch, infrastructure inaugurations, temple visit, IIT Madras brain project, and multiple development initiatives worth over ₹13,000 crore. — [Source](https://www.thehindubusinessline.com/news/pm-narendra-modi-in-chennai-today-for-a-series-of-engagements/article71568463.ece)
- 2026-10-08 — BUSINESSTODAY: **Dolly Khanna & Jhujhunwala cut stakes in these companies, Kedia increases position in this stock** — Dolly Khanna portfolio, Rekha Jhunjhunwala portfolio, Vijay Kedia portfolio, celebrity investors, investor portfolio changes, Q2FY27 shareholding, September 2026 shareholding, stock market investors, Rekha Jhunjhunwala stocks, Dolly Khanna stocks, Vijay Kedia stocks, Rekha Jhunjhunwala Canara Bank, Rekha Jhunjhunwala NCC, Dolly Khanna Chennai Petroleum, Vijay Kedia Websol Energy, Vijay Kedia Om Infra, Canara Bank shareholding, Websol Energy shareholding, Chennai Petroleum shareholding, celebrity investor stocks, investor buying selling stocks, Q2FY27 stock picks — [Source](https://www.businesstoday.in/markets/stocks/story/dolly-khanna-jhujhunwala-cut-stakes-in-these-companies-kedia-increases-position-in-this-stock-560430-2026-10-08)
- 2026-10-07 — BUSINESSTODAY: **CPCL, MRPL shares surge up to 13%; why are these refiners gaining?** — CPCL, MRPL, Chennai Petroleum, Mangalore Refinery, refinery stocks, crude oil prices, Brent crude, oil prices, gross refining margins, GRMs, OMCs, oil stocks — [Source](https://www.businesstoday.in/markets/stocks/story/cpcl-mrpl-shares-surge-up-to-13-why-are-these-refiners-gaining-560090-2026-10-07)

## Business profile

**Strategic vision:** Refining corporation in South India with integrated refinery operations.

### Business segments
- **Manali Refinery:** Located in North Chennai, the Manali Refinery has a refining capacity of 10.5 MMTPA and is an integrated refinery producing a range of petroleum products and petrochemical feedstocks.
- **Cauvery Basin Refinery:** CPCL operates a refinery in the Cauvery Basin at Nagapattinam, with plans for a new grassroot refinery with a capacity of 9 MMTPA.

### Competitive strengths
- Integrated refinery operations
- Complex and integrated refinery infrastructure
- Production of diverse petroleum products and petrochemical feedstocks

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/chennpetro
Markdown representation: https://faxioms.com/stocks/chennpetro?render=md