HINDUSTAN PETROLEUM (BOM: 500104) Shares
ABOUT HINDUSTAN PETROLEUM
Hindustan Petroleum Corporation Limited (BOM: 500104) is a Mumbai-based oil and natural gas company which boasts a 25% market-share in India among public-sector companies and a strong marketing infrastructure.
The company has a history dating back to its incorporation in 1974 following the takeover and merger of Esso Standard and Lube India Limited.
Today, Hindustan Petroleum Corporation Limited operates a portfolio consisting of two major refineries producing a wide variety of petroleum fuels and specialties. The company also owns and operates the largest lubricant refinery in India producing lube base oils of international standards.
OVERVIEW OF HINDUSTAN PETROLEUM
Hindustan Petroleum Corporation Limited has the second largest share of product pipelines in India, with a pipeline network of more than 3370 kms for the transportation of petroleum products.
The company also has a vast marketing network consisting of 14 Zonal offices in major cities and 128 Regional Offices facilitated by a Supply & Distribution infrastructure. These comprise of Terminals, Pipeline networks, Aviation Service Stations, LPG Bottling Plants, Inland Relay Depots and Retail Outlets, Lube and LPG Distributorships.
- Hindustan Petroleum Corporation Limited’s refineries upgrade crude petroleum into many value-added products and over 300 grades of lubricants, specialties and greases. The Lubricating Oils Refinery located in Mumbai is the largest lube refinery in India.
- The company’s Bulk Fuel & Specialities Business unit markets these products directly to Industrial consumers such as power plants, chemicals, fertilisers, shipping companies and airlines. This unit is also involved in the export of Bulk fuels and finished Petroleum Products.
- The company’s Retail Business is engaged in providing automotive fuels and lubricants and other value-added services for the automobile and private transport sector across the country, through a dedicated network of Retail Outlets. Added to this, the company remains at the forefront in the exploration of alternative energy sources in order to tap into this valuable and growing market going forward.
VISION & VALUES OF HINDUSTAN PETROLEUM
Hindustan Petroleum Corporation Limited’s values of Corporate Social Responsibility are focused on community upliftment and environmental protection. As such, the company actively invests in initiatives which support the communities in which it operates, allocating at least 60% of its CSR budget to these local communities.
The company is also committed to conducting its operations in a manner which is compatible with the environment.
- The company is focused on fostering awareness and respect for the environment by ensuring healthy operating practices through philosophy and training.
MARKET PERFORMANCE OF HINDUSTAN PETROLEUM
Hindustan Petroleum Corporation Limited trades on the Bombay Stock Exchange (BSE), where investors can buy shares under the stock symbol BOM: 500104.
Data from the company’s 2019 financial analysis shows that the company recorded its highest ever Refining throughput and Market sales during and exceeded its 6 000 Crore mark in Net Profit for the third consecutive year. The company registered the highest ever gross sales of `2 95 713 Crore with an impressive growth
Hindustan Petroleum Corporation Limited’s strong performance has allowed investors to buy or sell shares with confidence, providing sound dividends and a solid buy-in for those who choose to purchase shares in 2020 and in the future.
LATEST NEWS HINDUSTAN PETROLEUM
Buy HINDUSTAN PETROLEUM stocks / shares – ? A Step by Step Guide how to Buy / Purchase HINDUSTAN PETROLEUM Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy HINDUSTAN PETROLEUM Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN HINDUSTAN PETROLEUM STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE HINDUSTAN PETROLEUM STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of HINDUSTAN PETROLEUM stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy HINDUSTAN PETROLEUM stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?