HPCL stock price down 3.1 per cent as Sensex slides

As per data available on BSE, total traded quantity on the counter stood at 123,117 shares with a turnover of Rs 2.91 crore till 01:34PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 4.58, while the price-to-book value ratio stood at 0.92.

Return on equity (ROE) was at 17.61 per cent, according to exchange data. The stock hit an intraday high of Rs 244.0 and a low of Rs 234.4 during the session and quoted a 52-week high price of Rs 354.55 and a 52-week low of Rs 234.4.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.6.

Technical Indicators

The 200-DMA (day moving average) of the stock stood at Rs 290.68 on May 25, while the 50-DMA was at Rs 274.15. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.

The Relative Strength Index (RSI) of the stood at 29.56. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.

Promoter holding

As of 31-Mar-2022, promoters held 54.9 per cent stake in the company, while overseas investors held 19.9 per cent and domestic institutional investors had 15.09 per cent.