# HINDPETRO (HINDPETRO) — Stock analysis

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

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹359
- Change: +2.40%
- As of: 2026-09-18
- 1D return: +2.40%
- 5D return: +1.80%
- 1M return: -1.16%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, HINDPETRO is trading at ₹359.0, with a daily technical stance indicating a bearish trend. This is supported by the price being below key moving averages including the 20-day EMA (₹359.34) and 50-day EMA (₹371.29), as well as the 200-day SMA (₹402.44). The daily Supertrend indicator is also bearish at ₹370.16. In contrast, the monthly timeframe shows a bullish Supertrend at ₹298.05, though the price remains below the 20-day EMA (₹391.88) and 20-day SMA (₹401.54) on this longer timeframe. The weekly view aligns with the daily, showing a bearish Supertrend at ₹412.79 and the price below its key moving averages.

The nearest support level is observed at ₹356.02, approximately 0.83% below the current price. Overhead resistance is noted at ₹361.04, about 0.57% higher. The stock has experienced a recent extreme downward anomaly on September 11, 2026, with a wide intraday range and a Z-score of 4.51. Current risk metrics include an annualized volatility of 35% and a maximum drawdown of -36%. The stock is currently positioned at 45% of its 20-day range.

Key conditions to monitor include potential breaks above the immediate resistance at ₹361.04, which could signal a short-term shift, and a sustained move below the support at ₹356.02, which may reinforce the bearish trend. The divergence between the daily/weekly bearish trends and the monthly bullish Supertrend suggests a period of potential consolidation or transition.

- Current price on September 18, 2026: ₹359.0
- Nearest support level: ₹356.02 (approx. 0.83% below current price)
- Nearest resistance level: ₹361.04 (approx. 0.57% above current price)
- Daily and weekly timeframes show bearish trends, while the monthly Supertrend is bullish.
- Watch for price movement relative to ₹361.04 resistance and ₹356.02 support.

- Doji
- Harami
- Bearish Engulfing Reversal
- Outside Bar
- Hammer

### News Context

The past seven days saw continued volatility in crude oil prices, with Brent crude reaching around $107 per barrel due to geopolitical concerns, specifically US-Iran clashes. This surge in oil prices is expected to impact oil companies' margins. For the period ending September 2026, retail fuel marketing margins for petrol and diesel are projected to face losses of ₹7.4 per litre and ₹10.3 per litre respectively in September. While this is a concern, it may not entirely offset the improvements seen in the first two months of the quarter. Separately, a report on September 16 highlighted that ONGC's petrochemical unit, OPaL, is experiencing significant losses due to soaring naphtha and gas prices, contrasting with its oil exploration business. OPaL plans to address this by divesting certain product lines and potentially importing lower-cost ethane feedstock by fiscal year 2029-30. In other news, petrol prices in Mumbai remained unchanged on September 16, standing at ₹111.21 per litre.

- Brent crude oil prices reached approximately $107 per barrel in the week leading up to September 18, driven by geopolitical tensions.
- Retail fuel marketing margins are estimated to incur losses of ₹7.4 per litre for petrol and ₹10.3 per litre for diesel in September.
- ONGC's petrochemical unit, OPaL, is facing substantial losses due to increased naphtha and gas prices, as reported on September 16.
- OPaL intends to divest from specific product lines and explore importing ethane feedstock by fiscal year 2029-30 to improve its financial standing.
- Petrol prices in Mumbai were reported at ₹111.21 per litre on September 16, with no change from the previous day.

- Stock market today: Trade guide for Sensex, Nifty 50, crude oil and gold | Eight stocks to buy
- Crude shock to hit oil companies' margins, but refining gains could save Q2 show
- Hormuz crisis lifts ONGC oil business, squeezes petrochemical unit as feedstock costs surge
- Petrol and diesel prices today, Sept 16: How much does fuel cost in Delhi, Mumbai, Bengaluru? Check here | Today News
- High refill, deposit costs keep consumers in Karnataka away from 10 kg LPG option

### What Changed

The company's stock traded at ₹359.0 on September 18, 2026, an increase from its previous price of ₹350.6. Recent news highlights potential impacts on oil companies' margins due to rising crude oil prices, with Brent crude reaching around $107 per barrel. This surge has led to expectations of retail fuel marketing losses of ₹7.4 per litre for petrol and ₹10.3 per litre for diesel in September. However, these potential losses may be offset by gains made in the first two months of the quarter. The broader market context on September 18, 2026, indicated a quiet opening for the Indian stock market, with mixed global cues influencing trading.

