Hindustan Petroleum Corporation (HINDPETRO) Share Price Falls 2.85% Today

Hindustan Petroleum Corporation Share Price fell to Rs 346.5 on 08 September 2026, down 2.85% for the day from the previous close of Rs 356.65. The move took the company’s market capitalisation to Rs 75,963.26 crore. Intraday data shows the stock opened at Rs 355.95, which was also the day’s high, and later touched a low of Rs 346.3.

For investors tracking the stock, the supplied data confirms the decline but does not identify a company-specific trigger. That makes the available numbers more important than speculation. The stock is classified as Large Cap, turnover stood at Rs 2.6 crore, RSI was 33.98, and the price remained below both the 50-day moving average of Rs 374.17 and the 200-day moving average of Rs 396.25.

Beyond the price move, the fundamental picture is mixed. The company carries a P/E ratio of 45.41 and a P/B ratio of 1.42, while ROE stands at 30.93% and ROCE at 23.1%. EPS is Rs 7.85, book value is Rs 250.31, and dividend yield is 6.8%. In other words, today’s discussion is not only about a falling stock price but also about how valuation and profitability compare within the listed refinery space.

Hindustan Petroleum Corporation (HINDPETRO) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 346.5
Previous Close	Rs 356.65
Today's Move	-Rs 10.15 (-2.85%)
Open	Rs 355.95
High	Rs 355.95
Low	Rs 346.3
Turnover	Rs 2.6 crore
Market Capitalisation	Rs 75,963.26 crore
Market Cap Category	Large Cap

Hindustan Petroleum Corporation Share Price Today reflects sustained intraday weakness. The stock opened at Rs 355.95, never moved above that level, and slipped to Rs 346.3 before trading at Rs 346.5. Against the previous close of Rs 356.65, that amounts to a decline of Rs 10.15 or 2.85%.

The fact that the day high matched the opening price suggests selling pressure persisted through the session covered by the data. The last traded price staying close to the day low reinforces that reading. Turnover of Rs 2.6 crore confirms market activity, but the figures supplied for this update do not establish a direct reason behind the move.

From a technical context, RSI at 33.98 places the stock near the lower end of momentum readings, while the current price sits below the 50-DMA of Rs 374.17 and the 200-DMA of Rs 396.25. Those data points do not forecast what comes next, but they do show that the stock is trading below two widely followed trend markers.

Hindustan Petroleum Corporation (HINDPETRO) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 75,963.26 crore
P/E Ratio	45.41x
P/B Ratio	1.42x
ROE	30.93%
ROCE	23.1%
EPS	Rs 7.85
Book Value Per Share	Rs 250.31
Dividend Yield	6.8%

The company’s fundamentals show strong return ratios alongside a demanding earnings multiple. A P/E of 45.41 is elevated for a refinery business in the current peer set, while the P/B of 1.42 is far less stretched. EPS of Rs 7.85 and book value of Rs 250.31 provide per-share context, with the market price still above book value.

ROE at 30.93% and ROCE at 23.1% indicate strong profitability on the supplied data. Dividend yield of 6.8% also stands out because it shows a relatively high yield against the current stock price. That combination explains why today’s weakness does not translate into a simple fundamental conclusion. Profitability looks solid, but valuation remains a key point of debate.

For readers assessing Hindustan Petroleum Corporation Share Price through fundamentals alone, the main takeaway is balance rather than certainty: the business metrics appear healthy in several areas, yet the earnings multiple remains far above many sector peers.

Sector and Industry Context

Metric	Value
Sector	Crude Oil
Industry	Refineries
Benchmark Scope	same industry
Company P/E Ratio	45.41x
Benchmark Median P/E	9.66x
Benchmark Average P/E	16.93x
Benchmark P/E Range	5.1x to 45.41x
Company P/B Ratio	1.42x
Benchmark Median P/B	1.42x
Benchmark Average P/B	1.46x
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 75,963.26 crore
Benchmark Median Market Cap	Rs 75,963.26 crore
Benchmark Average Market Cap	Rs 3,21,165.56 crore

The company operates in the Crude Oil sector under the Refineries industry, and the benchmark set covers seven same-industry companies. Within that group, the valuation contrast is sharp. HPCL’s P/E of 45.41 is well above the median P/E of 9.66 and the average of 16.93, while also matching the top end of the benchmark range.

P/B tells a different story. At 1.42, the company is exactly at the benchmark median and slightly below the 1.46 average. Profitability is stronger than the sector medians: ROE of 30.93% is above the 21.52% median and 22.08% average, while ROCE of 23.1% is above the 21.26% median and 22.37% average.

