Hindustan Petroleum Corp Ltd - Company Profile
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Hindustan Petroleum Corp Ltd (HPCL) a subsidiary of Oil and Natural Gas Corp Ltd, is a downstream oil and gas company that carries out refining of crude oil and marketing of petroleum products. It also has presence in exploration and production of oil and gas. India-wide marketing network and leading pipeline operations coupled with refining capability strengthened the company’s business, even as working capital deficit is a cause for concern. Outlook for global liquid fuels consumption, contracts and agreements and growth initiatives could provide the company growth opportunities. However, intense competition, operational risks and fluctuation in oil and gas prices could affect its operations.
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