- Stock price increased to ₹359.0 on September 18, 2026, from ₹350.6.
- Brent crude oil prices reached approximately $107 per barrel in September 2026, driven by geopolitical concerns.
- Expected retail fuel marketing losses for September 2026 are ₹7.4 per litre for petrol and ₹10.3 per litre for diesel.
- The Indian stock market was expected to open quietly on September 18, 2026, amid mixed global signals.

- Stock market today: Trade guide for Sensex, Nifty 50, crude oil and gold | Eight stocks to buy
- Crude shock to hit oil companies' margins, but refining gains could save Q2 show

### Official Filings

Hindustan Petroleum Corporation Limited (HPCL) has scheduled an investor and analyst meet on September 22, 2026, in Mumbai. Senior management will participate in this in-person event, which is being coordinated with Morgan Stanley. The company has stated that no unpublished price-sensitive information will be discussed during this meeting. This follows earlier disclosures on September 16, 2026, regarding record date updates and confirmation of redemption/payment of interest and principal, though the specifics of these updates were not detailed in the provided summaries.

- Investor and analyst meet scheduled for September 22, 2026, in Mumbai.
- Senior management to attend the meeting coordinated by Morgan Stanley.
- Company confirmed no unpublished price-sensitive information will be disclosed.
- Disclosures regarding record date updates were made on September 16, 2026.
- Confirmation of redemption/payment of interest and principal was also noted on September 16, 2026.

- Hindustan Petroleum Corporation Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
- Record Date Updates |SUBJECT: Record Date Updates
- Hindustan Petroleum Corporation Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal

### Fundamentals

Hindustan Petroleum (HINDPETRO) reported a notable increase in Revenue from Operations for Q1 FY2026-27, reaching ₹1,45,225.11 crore. This represents a significant rise compared to the preceding quarters of Q4 FY2025-26 (₹1,23,693.38 crore) and Q3 FY2025-26 (₹1,24,582.65 crore). However, this revenue growth was accompanied by a substantial increase in Expenses, which rose to ₹1,64,043.50 crore in Q1 FY2026-27. Consequently, the company recorded a Profit Before Tax of -₹18,199.49 crore and a net loss for the period of -₹12,264.67 crore in Q1 FY2026-27. This contrasts with the profitability observed in the prior two quarters, where Q4 FY2025-26 showed a Profit Before Tax of ₹6,353.50 crore and a net profit of ₹6,065.26 crore, and Q3 FY2025-26 reported a Profit Before Tax of ₹5,196.01 crore and a net profit of ₹4,011.40 crore. The tax expense in Q1 FY2026-27 was negative ₹5,905.40 crore, reflecting the loss incurred. Finance costs for Q1 FY2026-27 were ₹818.36 crore, lower than the ₹1,020.44 crore reported in Q4 FY2025-26 but higher than Q3 FY2025-26's ₹734.03 crore.

- Revenue From Operations for Q1 FY2026-27 was ₹1,45,225.11 crore.
- Expenses in Q1 FY2026-27 reached ₹1,64,043.50 crore.
- HINDPETRO reported a net loss of -₹12,264.67 crore for Q1 FY2026-27.
- Profit Before Tax for Q1 FY2026-27 was -₹18,199.49 crore.
- Tax Expense for Q1 FY2026-27 was -₹5,905.40 crore.

### Bull Case

The company's monthly technical trend shows a bullish signal, with the Supertrend indicator at 298.05. This suggests a potentially favorable long-term outlook based on this technical indicator. However, the daily and weekly trends are currently indicated as bearish, with Supertrend values of 370.16 and 412.79 respectively. This divergence indicates mixed signals across different timeframes.

- Monthly Supertrend indicator is bullish at 298.05 as of 2026-09-18.
- Daily Supertrend indicator is bearish at 370.16 as of 2026-09-18.
- Weekly Supertrend indicator is bearish at 412.79 as of 2026-09-18.