Market-cap context is also useful. The company’s Rs 75,963.26 crore market value matches the benchmark median, though it sits below the average because very large players skew the industry mean upward. This is why the stock remains interesting in sector analysis: strong returns, median size within the peer set, but a P/E that stands at the highest end of the group.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Reliance Industries	RELIANCE	17,89,001.62	23.71	1.91	10.95	12.17
Indian Oil Corporation	IOC	1,93,884.6	5.69	0.88	21.52	19.69
Bharat Petroleum Corporation	BPCL	1,36,966.62	7.9	1.38	28.47	27.09
Mangalore Refinery And Petrochemicals	MRPL	30,652.95	9.66	2.01	14.17	18.13
Chennai Petroleum Corporation	CHENNPETRO	21,618.96	5.1	1.76	32.13	35.15

Peer data shows why valuation is central to the discussion. Compared with Reliance Industries, HPCL is much smaller in market cap at Rs 75,963.26 crore versus Rs 17,89,001.62 crore, but it shows higher ROE and ROCE than Reliance’s 10.95% and 12.17%. Yet Reliance still trades at a lower P/E of 23.71.

Against Indian Oil Corporation, the company has higher ROE and ROCE than IOC’s 21.52% and 19.69%, but IOC’s P/E is only 5.69. BPCL offers a closer comparison on business profile: its P/B of 1.38 is close to HPCL’s 1.42, its ROCE of 27.09% is higher, and its P/E is far lower at 7.9.

MRPL trades at a P/E of 9.66 with weaker return ratios than HPCL, while Chennai Petroleum has the strongest ROE and ROCE in this set at 32.13% and 35.15% but a P/E of just 5.1. Put simply, the company does not look weak on profitability versus peers; it looks expensive on earnings multiple versus most of them.

Why Investors Are Watching the Stock

• Hindustan Petroleum Corporation Share Price fell 2.85% to Rs 346.5 and remained close to the day low of Rs 346.3.
• The stock opened at Rs 355.95, and that level also marked the day’s high.
• RSI stood at 33.98, while the price stayed below both the 50-DMA and 200-DMA.
• P/E at 45.41 is above the same-industry median of 9.66 and average of 16.93.
• ROE of 30.93% and ROCE of 23.1% remain above industry medians.
• Market capitalisation of Rs 75,963.26 crore places the company at the benchmark median within its seven-company industry set.

About Hindustan Petroleum Corporation

Hindustan Petroleum Corporation operates in the Crude Oil sector and the Refineries industry. In the supplied benchmark universe, it is analysed alongside Reliance Industries, Indian Oil Corporation, Bharat Petroleum Corporation, Mangalore Refinery And Petrochemicals, Chennai Petroleum Corporation and Continental Petroleums.

That industry context matters because refinery stocks are often assessed using a blend of market size, valuation ratios and return metrics rather than price movement alone. This is why Hindustan Petroleum Corporation Share Price remains relevant in today’s market update even without a confirmed company-specific catalyst in the provided data.

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On Univest, readers can monitor price action, market-cap context, valuation ratios and sector comparisons in one place. That makes it easier to follow whether the current weakness remains a short-term trading event or continues to keep valuation versus peers in focus.

Frequently Asked Questions

Why is Hindustan Petroleum Corporation Share Price falling today?

Ans. The supplied data confirms a 2.85% decline to Rs 346.5 from the previous close of Rs 356.65. However, the verified figures do not establish any company-specific catalyst behind today’s move.

What is Hindustan Petroleum Corporation Share Price Today?

Ans. The stock was at Rs 346.5, down Rs 10.15 or 2.85% from Rs 356.65. It opened at Rs 355.95 and touched an intraday low of Rs 346.3. Its market capitalisation is Rs 75,963.26 crore.

What does today’s price action in HINDPETRO show?

Ans. It shows sustained weakness through the session. The opening price of Rs 355.95 was also the day’s high, and the stock later slipped to Rs 346.3 before trading near that level.

How is the company valued on P/E and P/B?

Ans. It trades at a P/E ratio of 45.41 and a P/B ratio of 1.42. The P/E is above the same-industry median of 9.66, while the P/B matches the median. The peer average P/E is 16.93x.

How does the company compare with Indian Oil and BPCL?

Ans. It has higher ROE and ROCE than Indian Oil, but a much higher P/E than IOC’s 5.69. Compared with BPCL, its P/B is similar, while BPCL has a lower P/E and higher ROCE.

Is the stock expensive relative to refinery peers?

Ans. On the supplied same-industry benchmark, it appears expensive on earnings multiple. Its P/E of 45.41 is the highest in the seven-company range and above both the 9.66 median and 16.93 average.

What should investors monitor next?

Ans. Investors may watch whether the stock stabilises after trading near the day low, and whether valuation continues to stand apart from peers. Price behaviour, moving averages, sector benchmarks and further company updates remain relevant.