{"id":230542,"date":"2019-02-07T05:50:57","date_gmt":"2019-02-07T05:50:57","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=230542"},"modified":"2019-02-07T05:50:57","modified_gmt":"2019-02-07T05:50:57","slug":"why-investors-cheered-despite-the-sharp-drop-in-hpcls-profit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/why-investors-cheered-despite-the-sharp-drop-in-hpcls-profit\/","title":{"rendered":"Why investors cheered despite the sharp drop in HPCL\u2019s profit"},"content":{"rendered":"<p>Hindustan Petroleum Corp. Ltd (HPCL) reported an 87% drop in its net profit for the December quarter, which the markets welcomed by sending its shares up 4%. What\u2019s going on? The relatively small profit of \u20b9248 crore, it turns out, was far better than the Street\u2019s estimate of a small loss.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hindustan Petroleum Corp. Ltd (HPCL) reported an 87% drop in its net profit for the December quarter, which the markets welcomed by sending its shares up 4%. What\u2019s going on? The relatively small profit of \u20b9248 crore, it turns out, was far better than the Street\u2019s estimate of a small loss.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,187],"tags":[],"class_list":["post-230542","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/230542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=230542"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/230542\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=230542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=230542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=230542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}