- Stock market today: Trade guide for Sensex, Nifty 50, crude oil and gold | Eight stocks to buy
- Crude shock to hit oil companies' margins, but refining gains could save Q2 show
- Hormuz crisis lifts ONGC oil business, squeezes petrochemical unit as feedstock costs surge
- Petrol and diesel prices today, Sept 16: How much does fuel cost in Delhi, Mumbai, Bengaluru? Check here | Today News
- High refill, deposit costs keep consumers in Karnataka away from 10 kg LPG option

### Bear Case

The company's stock is currently trading below key moving averages, with the daily and weekly Supertrend indicators showing a bearish direction as of September 18, 2026. This technical setup suggests a cautious market sentiment. Furthermore, recent market commentary indicates that rising crude oil prices, breaching $100 a barrel with Brent crude around $107, could negatively impact oil companies' margins. Specifically, retail fuel marketing margins for petrol and diesel are projected to incur losses of ₹7.4 per litre and ₹10.3 per litre, respectively, in September. While refining gains might offset some of this impact, the surge in feedstock costs, such as naphtha and gas, presents a significant operational constraint.

- As of September 18, 2026, the daily and weekly Supertrend indicators are bearish.
- Retail fuel marketing margins are estimated to be in loss for petrol (₹7.4 per litre) and diesel (₹10.3 per litre) in September.
- Crude oil prices have risen, with Brent crude around $107 per barrel, driven by supply concerns.
- Feedstock costs, including naphtha and gas, have surged, impacting petrochemical operations.

- Stock market today: Trade guide for Sensex, Nifty 50, crude oil and gold | Eight stocks to buy
- Crude shock to hit oil companies' margins, but refining gains could save Q2 show
- Hormuz crisis lifts ONGC oil business, squeezes petrochemical unit as feedstock costs surge
- Petrol and diesel prices today, Sept 16: How much does fuel cost in Delhi, Mumbai, Bengaluru? Check here | Today News
- High refill, deposit costs keep consumers in Karnataka away from 10 kg LPG option

### FAQs

**What is the current technical trend for Hindustan Petroleum based on daily and weekly indicators?**

As of September 18, 2026, daily technical indicators suggest a bearish trend, with the Super Trend indicator at 370.16 and the 20-day Exponential Moving Average (EMA) at 359.34, showing a downward slope. However, on a monthly basis, the Super Trend indicator is at 298.05, indicating a bullish trend. The weekly trend also shows a bearish direction with the Super Trend at 412.79.

**How have recent crude oil price movements potentially impacted Hindustan Petroleum's margins?**

Recent increases in crude oil prices, with Brent crude reaching around $107 per barrel in September 2026 due to supply concerns, are expected to negatively affect oil companies. Retail fuel marketing margins for petrol and diesel are projected to incur losses of ₹7.4 per litre and ₹10.3 per litre, respectively, in September 2026. While these losses are anticipated, they may not entirely offset the improvements seen in the first two months of the quarter.

**What are the key support and resistance levels for Hindustan Petroleum's stock?**

As of September 18, 2026, key technical levels for Hindustan Petroleum's stock include immediate resistance at ₹361.04 (0.57% higher) and further resistance at ₹369.76 (3.0% higher). On the downside, support levels are identified around ₹356.02 (-0.83% lower) and ₹354.83 (-1.16% lower).

**What recent corporate events has Hindustan Petroleum announced?**

Hindustan Petroleum Corporation Limited has announced an investor group meeting scheduled for September 22, 2026, in Mumbai, hosted by Morgan Stanley. The company also had several announcements regarding 'Record Date Updates' and 'Confirmation of Redemption/Payment of Interest and Principal' on September 16 and 17, 2026.

- Stock market today: Trade guide for Sensex, Nifty 50, crude oil and gold | Eight stocks to buy
- Crude shock to hit oil companies' margins, but refining gains could save Q2 show
- Hormuz crisis lifts ONGC oil business, squeezes petrochemical unit as feedstock costs surge
- Petrol and diesel prices today, Sept 16: How much does fuel cost in Delhi, Mumbai, Bengaluru? Check here | Today News
- High refill, deposit costs keep consumers in Karnataka away from 10 kg LPG option
- Hindustan Petroleum Corporation Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
- Record Date Updates |SUBJECT: Record Date Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹351.53
- Risk regime: Price Risk Requires Attention

