Hindustan Petroleum Corporation Limited (HPCL) is one of India’s leading oil and gas companies, engaged in refining, marketing, and distribution of petroleum products. Known for its strong public sector backing, consistent dividend payouts, and wide operational reach, HPCL has remained a stable player in the stock market. In this blog, we’ll explore HPCL’s business fundamentals, stock data, and share price forecast from 2025 to 2030.
Detail | Value |
---|---|
Current Price | ₹424.00 |
Previous Close | ₹425.80 |
Day's High | ₹435.90 |
Day's Low | ₹416.00 |
52-Week High | ₹457.15 |
52-Week Low | ₹287.55 |
Market Capitalization | ₹90,847 Cr |
VWAP | ₹426.41 |
Beta (Volatility) | 1.14 |
Book Value per Share | ₹215.70 |
Face Value | ₹10 |
Dividend Yield | 2.46% |
HPCL, a subsidiary of ONGC, is a major player in India’s oil refining and marketing space. It operates two major refineries in Mumbai and Visakhapatnam and has a significant presence across India with a vast network of petrol pumps, LPG distributors, and pipeline infrastructure.
Backed by the Government of India (via ONGC)
Integrated operations: refining, marketing, and distribution
Focus on expanding renewable and green energy ventures
Consistent dividend payout policy
High delivery volume and stable trading activity
Investor Type | Holding (%) |
Promoters | 54.90% |
Mutual Funds | 18.74% |
Foreign Institutions | 13.55% |
Retail and Others | 8.38% |
Other Domestic Institutions | 4.43% |
This balanced pattern reflects confidence from both institutional and retail investors in HPCL stock.
Year | Minimum Target (₹) | Maximum Target (₹) |
2025 | 435 | 455 |
2026 | 470 | 490 |
2027 | 510 | 540 |
2028 | 560 | 590 |
2029 | 610 | 640 |
2030 | 660 | 700 |
These forecasts are based on HPCL’s earnings potential, oil prices, government policies, and market sentiment.
HPCL is likely to stay strong due to stable refining margins and domestic fuel demand.
Why?
Supportive government energy policies
Increased fuel consumption in urban and rural areas
Solid dividend yield attracting long-term investors
Investment Advice: Consider staggered entries for long-term accumulation.
Expect growth as the company expands its renewable portfolio and upgrades refining capacity.
Why?
Investment in ethanol and green energy
Better GRM (Gross Refining Margins)
Efficiency through technology integration
Investment Advice: Good hold for long-term portfolios; watch quarterly earnings.
Steady increase in crude throughput and storage infrastructure could push the price up.
Why?
Strategic fuel storage partnerships
Rise in aviation fuel and diesel demand
Strong financials and operational execution
Investment Advice: Reinvest dividends and increase SIPs.
By 2028, HPCL may witness benefits from international collaborations and exports.
Why?
Export potential to neighboring markets
Collaboration with global oil majors
Increased profitability and revenue diversification
Investment Advice: Long-term holding recommended for consistent returns.
Higher margins and energy mix diversification can support significant valuation increase.
Why?
Expansion in renewable energy assets
Rise in global fuel prices favoring OMCs
Cost reduction through digitization
Investment Advice: Maintain allocation and monitor energy trends globally.
HPCL could achieve all-time highs due to energy demand, better EPS, and solid dividend income.
Why?
Strong leadership and strategic vision
Return on equity improving YoY
Consistent dividend payout
Investment Advice: Favorable for long-term wealth creation; ideal for core portfolio.
Yes. HPCL has stable fundamentals, government support, consistent dividend payout, and long-term energy demand growth backing its business.
Strong promoter backing (ONGC)
High dividend yield
Infrastructure and refining capacity growth
Diversification into clean energy
Crude oil price volatility
Regulatory and environmental risks
Global geopolitical tensions impacting supply chains
Always consult a certified financial advisor before making investment decisions.
HPCL is one of the most reliable PSU stocks in India’s energy sector. With strong fundamentals, growing retail presence, and a consistent focus on renewable energy, HPCL is poised to deliver stable returns over the next decade. For investors aiming for long-term growth and steady income, HPCL is a sound bet.
What is the next target of HPCL? Based on forecasts, the next target for HPCL could be between ₹435 to ₹455 by 2025.
Is HPCL a good stock to buy? Yes, if you're looking for long-term investment in energy sector backed by government support and consistent dividends.
What is the 2030 target price of HPCL? Analysts estimate it could reach ₹700 depending on energy trends and business execution.
What is the dividend yield of HPCL? The dividend yield is currently around 2.46%.
Who are the major shareholders of HPCL? Promoters (ONGC), Mutual Funds, and Foreign Institutional Investors.
How much has HPCL gained from its 52-week low? HPCL has gained approximately 47.4% from its 52-week low of ₹287.55 to current levels.
What is HPCL’s all-time high? HPCL’s all-time high is ₹457.15.
Should I invest in HPCL for dividends? Yes, its consistent dividend policy makes it suitable for income-focused investors.
What is HPCL’s market cap? The current market cap is around ₹90,847 Cr.
Where is HPCL listed? HPCL is listed on both NSE and BSE.
Disclaimer: This article is for educational purposes only. Please seek professional advice before making any investment decisions.