Archive · 3 Dec 2025
HPCL Stock Down 8% in 15 Days
HPCL's stock has gone down by 8% in the last 15 days.
This happened because the money they make from selling diesel has decreased.
However, experts think the stock is still reasonably priced and could go up by 31% to reach Rs 590.
They also expect that HPCL will get extra money for selling LPG, which will help their earnings.
The experts believe that the situation with diesel and other fuels will improve in the future, making the stock a good investment.
HPCL stock has corrected 8% from its recent high over the last 15 days.
MOFSL suggests a target price of Rs 590, indicating a 31% potential upside.
Diesel gross marketing margins have declined 18% QoQ and 46% YoY due to higher diesel cracks.
HPCL is expected to receive Rs 660 crore per month in LPG compensation from November 2025 to October 2026.
MOFSL expects a constructive medium-term auto-fuel marketing margin outlook, supported by crude oil assumptions and refining earnings.
- Who
- Hindustan Petroleum Corporation Ltd (HPCL)
- What
- Stock correction and potential upside
- When
- Over the last 15 days and future outlook
- Where
- India
- Why
- Due to changes in diesel gross marketing margins and other factors
- Stock Correction
- 8% in 15 days
- Target Price
- Rs 590
- Potential Upside
- 31%
- LPG Compensation
- Rs 660 crore per month (Nov 2025 - Oct 2026)
- LPG Under-recovery
- Rs 30–40 per cylinder (current), Rs 135 per cylinder (H1FY26)
- Marketing Volume Growth
- 4% CAGR
