Welcome to an insightful analysis of Hindustan Petroleum Corporation’s (HPCL) share price projections for the years 2023 through 2030. In this discussion, we will delve into the factors that could potentially influence HPCL’s stock performance over the next several years, with a specific focus on whether the company’s shares have the potential to reach a significant milestone of 500 INR. By examining market trends, industry dynamics, and company-specific developments, we aim to provide a comprehensive outlook that will assist investors and enthusiasts in making informed decisions regarding their investment in Hindustan Petroleum Corporation. Let’s embark on this journey of exploration and forecasting to gauge the likelihood of HPCL achieving the target share price of 500 INR.
Contents
HINDUSTAN PETROLEUM CORPORATION IN RECENT NEWS
- On August 2nd, 2023, Hindustan Petroleum Corporation Ltd (HPCL), a government-owned company, announced a consolidated net profit of ₹6,765.5 crore for the first quarter of the fiscal year 2023-24.
- In the June quarter of FY24, the oil marketing company’s revenue declined to ₹1.18 lakh crore, down from ₹1.21 lakh crore reported in the same period the previous year.
- According to Union Minister of State for Petroleum and Natural Gas, Rameswar Teli, Hindustan Petroleum Corporation Limited is in the process of establishing a green hydrogen plant at Visakh Refinery in Andhra Pradesh. The plant will have a capacity of 370 tonnes per annum and will be based on electrolyzer technology.
HOW TO BUY HINDUSTAN PETROLEUM CORPORATION SHARES IN INDIA?
You can buy Hindustan Petroleum Corporation shares through various brokerage platforms in India, such as:
- Zerodha
- Upstox
- ICICI Direct
- HDFC Securities
- Sharekhan
HINDUSTAN PETROLEUM CORPORATION SHARE PRICE TARGET 2023 TO 2025
Let’s examine the statistics regarding the projected share price target for the period between 2023 and 2025, after conducting a thorough review of the company.
HINDUSTAN PETROLEUM CORPORATION SHARE PRICE TARGET FOR 2023
| When | Maximum Price | Minimum Price |
| August 2023 | ₹270.65 | ₹246.05 |
| September 2023 | ₹276.87 | ₹251.70 |
| October 2023 | ₹268.81 | ₹244.37 |
| November 2023 | ₹274.19 | ₹249.26 |
| December 2023 | ₹282.41 | ₹256.74 |
Based on the share price data for Hindustan Petroleum Corporation (HPCL) in 2023, we can observe fluctuations throughout the year. The share price started at a Maximum Price of ₹270.65 and a Minimum Price of ₹246.05 in August 2023. In September, it experienced a surge, reaching a Maximum Price of ₹276.87 and a Minimum Price of ₹251.70. However, in October, the share price slightly declined, with a Maximum Price of ₹268.81 and a Minimum Price of ₹244.37.
The share price showed resilience and started climbing again in November, reaching a Maximum Price of ₹274.19 and a Minimum Price of ₹249.26. The bullish trend continued into December, where it achieved its highest point of the year, with a Maximum Price of ₹282.41 and a Minimum Price of ₹256.74.
Overall, the share price of HPCL exhibited volatility throughout 2023, with periods of both upward and downward movements. Investors and analysts would need to carefully analyze the company’s financial performance, industry trends, and market conditions to predict its share price target accurately for the rest of the year. Factors such as global oil prices, government policies, and the overall economic outlook could significantly influence HPCL’s stock performance. As a result, it is crucial for investors to stay informed and make informed decisions based on thorough research and analysis.
HINDUSTAN PETROLEUM CORPORATION SHARE PRICE TARGET FOR 2024
| When | Maximum Price | Minimum Price |
| January 2024 | ₹297.28 | ₹258.50 |
| February 2024 | ₹323.13 | ₹280.98 |
| March 2024 | ₹326.39 | ₹283.82 |
| April 2024 | ₹296.72 | ₹258.02 |
| May 2024 | ₹247.27 | ₹215.01 |
| June 2024 | ₹296.72 | ₹258.02 |
| July 2024 | ₹252.21 | ₹219.31 |
| August 2024 | ₹277.43 | ₹241.24 |
| September 2024 | ₹291.30 | ₹253.31 |
| October 2024 | ₹342.71 | ₹298.01 |
| November 2024 | ₹359.85 | ₹312.91 |
| December 2024 | ₹367.04 | ₹319.17 |
Based on the share price data for Hindustan Petroleum Corporation (HPCL) in 2024, the stock continued to display significant fluctuations throughout the year. The year began with a Maximum Price of ₹297.28 and a Minimum Price of ₹258.50 in January. In February, the share price surged, reaching a Maximum Price of ₹323.13 and a Minimum Price of ₹280.98.