### Support levels
- 354.4625
- 340.77812500000005
- 317.8125

### Resistance levels
- 361.04375
- 369.75703124999995
- 382.6087890625

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +2.40% |
| return_10 | -0.65% |
| return_1m | -1.91% |
| return_1y | -12.14% |
| return_20 | -1.16% |
| return_3m | -10.61% |
| return_5 | +1.80% |
| return_6m | +2.76% |
| return_since_start | -12.94% |
| return_ytd | -28.00% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -36.05% |
| annualized_volatility | +34.79% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Growth Outpaced by Expense Surge, Driving Quarterly Loss

Hindustan Petroleum reported a sharp rise in operating revenue for the first quarter of FY2026-27, but total costs increased at a significantly faster pace, turning a previously profitable position into a substantial quarterly loss. A negative tax charge partially reduced the bottom-line loss, while other comprehensive income added further pressure to the quarter’s financial results.

## Revenue

Operating revenue reached ₹1,45,225.11 crore, marking a 17.4% increase from the previous quarter’s ₹1,23,693.38 crore and a 20.8% rise compared to the same quarter last year at ₹1,20,192.99 crore. This represents the highest revenue level across the five consecutive quarters covered by the current reporting window. The figure follows a lower reading in Q2 FY2025-26 and a modest decline in Q4 FY2025-26, breaking a period of more contained quarterly fluctuations.

## Expenses

Total expenses climbed to ₹1,64,043.50 crore, a 39.1% sequential increase from ₹1,17,959.83 crore and a 42.6% year-over-year jump from ₹1,15,042.44 crore. The absolute expense increase of approximately ₹46,084 crore more than doubled the revenue growth of roughly ₹21,532 crore during the same period. This divergence created a widening gap between top-line inflows and cost outflows, pushing expenses to their highest level in the five-quarter sequence and moving well above the range observed in the preceding quarters.

## Profitability

The mismatch between revenue expansion and cost acceleration resulted in a pre-tax loss of ₹18,199.49 crore, a stark reversal from a pre-tax profit of ₹6,353.50 crore in the prior quarter and ₹5,657.90 crore in the corresponding quarter last year. The shift represents an absolute movement of approximately ₹24,553 crore. After accounting for tax adjustments, the net loss for the period stood at ₹12,264.67 crore, translating to a basic earnings loss of ₹57.64 per share.

## Tax and Other Comprehensive Income

The tax charge for the quarter was recorded as a negative ₹5,905.40 crore, contrasting with the positive tax expenses reported in the previous four quarters, which ranged between ₹1,271.61 crore and ₹1,578.35 crore. This negative tax amount reduced the reported net loss relative to the pre-tax loss. 

Other comprehensive income also registered a negative value of ₹582.61 crore, following a negative reading in the immediately preceding quarter and a positive reading in the quarter before that. Combined with the net loss, these items produced a total comprehensive loss of ₹12,847.28 crore for the period.

## Segment Results

The company’s reported segment profit before tax mirrored the consolidated pre-tax result, recording a loss of ₹18,170.07 crore. This figure is nearly identical to the overall pre-tax loss of ₹18,199.49 crore, indicating that the consolidated result was driven almost entirely by the reported business segments. These segments had posted consistent profits in the four quarters leading up to this period, ranging from ₹5,130.91 crore to ₹7,643.61 crore.

## Key Takeaway

The quarter’s financial outcome was defined by expenses growing at nearly twice the rate of revenue, eroding profitability and producing a significant quarterly loss. While a negative tax charge narrowed the net loss, the underlying operational result remained deeply negative. The results mark a clear departure from the consecutive profitable quarters that preceded them, highlighting a substantial shift in the relationship between operating revenues and total costs during this period.

