Hindustan Petroleum Corporation (HINDPETRO) Share Price Fall Streak Extends to Second Straight Session at Rs 340.00
- October 8, 2026
- Posted by: Kunal Singla
- Category: News
The Hindustan Petroleum Corporation Share Price Fall Streak has reached its second straight session, with the stock trading at Rs 340.00 as of 29 October 2026 at 3:08:13 PM IST. The cumulative decline across the streak is 3.68% from a starting base price of Rs 353.00. According to Univest data, the price pattern is confirmed, but no company-specific catalyst is established for the continued decline.
With a market capitalisation of Rs 75,112.13 crore, Hindustan Petroleum is a listed refiner, and a run of consecutive lower sessions shows something a single-day fall cannot: the decline has carried over from one session to the next instead of reversing. That makes the cumulative move, not any one day, the measure to follow. The sections below set the streak against price action, valuation, sector benchmarks and peers.
Hindustan Petroleum Corporation (HINDPETRO) Share Price Fall Streak: Consecutive Decline Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 340 |
| Previous Close | Rs 347.8 |
| Today's Move | -Rs 7.80 (-2.24%) |
| Open | Rs 344.1 |
| High | Rs 346.5 |
| Low | Rs 339.75 |
| Market Capitalisation | Rs 75,112.13 crore |
The latest session adds to the streak. The stock last traded at Rs 340.00 as of 29 October 2026 at 3:08:13 PM IST, which is Rs 7.80 or 2.24% below the previous close of Rs 347.80. It opened at Rs 344.10, Rs 3.70 below the previous close, touched a high of Rs 346.50 and a low of Rs 339.75.
The latest traded price sits Rs 0.25 above the day low and Rs 6.50 below the day high, so the stock is trading near the bottom of a range that is Rs 6.75 wide. The opening price was already lower than the previous close, and no part of the session lifted the stock back above that level. Market capitalisation stands at Rs 75,112.13 crore at this price.
Taken alone, these numbers describe a steady decline through the session rather than a sharp reversal. Read with the streak, they show that the stock began the session below its previous close and stayed there. The next section looks at what the two lower sessions show together.
What the Consecutive Declines Show
The Hindustan Petroleum Corporation Share Price Fall Streak began from a base price of Rs 353.00 on 28 October 2026. Measured from that base to the latest traded price of Rs 340.00, the stock is lower by Rs 13.00, a cumulative decline of 3.68%.
Between the base price of Rs 353.00 and the previous close of Rs 347.80, the stock moved Rs 5.20, or 1.47%, lower. The latest move of Rs 7.80, or 2.24%, is larger in both rupee and percentage terms. A fall that deepens from one session to the next is the pattern the streak shows, and it is the part a single-session report cannot capture.
The price data confirms the pattern. It does not establish a company-specific cause for the continued decline, and it does not indicate whether the streak will extend or end. Investors tracking the streak can follow the cumulative move from Rs 353.00 against the latest traded price.
Hindustan Petroleum Corporation (HINDPETRO) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 75,112.13 crore |
| P/E Ratio | 51.49x |
| P/B Ratio | 1.4x |
| ROE | 30.93% |
| ROCE | 23.1% |
| EPS | Rs 6.75 |
| Book Value Per Share | Rs 247.61 |
| Dividend Yield | 6.97% |
Hindustan Petroleum Corporation (HINDPETRO) fundamental metrics show P/E 51.49x, P/B 1.4x, ROE 30.93%, ROCE 23.1%. Read together, these ratios describe the company’s position rather than a recommendation.
Hindustan Petroleum Corporation has a market capitalisation of Rs 75,112.13 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 51.49x, P/B at 1.4x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 30.93% and ROCE of 23.1%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 6.75, book value per share of Rs 247.61, dividend yield of 6.97%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 7.88x, median ROE of 21.52%, median ROCE of 21.26%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Crude Oil |
| Industry | Refineries |
| Benchmark Scope | same industry |
| Company P/E Ratio | 51.49x |
| Benchmark Median P/E | 7.88x |
| Benchmark Average P/E | 17x |
| Benchmark P/E Range | 3.97x to 51.49x |
| Company P/B Ratio | 1.4x |
| Benchmark Median P/B | 1.4x |
| Benchmark Average P/B | 1.35x |
| Company ROE | 30.93% |
| Benchmark Median ROE | 21.52% |
| Benchmark Average ROE | 22.08% |
| Company ROCE | 23.1% |
| Benchmark Median ROCE | 21.26% |
| Benchmark Average ROCE | 22.37% |
| Company Market Capitalisation | Rs 75,112.13 crore |
| Benchmark Median Market Cap | Rs 75,112.13 crore |
| Benchmark Average Market Cap | Rs 2,95,668.02 crore |
Hindustan Petroleum Corporation (HINDPETRO) operates in the Crude Oil sector, within the Refineries industry.
Hindustan Petroleum Corporation (HINDPETRO) has a P/E ratio of 51.49x, which is above the benchmark median of 7.88x, a difference of +553.43%. The P/E comparison frames valuation; it is not a signal to buy or sell.
