Hindustan Petroleum Executes Rs. 43.21 Crore Block Trade on NSE

1 min read     Updated on 22 Jul 2025, 03:25 PM
scanxBy ScanX News Team
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Overview

Hindustan Petroleum Corporation Ltd. (HPCL) conducted a block trade of 1,005,657 shares at Rs. 429.65 per share on the NSE, totaling Rs. 43.21 crore. The company has scheduled its 73rd Annual General Meeting for August 22, 2025, to be held virtually. HPCL reminds shareholders to update their KYC details and provides instructions for accessing AGM documents and participating in e-voting.

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*this image is generated using AI for illustrative purposes only.

Hindustan Petroleum Corporation Ltd. (HPCL), a leading Indian oil and gas company, recently executed a significant block trade on the National Stock Exchange (NSE), demonstrating notable market activity in its shares.

Block Trade Details

The block trade, worth Rs. 43.21 crore, involved approximately 1,005,657 shares of HPCL. The transaction was carried out at a price of Rs. 429.65 per share, indicating substantial interest in the company's stock.

Market Implications

This large-scale transaction could potentially impact HPCL's stock price and trading volume in the short term. Block trades of this magnitude often attract attention from market participants and analysts, as they may signal shifts in institutional holdings or strategic moves by large investors.

Company Update

While the block trade is a significant market event, it's worth noting that HPCL has other important corporate activities on the horizon. According to the company's latest corporate filing:

Upcoming Annual General Meeting

HPCL has announced its 73rd Annual General Meeting (AGM), scheduled for Friday, August 22, 2025, at 11:00 A.M. The meeting will be held virtually through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with the applicable provisions of the Companies Act, 2013.

Shareholder Information

  • The Notice of the AGM and the Annual Report will be sent via email to all members whose email addresses are registered with the Company or Depository Participants.
  • These documents will also be available on HPCL's website ( www.hindustanpetroleum.com ) and the National Securities Depository Limited (NSDL) website ( www.eservices.nsdl.com ).
  • Shareholders can participate in e-voting through the facility provided by NSDL.
  • Instructions for joining the AGM and the e-voting process will be detailed in the AGM Notice.

KYC Update Reminder

HPCL has urged shareholders to update their Know Your Customer (KYC) details, including email IDs and bank account information:

  • For Demat holdings: Register details with respective Depository Participants.
  • For Physical holdings: Submit the prescribed Form ISR-1 and other relevant forms to HPCL's Registrar and Transfer Agent, MUFG Intime India Pvt Ltd.

As HPCL continues to engage with its shareholders and maintain transparency in its operations, the recent block trade underscores the dynamic nature of the company's stock in the market. Investors and market watchers will likely keep a close eye on any potential impacts or further developments resulting from this significant transaction.

Historical Stock Returns for Hindustan Petroleum

1 Day5 Days1 Month6 Months1 Year5 Years
-0.57%-0.97%+9.15%+15.98%+23.81%+182.16%
Hindustan Petroleum
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HPCL Shares Worth Rs. 22.89 Crores Traded in Block Deal

1 min read     Updated on 15 Jul 2025, 09:40 AM
scanxBy ScanX News Team
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Overview

Hindustan Petroleum Corporation Ltd. (HPCL) experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 524,397 shares at Rs. 436.45 each, totaling Rs. 22.89 crores. This large, privately negotiated deal could potentially impact HPCL's ownership structure and market dynamics. The identities of the buyer and seller remain undisclosed.

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*this image is generated using AI for illustrative purposes only.

Hindustan Petroleum Corporation Ltd. (HPCL) witnessed a significant block trade on the National Stock Exchange (NSE), with approximately 524,397 shares changing hands. The transaction, valued at Rs. 22.89 crores, saw HPCL shares trading at Rs. 436.45 each.

Block Trade Details

The block deal, which occurred on the NSE, involved a substantial number of HPCL shares:

Particulars Details
Number of Shares 524,397
Share Price Rs. 436.45
Total Transaction Value Rs. 22.89 Crores

Block trades are typically large, privately negotiated transactions between two parties, often conducted outside the open market to minimize the impact on the stock price. These deals can be indicative of institutional investor activity or significant shareholder movements.

Market Implications

While the identity of the buyer and seller in this block trade remains undisclosed, such transactions often attract market attention due to their size and potential implications for the stock's ownership structure. The trade represents a notable transaction in HPCL's trading activity, potentially influencing market sentiment towards the stock.

Investors and market analysts may closely monitor HPCL's stock performance and any subsequent disclosures to gauge the possible impact of this block trade on the company's shareholding pattern and market dynamics.

Hindustan Petroleum Corporation Ltd., a leading Indian state-owned oil and natural gas company, continues to be a significant player in the country's energy sector. As one of India's Maharatna Central Public Sector Enterprises, HPCL's stock movements often reflect broader trends in the oil and gas industry as well as the overall economic environment.

Historical Stock Returns for Hindustan Petroleum

1 Day5 Days1 Month6 Months1 Year5 Years
-0.57%-0.97%+9.15%+15.98%+23.81%+182.16%
Hindustan Petroleum
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like20
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