### Ratios

## Official filings

- 2026-09-17 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_221_WebXMLFile_20260917_151947553.xml)
- 2026-09-17 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/MJHPCL_17092026160437_Repayment_Letter.pdf)
- 2026-09-16 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/MJHPCL_16092026165701_Record_Date_INE094A14KN0.pdf)
- 2026-09-16 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/MJHPCL_16092026165839_Record_Date_INE094A14KO8.pdf)
- 2026-09-16 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/MJHPCL_16092026170242_Record_Date_INE094A14KQ3.pdf)
- 2026-09-16 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/MJHPCL_16092026170115_Record_Date_INE094A14KP5.pdf)
- 2026-09-16 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/MJHPCL_16092026170438_Record_Date_INE094A14KR1.pdf)
- 2026-09-16 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/MJHPCL_16092026170605_Record_Date_INE094A14KE9.pdf)
- 2026-09-16 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HINDPETRO1_16092026173229_Investor_Conference_-_Morgan_Stanley_September_2026_signed.pdf)
- 2026-09-15 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/MJHPCL_15092026163237_Repayment_Letter.pdf)
- 2026-09-11 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HINDPETRO1_11092026171443_Investor_Conference_-_JP_Morgan.pdf)
- 2026-09-11 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_221_WebXMLFile_20260911_171947442.xml)
- 2026-09-11 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/MJHPCL_11092026194741_Repayment_Letter.pdf)
- 2026-09-09 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_221_WebXMLFile_20260909_112418343.xml)
- 2026-09-08 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HINDPETRO2_08092026160032_SEINTIMATION08092026.pdf)
- 2026-09-08 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HINDPETRO1_08092026183132_AppointmentofStatAuditor2627.pdf)
- 2026-09-08 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/HINDPETRO1_08092026183846_AppointmentofStatAuditor2627.pdf)
- 2026-09-06 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_221_WebXMLFile_20260906_120603736.xml)
- 2026-09-03 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HINDPETRO1_03092026164638_Investor_Conference_-_UBS_India.pdf)
- 2026-09-01 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HINDPETRO1_01092026105959_SMPChangeAug26.pdf)
- 2026-09-01 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_221_WebXMLFile_20260901_112430574.xml)
- 2026-08-28 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/HINDPETRO1_28082026150944_InterestPayment28082026.pdf)
- 2026-08-27 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HINDPETRO1_27082026151713_Letter_to_Stock_Exchanges_-_VotingResults.pdf)
- 2026-08-27 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/content/debt/WDM/HINDPETRO1_27082026163424_Letter_to_Stock_Exchanges_-_VotingResults.pdf)
- 2026-08-26 — Generic Announcement: Hindustan Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HINDPETRO1_26082026185656_Letter_to_Stock_Exchanges_-_Proceeding_of_AGM.pdf)