Hindustan Petroleum Corporation (HINDPETRO) has a ROE of 30.93%, which is above the benchmark median of 21.52%, a difference of +43.73%. Hindustan Petroleum Corporation (HINDPETRO) has a ROCE of 23.1%, which is above the benchmark median of 21.26%, a difference of +8.65%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Reliance Industries | RELIANCE | 16,23,904.65 | 20.98 | 1.69 | 10.95 | 12.17 |
| Indian Oil Corporation | IOC | 1,85,835.5 | 5.44 | 0.84 | 21.52 | 19.69 |
| Bharat Petroleum Corporation | BPCL | 1,28,116.07 | 7.88 | 1.23 | 28.47 | 27.09 |
| Mangalore Refinery And Petrochemicals | MRPL | 33,202.98 | 6.87 | 1.78 | 14.17 | 18.13 |
| Chennai Petroleum Corporation | CHENNPETRO | 23,434.19 | 3.97 | 1.67 | 32.13 | 35.15 |
Hindustan Petroleum Corporation (HINDPETRO) has a P/E ratio of 51.49x compared with the displayed peer median of 6.87x. Peer multiples give relative context only, not a buy or sell view. Its ROE of 30.93% compares with a peer median of 21.52% across the companies shown in the table. ROCE stood at 23.1% versus the displayed peer median of 19.69%, providing a capital-efficiency comparison. Hindustan Petroleum Corporation (HINDPETRO) has a market capitalisation of Rs 75,112.13 crore. Among the 5 peers shown, 3 have a larger market capitalisation.
Why Investors Are Watching Hindustan Petroleum
- The stock is lower for the second straight session, down 3.68% from the base price of Rs 353.00.
- The latest traded price of Rs 340.00 is Rs 7.80 or 2.24% below the previous close of Rs 347.80.
- The P/E of 51.49 is the top of the same-industry range, against a median of 7.88.
- ROE of 30.93% and ROCE of 23.10% both sit above their benchmark medians of 21.52% and 21.26%.
- Dividend yield is 6.97%, and market capitalisation of Rs 75,112.13 crore matches the benchmark median.
About Hindustan Petroleum
Hindustan Petroleum Corporation, trading under the symbol HINDPETRO, operates in the Crude Oil sector and the Refineries industry. For a reader interpreting the streak, the relevant context is the group it is measured against: a seven-company industry benchmark ranging from Rs 70.59 crore to Rs 16,23,904.65 crore in market capitalisation, with Hindustan Petroleum at the median.
Track Hindustan Petroleum Share Price on Univest
Use Hindustan Petroleum Corporation (HINDPETRO) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Investors who want to follow the streak can track the live price, key fundamental ratios, 52-week levels and market insights on Univest. The Univest stock page brings P/E, P/B, ROE, ROCE, EPS and book value together, so the cumulative move from Rs 353.00 can be read against the company’s financial profile and its refining peers.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Is the Hindustan Petroleum stock falling for a second straight session?
Ans. Yes. The stock is trading lower for the second straight session, last traded at Rs 340.00 as of 29 October 2026 at 3:08:13 PM IST, a cumulative decline of 3.68% from the base price of Rs 353.00.
How much has Hindustan Petroleum fallen today?
Ans. The stock last traded at Rs 340.00, down Rs 7.80 or 2.24% from the previous close of Rs 347.80. It opened at Rs 344.10 and touched a high of Rs 346.50 and a low of Rs 339.75.
Why is the Hindustan Petroleum share price falling?
Ans. According to Univest data, the price pattern across two sessions is confirmed, but no company-specific catalyst is established. The cumulative decline stands at 3.68% from the streak base price of Rs 353.00.
What is the market capitalisation of Hindustan Petroleum?
Ans. Hindustan Petroleum has a market capitalisation of Rs 75,112.13 crore, which matches the median of its seven-company Refineries benchmark. Market capitalisation shows company size and does not indicate the quality of the business.
What is the P/E ratio of Hindustan Petroleum after the decline?
Ans. The P/E ratio is 51.49 and the P/B ratio is 1.40. In the same-industry benchmark of 7 companies, the median P/E is 7.88 and the average is 17.00, so the company sits well above both.
What are the ROE and ROCE of Hindustan Petroleum?
Ans. ROE is 30.93% and ROCE is 23.10%. ROE measures the return on shareholder equity, while ROCE measures the return on capital employed. Both sit above the benchmark medians of 21.52% and 21.26%.
What are the EPS and book value of Hindustan Petroleum?
Ans. Earnings per share are Rs 6.75 and book value is Rs 247.61 per share. EPS shows earnings attributable to each share, while book value shows the accounting net worth behind each share.
What is the dividend yield of Hindustan Petroleum?
Ans. The dividend yield is 6.97%, which shows the historical payout relative to the current price of Rs 340.00. Dividend yield is historical data and does not promise a future payout.
How does Hindustan Petroleum compare with its peers?
Ans. Among five refining peers, its P/E of 51.49 is higher than all of them. Its market capitalisation of Rs 75,112.13 crore is below Reliance, Indian Oil and Bharat Petroleum, and above Mangalore Refinery and Chennai Petroleum.
