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    HINDPETRO   INE094A01015

HINDUSTAN PETROLEUM CORPORATION LIMITED

(HINDPETRO)
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Delayed NSE India Stock Exchange  -  06:25 2022-11-30 am EST
239.10 INR   +0.25%
11/23Hindustan Petroleum : HPCL Bags Swachhta Pakhwada Award 2022
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11/203i Infotech Bags $6 Million Management Service Contract from Hindustan Petroleum
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11/15Hindustan Petroleum : HPCL Bags 12 Prestigious Awards at 12th PRCI Excellence Awards 2022
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Hero MotoCorp Limited and Hindustan Petroleum Corporation Limited Collaborate to Propel Emerging Mobility Solutions

09/20/2022 | 07:08am EST

Hero MotoCorp Limited and Hindustan Petroleum Corporation Limited (HPCL) have entered into a collaboration to establish charging infrastructure for Electric Vehicles (EVs) in the country. As a part of the initiative, the companies will set-up charging infrastructure for two-wheeled electric vehicles (EVs) across the country, thereby providing a fillip to mass mobility's transition towards an electrified future. This collaboration of the two mega entities ­ Hero MotoCorp and HPCL ­ highlights their efforts towards enabling a successful transition of mass mobility towards EVs with the assurance of long-term solutions.

The two companies will first establish charging infrastructure at HPCL's existing network of nationwide energy stations, with the likelihood of subsequently broadening the collaboration for supplementary business opportunities. In the first phase, charging stations will be set up in select cities, which will then be expanded to other key markets with the aim of establishing a high density of EV charging station network across the country. Hero MotoCorp will lead the infrastructure development for the charging network.

Each charging station will feature multiple smart and fast chargers, including DC and AC chargers that will be available to all two-wheeled EVs. The entire user charging experience will be controlled by a Hero MotoCorp Mobile-App, based on a cashless transaction model. The strong and impressive HPCL energy station network will also provide accelerated opportunities to expand the scope of operations and services.


ę S&P Capital IQ 2022
Stocks mentioned in the article
ChangeLast1st jan.
HERO MOTOCORP LIMITED 1.67% 2830.55 End-of-day quote.15.00%
HINDUSTAN PETROLEUM CORPORATION LIMITED 0.25% 239.1 Delayed Quote.-18.42%
All news about HINDUSTAN PETROLEUM CORPORATION LIMITED
11/23Hindustan Petroleum : HPCL Bags Swachhta Pakhwada Award 2022
PU
11/203i Infotech Bags $6 Million Management Service Contract from Hindustan Petroleum
MT
11/15Hindustan Petroleum : HPCL Bags 12 Prestigious Awards at 12th PRCI Excellence Awards 2022
PU
11/06Hindustan Petroleum Raises $303 Milion Via Issue of Debentures
MT
11/04Hindustan Petroleum Turns to Loss in Fiscal Q2
MT
11/03Hindustan Petroleum Corporation Limited Reports Earnings Results for the Second Quarter..
CI
11/03Hindustan Petroleum : HPCL Q2 Result2 2022-23
PU
11/02India raises ethanol purchase prices for state-run fuel retailers
RE
11/01Festive demand drives up Indian state refiners gasoil sales in Oct
RE
10/31India state retailers to marginally cut petrol, diesel prices from Tuesday
RE
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Analyst Recommendations on HINDUSTAN PETROLEUM CORPORATION LIMITED
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Financials
Sales 2023 4 139 B 50 691 M 50 691 M
Net income 2023 -69 016 M -845 M -845 M
Net Debt 2023 594 B 7 277 M 7 277 M
P/E ratio 2023 -4,21x
Yield 2023 3,08%
Capitalization 338 B 4 143 M 4 143 M
EV / Sales 2023 0,23x
EV / Sales 2024 0,24x
Nbr of Employees 9 065
Free-Float 45,1%
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Mean consensus -
Number of Analysts 0
Last Close Price 238,50
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Managers and Directors
Pushp Kumar Joshi Chairman, MD & Director-Human Resources
Rajneesh Narang Director-Finance, Executive Director & HR
Rajiv Chandra Executive Director-Information Systems
S. Bharathan Director & Refineries Director
D N Vijayendrakumar Chief General Manager-Information Systems
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