HPCL Slumps After Q1 Loss as Brent Nears $97
Hindustan Petroleum Corporation Ltd (HPCL) saw its stock fall around 4–5% after reporting a Q1 FY27 consolidated net loss of about ₹12,265 crore, as elevated crude prices and weak marketing margins weighed on profitability amid West Asia tensions. Brokers volley mixed views on the stock, with Nomura Neutral and Macquarie bullish over a potential trough-quarter recovery, while Jefferies remains cautious about near-term earnings and valuations relative to peers.
Finance · 7 sources · Jul 23, 2026Read itThe journal
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About Bharat Petroleum
Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector oil and gas company, headquartered in Mumbai. It is India's second-largest government-owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas. It operates three refineries in Bina, Kochi and Mumbai. BPCL was ranked 309th on the Fortune Global 500 list of the world's biggest corporations in 2020, and 1052nd on Forbes Global 2000 in 2023.
Everything about Bharat Petroleum →- Country
- India
- Headquarters
- Mumbai
- Inception
- 1903, 1976
- Website
- https://www.bharatpetroleum.in