Hindustan Petroleum Corporation Ltd. shares drop 0.26% as Sensex falls
Shares of Hindustan Petroleum Corporation Ltd. traded 0.26 per cent down at Rs 214.9 at 12:10PM (IST) on Wednesday, even as BSE benchmark Sensex dropped 50.45 points to 47562.63.
The stock had settled at Rs 215.45 in the previous session. The stock quoted a 52-week high price of Rs 270.55 and 52-week low of Rs 155.0, respectively. As per BSE data, total traded volume on the counter till 12:10PM (IST) stood at 72032 shares with a turnover of Rs 1.54 crore.
At the prevailing price, shares of the company traded at 5.26 times its trailing 12-month earnings per share of Rs 40.87 per share and 0.94 times its price-to-book value, exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future.
