Hindustan Petroleum Corporation Limited has informed the Exchange about General Updates

Capex above 10% of net worthCapex & Operations View source PDF Explain this filing

HINDPETRO · price

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Price reactionminutes from the announcement price · days from the prior close

+1.8%Reaction day

₹372.30

prior close

₹369.00

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.1%+1.9% vs market

Refineries & Marketing peers, median of 11sector+0.0%+1.8% vs sector

On the reaction day the stock moved 1.9 pts more than Nifty Midcap 150 and 1.8 pts more than its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.9

10m

+1.1

15m

+0.4

30m

-0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.8-0.1+1.9+0.0+1.8

Next day

+3.1+0.4+2.7-0.7+3.9

+2.1+0.7+1.5+0.8+1.4

+1.4+0.2+1.1-0.4+1.8

+0.7-0.8+1.4-1.6+2.3

+2.6+0.7+1.9-1.6+4.2

+2.3+0.8+1.6-0.8+3.2

15d

-0.4-0.4-0.0-2.6+2.1

+2.9+1.9+1.0-5.4+8.3

+5.4+4.7+0.8-2.9+8.4

+8.7+4.7+4.0-6.4+15.1

UpDownMarket · Nifty Midcap 150Sector · Refineries & Marketing peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

HPCL has received approval from the Ministry of Petroleum & Natural Gas to revise the cost of its HPCL Rajasthan Refinery Limited (HRRL) project upward from Rs. 43,129 crore to Rs. 79,459 crore, an increase of about 84%. To maintain its 74% equity stake in the project, HPCL's equity investment has been set at Rs. 19,600 crore. HRRL is a greenfield integrated refinery and petrochemical complex with a high Nelson Complexity Index of 17 and petrochemical intensity of 26%. The project is currently in an advanced stage of commissioning, with trial runs of the crude distillation unit (CDU) and other units underway.

Likely market impact

The sharp cost escalation signals significant project overruns and increases HPCL's committed equity outflow, which could pressure cash flows and future returns on this investment. However, nearing commissioning offers long-term revenue potential once operations stabilize.