The bullish momentum continued into March, with the Maximum Price climbing to ₹326.39 and the Minimum Price to ₹283.82. However, in April, the share price dipped again, recording a Maximum Price of ₹296.72 and a Minimum Price of ₹258.02. This was followed by a sharp decline in May, where the share price plummeted to a Maximum Price of ₹247.27 and a Minimum Price of ₹215.01, marking the lowest point in the year.
June saw a slight recovery, as the share price rose to ₹296.72 (Maximum Price) and ₹258.02 (Minimum Price) once again. July exhibited a similar trend, with the Maximum Price reaching ₹252.21 and the Minimum Price touching ₹219.31.
The second half of the year witnessed a gradual recovery, as the share price climbed to a Maximum Price of ₹277.43 and a Minimum Price of ₹241.24 in August, and further increased to ₹291.30 (Maximum Price) and ₹253.31 (Minimum Price) in September.
October proved to be a remarkable month for HPCL, with the share price reaching its highest point of the year at ₹342.71 (Maximum Price) and ₹298.01 (Minimum Price). The bullish trend continued into November, as the Maximum Price surged to ₹359.85 and the Minimum Price to ₹312.91. In December, the share price remained on an upward trajectory, with a Maximum Price of ₹367.04 and a Minimum Price of ₹319.17.
The share price data for 2024 indicates a mix of volatility and recovery for Hindustan Petroleum Corporation. Investors and analysts would need to closely monitor the company’s financial performance, industry dynamics, and market conditions to predict its share price target accurately for the rest of the year. The global oil market, government policies, and economic factors may continue to impact HPCL’s stock performance in 2024. As such, investors should exercise caution and conduct comprehensive research to make well-informed investment decisions.
HINDUSTAN PETROLEUM CORPORATION SHARE PRICE TARGET FOR 2025
| When | Maximum Price | Minimum Price |
| January 2025 | ₹374.38 | ₹287.99 |
| February 2025 | ₹394.09 | ₹303.14 |
| March 2025 | ₹413.79 | ₹318.30 |
| April 2025 | ₹369.46 | ₹284.20 |
| May 2025 | ₹335.87 | ₹258.36 |
| June 2025 | ₹369.46 | ₹284.20 |
| July 2025 | ₹351.86 | ₹270.66 |
| August 2025 | ₹366.52 | ₹281.94 |
| September 2025 | ₹384.85 | ₹296.04 |
| October 2025 | ₹407.94 | ₹313.80 |
| November 2025 | ₹436.50 | ₹335.77 |
| December 2025 | ₹445.23 | ₹342.48 |
In 2025, Hindustan Petroleum Corporation’s (HPCL) share price displayed a volatile yet positive trend. The year commenced with a Maximum Price of ₹374.38 and a Minimum Price of ₹287.99 in January. The bullish momentum continued into February, with the share price surging to a Maximum Price of ₹394.09 and a Minimum Price of ₹303.14.
March saw further gains, as the share price reached a Maximum Price of ₹413.79 and a Minimum Price of ₹318.30. However, in April, there was a slight dip, with the Maximum Price at ₹369.46 and the Minimum Price at ₹284.20. The following month, May, experienced a decline, touching a Maximum Price of ₹335.87 and a Minimum Price of ₹258.36.June saw a recovery, as the share price rose to ₹369.46 (Maximum Price) and ₹284.20 (Minimum Price) once again. July exhibited a similar trend, with the Maximum Price reaching ₹351.86 and the Minimum Price touching ₹270.66.
In August, the share price continued its upward trajectory, recording a Maximum Price of ₹366.52 and a Minimum Price of ₹281.94. This positive trend persisted into September, where the share price climbed to a Maximum Price of ₹384.85 and a Minimum Price of ₹296.04.October marked a notable milestone for HPCL, with the share price reaching its highest point of the year at ₹407.94 (Maximum Price) and ₹313.80 (Minimum Price). The bullish trend further intensified in November, as the Maximum Price surged to ₹436.50 and the Minimum Price to ₹335.77. The year concluded with a strong performance in December, with the share price recording a Maximum Price of ₹445.23 and a Minimum Price of ₹342.48.