## News and market events

- 2026-09-18 — Mint: **Stock market today: Trade guide for Sensex, Nifty 50, crude oil and gold | Eight stocks to buy** — The Indian stock market is expected to open quietly on September 18, following mixed global cues. The Sensex ended slightly down, while the Nifty 50 was modestly up. Analysts suggest monitoring key resistance and support levels as geopolitical concerns persist. — [Source](https://www.livemint.com/market/stock-market-news/stock-market-today-trade-guide-for-sensex-nifty-50-crude-oil-and-gold-eight-stocks-to-buy-11789693227632.html)
- 2026-09-17 — Economic Times: **Crude shock to hit oil companies' margins, but refining gains could save Q2 show** — Oil breached $100 a barrel this month with Brent crude at around $107 as US-Iran clashes stoked supply fears. Retail fuel marketing margins are expected to turn into a loss of ₹7.4 per litre for petrol and ₹10.3 per litre for diesel in September. However, it is unlikely to erase improvement seen during the first two months of the quarter. — [Source](https://economictimes.indiatimes.com/industry/energy/oil-gas/crude-shock-to-hit-oil-companies-margins-but-refining-gains-could-save-q2-show/articleshow/134319868.cms)
- 2026-09-16 — Economic Times: **Hormuz crisis lifts ONGC oil business, squeezes petrochemical unit as feedstock costs surge** — The financial landscape for ONGC's petrochemical unit OPaL is alarming, as it faces considerable losses amid skyrocketing naphtha and gas prices. This situation starkly contrasts with ONGC's thriving oil exploration sector. To stabilize its finances, OPaL intends to divest from specific product lines and plans to import lower-cost ethane feedstock by the fiscal year 2029-30. — [Source](https://economictimes.indiatimes.com/industry/energy/oil-gas/hormuz-crisis-lifts-ongc-oil-business-squeezes-petrochemical-unit-as-feedstock-costs-surge/articleshow/134296070.cms)
- 2026-09-16 — Mint: **Petrol and diesel prices today, Sept 16: How much does fuel cost in Delhi, Mumbai, Bengaluru? Check here | Today News** — In Mumbai, petrol price stands at ₹111.21 per litre today. No change has been recorded in petrol prices compared to yesterday. — [Source](https://www.livemint.com/news/india/petrol-and-diesel-prices-today-sept-16-how-much-does-fuel-cost-in-delhi-mumbai-bengaluru-check-here-11789524764564.html)
- 2026-09-15 — The Hindu: **High refill, deposit costs keep consumers in Karnataka away from 10 kg LPG option** — Since the West Asia war began, State-owned oil companies have been encouraging consumers to switch to 10 kg LPG cylinders. — [Source](https://www.thehindu.com/news/national/karnataka/high-refill-deposit-costs-keep-consumers-in-karnataka-away-from-10-kg-lpg-option/article71400677.ece)
- 2026-09-15 — MONEYCONTROL: **Crude above $100 could widen OMC losses if retail fuel prices remain unchanged: Analysts** — oil prices, diesel losses, marketing margins, OMCs, economy, petrol, LPG — [Source](https://www.moneycontrol.com/news/business/economy/crude-above-100-could-widen-omc-losses-if-retail-fuel-prices-remain-unchanged-analysts-14030455.html)
- 2026-09-15 — Mint: **Tata, Adani, Reliance triple their EV charging points in 3 years | Mint** — The number of EV charging points installed by these three groups has grown 21% from FY25, when the cumulative was 15,651 and by 67% from FY24, when their total was 11,356. From the total of 5,438 in FY23, the network has grown 280%. — [Source](https://www.livemint.com/industry/ev-charging-stations-infrastructure-in-india-tata-power-adani-power-reliance-11789372330654.html)
- 2026-09-14 — Mint: **PSU dividend kings: ONGC, BPCL, HPCL, Coal India, among top 8 PSU stocks with highest dividend yield | Crown goes to?** — In FY26, PSU stocks like Coal India and ONGC deliver notable dividend yields. MSTC, REC, and ONGC feature yields at 5.4%, 5.9%, and 5.7%. Check full list of top PSU stocks with highest dividend yield — [Source](https://www.livemint.com/market/stock-market-news/psu-dividend-kings-ongc-bpcl-hpcl-coal-india-among-top-8-psu-stocks-with-highest-dividend-yield-crown-goes-to-11789362315354.html)
- 2026-09-10 — BUSINESS: **Crude oil at $100, but why are OMCs not on a slippery slope? Decoded** — Oil at $100: OMC stocks have already been punished significantly, and therefore investors are not reacting in panic after such a major fall, believe analysts. — [Source](https://www.business-standard.com/markets/news/crude-oil-prices-at-100-but-why-are-omc-stocks-not-on-a-slippery-slope-decoded-126091000429_1.html)
- 2026-09-09 — The Hindu: **BPCL-led energy fund to back deep-tech start-ups; targets to cut industry’s refining bill worth ₹1 lakh crore** — BPCL-led energy fund aims to support deep-tech start-ups, targeting a ₹1 lakh crore reduction in refining costs. — [Source](https://www.thehindu.com/news/national/karnataka/bpcl-led-energy-fund-to-back-deep-tech-start-ups-targets-to-cut-industrys-refining-bill-worth-1-lakh-crore/article71444081.ece)
- 2026-09-09 — The Hindu: **HPCL-led energy fund to back deep-tech start-ups; targets to cut industry’s refining bill worth ₹1 lakh crore** — BPCL-led energy fund aims to support deep-tech start-ups, targeting a ₹1 lakh crore reduction in refining costs. — [Source](https://www.thehindu.com/news/national/karnataka/hpcl-led-energy-fund-to-back-deep-tech-start-ups-targets-to-cut-industrys-refining-bill-worth-1-lakh-crore/article71444081.ece)
- 2026-09-09 — BUSINESSTODAY: **BPCL, IOC, HPCL shares unfazed as Brent crude hits $100 a barrel for first time since July** — Brent crude, $100 oil, Oil India, ONGC, BPCL, IOC, Reliance Industries, Nifty Oil & Gas, crude oil prices, US-Iran tensions — [Source](https://www.businesstoday.in/markets/stocks/story/bpcl-ioc-hpcl-shares-unfazed-as-brent-crude-hits-100-a-barrel-for-first-time-since-july-554239-2026-09-09)
- 2026-09-08 — Economic Times: **State oil companies lose up to 35% bulk diesel sales** — State oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soaring prices. This behavioral shift echoes past trends observed during the US-Iran conflict. The surge in diesel rates is fueled by global supply shortages and elevated crude prices, prompting smaller contractors and businesses to adapt by purchasing through retail channels to mitigate fuel expenditures. — [Source](https://economictimes.indiatimes.com/industry/energy/oil-gas/state-oil-companies-lose-up-to-35-bulk-diesel-sales/articleshow/133938592.cms)
