Share price of HPCL falls as Sensex gains 282.42 points
Share price of Hindustan Petroleum Corporation Ltd. dropped 0.24 per cent to Rs 296.1 at 11:21AM (IST) in Tuesday’s trade. The stock hit a high of Rs 300.8 and low of Rs 295.85 so far during the session. The stock had closed at Rs 296.8 in the previous session.
The counter had a total traded volume of 11:21AM shares so far with a turnover of Rs 0.52 crore on BSE. The stock traded at a price-to-earnings multiple of 4.49 and a price-to-book ratio of 0.89.
A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