The share price data for 2025 indicates a positive overall performance for Hindustan Petroleum Corporation. Investors and analysts would need to continue monitoring the company’s financial health, industry dynamics, and global market trends to predict its share price target accurately for the remainder of the year. External factors like oil prices, government policies, and economic developments may continue to influence HPCL’s stock performance in 2025. As such, prudent research and analysis are essential for investors to make informed decisions based on the company’s fundamentals and market conditions.
HINDUSTAN PETROLEUM CORPORATION SHARE PRICE TARGET FOR 2026 TO 2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹512.01 | ₹358.41 |
| 2027 | ₹435.21 | ₹304.65 |
| 2028 | ₹783.38 | ₹548.36 |
| 2029 | ₹1,723.43 | ₹1,206.40 |
| 2030 | ₹1,792.04 | ₹1,254.43 |
Over the five-year period from 2026 to 2030, Hindustan Petroleum Corporation’s (HPCL) share price witnessed significant fluctuations. In 2026, the share price reached its highest point at ₹512.01 and its lowest point at ₹358.41, indicating volatility in the market. The subsequent year, 2027, saw a decline in the Maximum Price to ₹435.21 and a decrease in the Minimum Price to ₹304.65, signaling a challenging period for the company’s stock.
However, the company’s fortunes took a turn for the better in 2028, as the share price experienced a substantial surge, reaching a Maximum Price of ₹783.38 and a Minimum Price of ₹548.36. This bullish trend continued into 2029 when the share price skyrocketed to ₹1,723.43 (Maximum Price) and ₹1,206.40 (Minimum Price), representing a significant increase in the stock’s value.The remarkable growth persisted into 2030, with the share price reaching a Maximum Price of ₹1,792.04 and a Minimum Price of ₹1,254.43. This indicates that HPCL’s share price experienced substantial appreciation, making it an attractive investment for shareholders during this period.
Investors and analysts should continue monitoring the company’s financial performance, industry trends, and external factors affecting the oil and energy markets to predict HPCL’s share price target accurately for the next five years. The share price data suggests that HPCL’s performance might be closely tied to global oil prices, government policies, and economic conditions during this period. As such, thorough research and analysis are essential for investors to make informed decisions based on the company’s growth prospects and market conditions.
HINDUSTAN PETROLEUM CORPORATION FINANCIAL CONDITION (LAST 5 YEARS)
| Year | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| Sales | 275,491 | 269,092 | 233,248 | 349,913 | 440,709 |
| Expenses | 263,963 | 263,887 | 217,194 | 339,669 | 447,916 |
| Op Profit | 11,527 | 5,204 | 16,055 | 10,244 | -7,207 |
| OPM % | 4% | 2% | 7% | 3% | -2% |
| Other Inc | 2,383 | 679 | 2,731 | 3,897 | 3,957 |
| Interest | 786 | 1,139 | 963 | 997 | 2,174 |
| Deprec | 3,085 | 3,370 | 3,625 | 4,000 | 4,560 |
| PBT | 10,039 | 1,374 | 14,197 | 9,144 | -9,984 |
| Tax % | 33% | -92% | 25% | 20% | 30% |
| Net Profit | 6,691 | 2,639 | 10,663 | 7,294 | -6,980 |
| EPS in Rs | 43.91 | 17.32 | 73.24 | 51.42 | -49.21 |
| Div Payout % | 36% | 56% | 31% | 27% | 0% |
Over the last five years, Hindustan Petroleum Corporation (HPCL) has shown fluctuations in its financial performance. From March 2019 to March 2020, the company experienced a slight decline in sales from 275,491 crore to 269,092 crore, but its operating profit also decreased significantly from 11,527 crore to 5,204 crore. However, in the subsequent year, HPCL managed to bounce back, achieving an impressive operating profit of 16,055 crore, which corresponded to a 7% operating profit margin (OPM).
Despite facing challenges in the fiscal year ending March 2022, such as a decline in sales to 233,248 crore and negative operating profit of -7,207 crore, HPCL demonstrated resilience by improving its Other Income, which rose to 3,897 crore. Additionally, the company’s efforts in cost management resulted in reducing expenses from 263,887 crore to 217,194 crore.
One concerning aspect of HPCL’s financial condition during this period was the negative profit before tax (PBT) of -9,984 crore in March 2023. This was largely influenced by a 30% tax rate and other expenses, impacting the overall profitability of the company.
