The share price of Hindustan Petroleum Corporation Ltd. gained 1.15 per cent to Rs 215.9 at 12:25PM (IST) in Monday’s trade. The stock has hit a high of Rs 216.4 and low of Rs 213.8 so far during the session. The stock had closed at Rs 213.45 in the previous session.<\/p>\n
The counter has had a total traded volume of 73248 shares so far with a value of Rs 1.57 crore on the NSE. It traded at a price-to-earnings multiple of 5.28 and a price-to-book ratio of 0.94.<\/p>\n
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.<\/p>\n
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.<\/p>\n","protected":false},"excerpt":{"rendered":"
The share price of Hindustan Petroleum Corporation Ltd. gained 1.15 per cent to Rs 215.9 at 12:25PM (IST) in Monday’s trade. The stock has hit a high of Rs 216.4 and low of Rs 213.8 so far during the session. The stock had closed at Rs 213.45 in the previous session. The counter has had a total traded volume of 73248 shares so far with a value of Rs 1.57 crore on the NSE. It traded at a price-to-earnings multiple of 5.28 and a price-to-book ratio of 0.94. A higher price-to-earnings ratio shows investors are willing to pay a higher […]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-392078","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/392078","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=392078"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/392078\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=392078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=392078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=392078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}