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 Hindustan Petroleum
Hindustan Petroleum Corporation Limited (HPCL) is an Indian public sector undertaking in petroleum and natural gas industry, headquartered in Mumbai. It is a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is owned by the Government of India and under the administration of Ministry of Petroleum and Natural Gas.
Everything about Hindustan Petroleum →- Country
- India
- Headquarters
- Mumbai
- Inception
- 1974
- Website
- https://www.hindustanpetroleum.com/, http://hpretail.in/