Hindustan Petroleum Shares Fall for Fifth Straight Session, Quotes at Rs 478.65

New Delhi: Hindustan Petroleum Corporation Ltd (HPCL) continued its downward trend, falling for the fifth straight session on January 7, 2026. The stock was trading at Rs 478.65, down 0.77% on the day as of 13:19 IST on the NSE.

The broader market was slightly down, with the NIFTY falling 0.31% to 26,098.7 and the Sensex at 84,796.27, also down 0.31%. Despite the recent decline, HPCL has gained 7.33% over the past month, outperforming the Nifty Energy Index, which rose 3.63% in the same period.

Over the last year, HPCL shares have jumped 22.31%, significantly higher than NIFTY’s 10.17% rally and the Nifty Energy Index’s 1.54% increase. The stock’s PE ratio stands at 7.02 based on trailing twelve months earnings ending September 2025.

The stock saw a trading volume of 14.04 lakh shares, below its one-month daily average of 37.2 lakh shares, indicating cautious investor sentiment. Meanwhile, the benchmark January futures contract for HPCL is quoting at Rs 480.1, down 0.83% on the day.

Analysts say the short-term decline reflects profit-booking pressure, while the long-term fundamentals of HPCL remain strong, supported by its strategic position in India’s energy sector.