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20 February 2017

Hot Pursuit

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17-Feb-2017 (15:28)
Indian Hotels drops on profit booking
17-Feb-2017 (15:00)
HOEC slips on profit booking

Meanwhile, the BSE Sensex was up 184.80 points, or 0.65%, to 28,486.07.

On the BSE, so far 2.38 lakh shares were traded in the counter, compared with average daily volumes of 3.57 lakh shares in the past one quarter. The stock had hit a high of Rs 76.75 and a low of Rs 74.25 so far during the day.

The stock hit a 52-week high of Rs 78.90 on 16 February 2017. The stock hit a 52-week low of Rs 26.55 on 29 February 2016.

The small-cap company has equity capital of Rs 130.49 crore. Face value per share is Rs 10.

Shares of Hindustan Oil Exploration Company (HOEC) rose 8.14% in three trading sessions to settle at Rs 75.70 yesterday, 16 February 2017, from its close of Rs 70 on 13 February 2017.

Shares of HOEC rose 2.37% to end at Rs 75.70 yesterday, 16 February 2017, after the company said it secured two contracts in consortia with Oil India, Prize Petroleum and other private company by the Government of India in the recently concluded bidding for Discovered Small Field Bids Round (DSF 2016). The announcement was made during market hours yesterday, 16 February 2017.

Hindustan Oil Exploration Company (HOEC) reported 30.22% rise in net profit to Rs 4.18 crore on 10.1% rise in net sales to Rs 5.49 crore in Q3 December 2016 over Q3 December 2015.

HOEC has a wholly owned subsidiary, HOEC Bardahl India, engaged in marketing of high performance fuel/engine additives.


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