- 2026-09-08 — FREEPRESSJOURNAL.IN: **Crude Oil Surge Puts India’s Import Bill Under Pressure, West Asia Supply Risks Fuel Fresh Concerns** — India faces a higher oil import bill and inflation risks as Brent nears $100 and the Indian crude basket crosses $100 amid worsening West Asia supply disruptions. — [Source](https://www.freepressjournal.in/business/crude-oil-surge-puts-indias-import-bill-under-pressure-west-asia-supply-risks-fuel-fresh-concerns)
- 2026-09-08 — Orissa POST: **India faces higher oil import costs as crude prices surge on West Asia supply risks - OrissaPOST** — New Delhi: India faces the prospect of a higher oil import bill and renewed inflationary pressure after international crude prices surged Tuesday, with Brent approaching USD 100 a barrel as escalating West Asia tensions raised concerns about disruptions to global supplies. Brent futures rose more than 2 per cent to around USD 99 a barrel, […] — [Source](https://www.orissapost.com/india-faces-higher-oil-import-costs-as-crude-prices-surge-on-west-asia-supply-risks)
- 2026-09-07 — Mint: **LPG cylinder rules changed: Refill booking gap cut to 25 days for all consumers | Today News** — The Petroleum Ministry has directed state-run oil marketing companies (OMCs) to introduce a uniform 25-day gap between LPG refill bookings with immediate effect. — [Source](https://www.livemint.com/news/india/lpg-cylinder-rules-changed-refill-booking-gap-cut-to-25-days-for-all-consumers-11788795337380.html)
- 2026-09-07 — NEWS.WEBINDIA123.COM: **LPG refill booking interval cut from 45 to 25 days, says Union MoS Suresh Gopi** — The Centre has reduced the booking interval for liquefied petroleum gas (LPG) refills from 45 days to 25 days, Union Minister of State for Petroleum and Natural Gas Suresh Gopi said on Monday — [Source](https://news.webindia123.com/news/articles/business/20260907/4495860.html)
- 2026-09-07 — Economic Times: **LPG refill booking interval cut from 45 to 25 days, says Union MoS Suresh Gopi** — The Centre has reduced the booking interval for liquefied petroleum gas (LPG) refills from 45 days to 25 days, Union Minister of State for Petroleum and Natural Gas Suresh Gopi said on Monday. The revised 25-day booking interval will apply uniformly to LPG consumers in both urban and rural areas. — [Source](https://economictimes.indiatimes.com/industry/energy/oil-gas/lpg-refill-booking-interval-cut-from-45-to-25-days-says-union-mos-suresh-gopi/articleshow/133882136.cms)
- 2026-09-07 — The Hindu: **LPG refill booking interval cut to 25 days for rural consumers too, Minister Suresh Gopi confirms** — Union Minister Suresh Gopi announces a uniform 25-day LPG refill booking interval for all domestic consumers, including rural areas. — [Source](https://www.thehindu.com/news/national/oil-ministry-lpg-booking-interval-rural-urban-areas-suresh-gopi/article71438250.ece)
- 2026-08-26 — The Hindu: **Over 36,000 consumers await new LPG connections in Karnataka after West Asia war** — Following the West Asia war, the issuance of new LPG connections was temporarily halted across the country as vital import routes through the Strait of Hormuz were disrupted. — [Source](https://www.thehindu.com/news/national/karnataka/over-36000-consumers-await-new-lpg-connections-in-karnataka-after-west-asia-war/article71392524.ece)
- 2026-08-26 — BUSINESSTODAY: **Missed August 23 LPG e-KYC deadline? Oil firms extend Aadhar verification window till August 31** — LPG e-KYC deadline extended, LPG e-KYC August 31 deadline, LPG Aadhaar verification, LPG connection e-KYC, LPG cylinder e-KYC, domestic LPG users, LPG subsidy verification, LPG refill supply, LPG distributors, Hyderabad LPG news, Telangana LPG consumers, oil marketing companies, Indian Oil e-KYC, Bharatgas e-KYC, HP Gas e-KYC, Aadhaar-based LPG authentication, LPG KYC update, LPG e-KYC online, LPG e-KYC offline, LPG consumer verification — [Source](https://www.businesstoday.in/india/story/missed-august-23-lpg-e-kyc-deadline-oil-firms-extend-aadhar-verification-window-till-august-31-551499-2026-08-26)
- 2026-08-14 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty Auto down about 140 points; Tata Motors PV leads loses** — Sensex Today | Stock Market LIVE Updates: We are the half way mark of the day's trade and the markets remain in red. The markets are under pressure, with the Nifty index falling towards the 24,300 mark. The Nifty Bank is also trading on similar ground, falling below the 57,500 mark. Tata Motors PV, Hindalco, Max Health are the top losers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-sensex-hdfc-bank-nifty-bank-q1-earnings-tata-motors-max-fin-defence-bdl-share-price-liveblog-19969121.htm)
- 2026-08-14 — The Hindu: **Sensex today | Stock Market Live: Sensex falls over 250 points, Nifty slips 0.24% amid West Asia concerns** — Sensex, Nifty, Share Prices LIVE: Indian equity markets traded lower on Friday as persistent West Asia tensions and continued foreign investor selling weighed on sentiment. Easing expectations of a September US Federal Reserve rate hike and softer crude prices offered some support, limiting the decline. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-14th-august-2026/article71341547.ece)
- 2026-08-10 — The Hindu: **Stocks to watch today: Signature Global, IndusInd Bank, pharma, railway and renewable energy stocks** — Explore today's top 20 stocks, featuring Signature Global, IndusInd Bank, pharma, railway, and power sectors updates. — [Source](https://www.thehindubusinessline.com/markets/20-stocks-in-focus-today-signature-global-indusind-bank-pharma-railway-and-power-counters/article71324466.ece)
- 2026-08-02 — Economic Times: **Fuel demand surges in July as weak monsoon lifts diesel, petrol sales** — Petrol and diesel sales by Indian Oil Corporation, Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited rose sharply, driven by higher irrigation demand amid below-normal rainfall. — [Source](https://auto.economictimes.indiatimes.com/news/oil-and-lubes/fuel-demand-surges-in-july-as-weak-monsoon-lifts-diesel-petrol-sales/132805039)