The negative earnings per share (EPS) of -49.21 Rs in March 2023 suggests a challenging period for shareholders, as it indicates losses in the company’s earnings attributed to each outstanding share. The dividend payout percentage also decreased to 0% during this period, indicating that the company might have chosen to retain earnings to address its financial situation.
Overall, Hindustan Petroleum Corporation faced volatility in its financial performance over the last five years, with some periods of growth and others marked by challenges. It’s essential for the company to focus on cost optimization, revenue generation, and financial prudence to navigate the uncertain economic landscape successfully and create long-term value for its stakeholders.
HINDUSTAN PETROLEUM CORPORATION SHARE PRICE TARGET BY BROKERAGE FIRMS AND EXPERTS
HINDUSTAN PETROLEUM CORPORATION SHARE PRICE TARGET BY ICICI DIRECT
Consider purchasing Hindustan Petroleum Corporation shares at ICICI Direct with a target price of Rs 430.(24-May-2023)
HINDUSTAN PETROLEUM CORPORATION SHARE PRICE TARGET BY SHAREKHAN BY BNP PARIBAS
You may want to acquire Hindustan Petroleum Corporation shares through Sharekhan by BNP Paribas, with a target price set at Rs 286.(07-Jun-2023)
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FAQs
According to the share price data, the Maximum Price for HPCL’s stock reached ₹445.23 in December 2024. This indicates a positive trend towards the end of 2024. However, the share price target for Hindustan Petroleum Corporation by the end of 2024 would depend on how the company performs in the following year and how market conditions evolve during that period.
Is it worthwhile to invest in Hindustan Petroleum Corporation for the long term?
The decision to invest in Hindustan Petroleum Corporation for the long term depends on various factors, including the investor’s risk tolerance, investment goals, and belief in the company’s potential for growth. While the share price data shows fluctuations, HPCL has displayed periods of growth and recovery in the past. Investors should conduct thorough research, assess the company’s fundamentals, and consider their own financial goals before making any investment decisions.
Will the Hindustan Petroleum Corporation stock grow?
Based on the share price data provided, Hindustan Petroleum Corporation’s stock has exhibited periods of growth in the past, particularly in 2025. However, it has also experienced fluctuations and declines during certain periods. The company’s future growth prospects will depend on several factors, including its financial performance, industry trends, global oil prices, and economic conditions. Investors should closely monitor these factors to gauge the potential for future growth.
Will Hindustan Petroleum Corporation reach ₹500 INR by 2025?
Based on the share price data, there is no indication that Hindustan Petroleum Corporation’s stock will reach ₹500 INR by 2025. The Maximum Price recorded in 2025 was ₹436.50, and while the stock has shown periods of growth, it would require significant and sustained growth to reach the ₹500 INR mark within the specified time frame. As with any investment, predicting future share prices involves inherent uncertainty, and investors should carefully assess the company’s performance and market conditions before setting target price expectations.
CONCLUSION
In conclusion, analyzing the share price data of Hindustan Petroleum Corporation (HPCL) from 2023 to 2030 provides valuable insights into the company’s stock performance and the possibility of reaching a share price of 500 INR. The data reflects a pattern of volatility, with fluctuations in share prices throughout the years. While the share price has shown periods of both growth and decline, it is important to note that predicting whether HPCL will reach 500 INR requires careful consideration of various factors.
In the years leading up to 2023, the share price experienced mixed results, with periods of growth and challenges. However, the subsequent years of 2024 and 2025 displayed periods of recovery and upward momentum. This positive trend suggests that HPCL has the potential to move towards the 500 INR mark in the coming years, especially considering the bullish performance observed in 2025.
Looking ahead to the years 2026 to 2030, the share price data indicates significant fluctuations, including periods of substantial growth and decline. While the share price surged to impressive heights in some years, it also experienced sharp declines in others. Achieving a share price of 500 INR by 2030 would require sustained growth and potentially favorable market conditions.
Ultimately, the possibility of Hindustan Petroleum Corporation reaching a share price of 500 INR is influenced by a multitude of factors, including global oil prices, government policies, economic conditions, and the company’s own financial performance. Investors and analysts need to closely monitor these variables and conduct thorough research to make informed projections about HPCL’s future share price trajectory. While the data provides a glimpse into the potential for growth, the attainment of a 500 INR share price will depend on a complex interplay of market dynamics and company-specific factors.
