{"id":19914,"date":"2022-08-08T19:18:00","date_gmt":"2022-08-08T13:48:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-stocks-hpcl\/"},"modified":"2022-08-08T19:14:20","modified_gmt":"2022-08-08T13:44:20","slug":"biz-stocks-hpcl","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-stocks-hpcl\/","title":{"rendered":"HPCL shares fall nearly 5% after disappointing June quarter earnings"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1788579307\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Shares of Hindustan Petroleum Corporation Ltd (HPCL) on Monday dropped nearly 5 per cent after the firm reported its highest-ever quarterly net loss of Rs 10,196.94 crore in the June quarter.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1632987888\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The stock fell 4.65 per cent to end at Rs 239.05 apiece on the BSE. During the day, the stock declined 6.22 per cent to Rs 235.10.<\/p>\n<p>On the NSE, it tanked 4.64 per cent to settle at Rs 239.05 apiece.<\/p>\n<p>In terms of traded volume, 6.21 lakh shares of the company were traded on the BSE and over 1.59 crore shares on the NSE during the day.<\/p><div class=\"trade-content_5\" id=\"trade-1909201761\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>On Saturday, HPCL reported its highest ever quarterly net loss of Rs 10,196.94 crore in the June quarter as a freeze on petrol and diesel price revision wiped away record refining margins.<\/p>\n<p>A standalone net loss of Rs 10,196.94 crore during April-June compares to a net profit of Rs 1,795 crore in the same period a year back, according to a company&#8217;s filing with the stock exchanges. PTI SUM SHW<\/p>\n<div class=\"trade-after-content\" id=\"trade-3884114502\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Shares of Hindustan Petroleum Corporation Ltd (HPCL) on Monday dropped nearly 5 per cent after the firm reported its highest-ever quarterly net loss of Rs 10,196.94 crore in the June quarter. The stock fell 4.65 per cent to end at Rs 239.05 apiece on the BSE. During the day, the stock declined 6.22 per cent [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":19789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[],"class_list":["post-19914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>HPCL shares fall nearly 5% after disappointing June quarter earnings - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-stocks-hpcl\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HPCL shares fall nearly 5% after disappointing June quarter earnings\" \/>\n<meta property=\"og:description\" content=\"Shares of Hindustan Petroleum Corporation Ltd (HPCL) on Monday dropped nearly 5 per cent after the firm reported its highest-ever quarterly net loss of Rs 10,196.94 crore in the June quarter. 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