## Business profile

**Strategic vision:** Indian energy company providing refining and petroleum product marketing.

### Business segments
- **Refineries:** HPCL operates major refineries including the Mumbai Refinery, the Visakh Refinery, and the Mumbai Lube Refinery, alongside an HP Green R&D Centre.
- **Retail (Petrol Pumps):** HPCL maintains a network of retail outlets distributing petrol and diesel to consumers.
- **LPG (HP Gas):** The company supplies clean and safe liquefied petroleum gas (LPG) for domestic and commercial use.
- **Lubricants:** HPCL manufactures and markets a variety of lubricants under the HP Lubricants brand.
- **Aviation:** HPCL provides aviation fuel to support the airline industry.
- **Direct Sales:** The company engages in direct sales of petroleum products to industrial customers and bulk consumers.
- **Projects and Pipelines:** HPCL is involved in developing and managing projects and a network of pipelines for crude oil and petroleum product transportation.
- **Supplies, Operations and Distribution (SOD):** This segment manages the logistics, supply chain, and distribution of products across the country.
- **International Trade:** HPCL participates in the international trade of petroleum products and crude oil.
- **Natural Gas:** The company is also active in the natural gas sector.
- **Petrochemicals:** HPCL is involved in the petrochemicals business.
- **Research & Development:** The company undertakes research and development initiatives to innovate and improve its products and processes.

### Competitive strengths
- Extensive network of refineries and retail outlets across India.
- Integrated supply chain and distribution infrastructure.
- Diverse product offerings catering to various energy needs.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

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