Hindustan Petroleum Corporation (HPCL) dropped 4.14% to Rs 301 after the companys standalone net profit tanked 63.1% to Rs 868.86 crore on a 40.8% surge in net sales to Rs 96,260.20 crore in Q3 December 2021 over Q3 December 2020.
The company’s consolidated total income however increased to Rs1,687cr from Rs1,668cr yoy.
The highlight of the month of Jan-22, or you can call it the low-point, was the aggressive selling by the foreign portfolio investors (FPIs).
Financials stocks were trading in green, with the S&P BSE Finance index increasing 139.6 points or 1.68% at 8447.93 at 09:51 IST.
Banking stocks were trading in green, with the S&P BSE BANKEX index increasing 798.29 points or 1.83% at 44367.77 at 09:51 IST.
Real Estate stocks were trading with gains, with the S&P BSE Realty Index index rising 66.18 points or 1.74% at 3877.79 at 09:51 IST.
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