Maharatna PSU To Pay Maha Dividend of Rs 10.50: Key Record Date In August; What’s Now For Traders?

With its headquarters located in Mumbai, Hindustan Petroleum Corporation Limited (HPCL) is a public sector enterprise in the petroleum and natural gas sector in India. One of India's largest energy companies, Hindustan Petroleum Corporation Limited (HPCL), is a "Maharatna" CPSE that refines crude oil and sells a range of petroleum products, including lubricants, diesel, petrol, and LPG. The record date for HPCL's substantial dividend payment of Rs 10.50 is approaching in August. Following the Q4 results, traders may set up their trades as follows.

HPCL Dividend

The Board of Directors has declared a dividend of Rs. 10.50/- per share on face value of equity shares of Rs.10 each for the financial year 2024-25. August 14, 2025 has been fixed as the record date for above-said dividend.

"It is further informed that the aforesaid Final Equity Dividend of Rs. 10.50/- per equity share having face value of Rs. 10/- is subject to the approval of the shareholders of the Company. The same would be paid within 30 days from the date of declaration at the ensuing AGM," said HPCL in a stock exchange filing.

HPCL Q4 Results

The standalone net profit of Hindustan Petroleum Corporation Limited (HPCL) increased by 18% to Rs 3,355 crore for the quarter that ended on March 31, 2025, from Rs 2,843 crore for the same period the previous year. Revenue from operations for HPCL fell by 2% to Rs 1,18,334 Cr in Q4FY25 from Rs 1,21,533 Cr in Q4FY24. In the fourth quarter of FY24, the company's gross refining margin (GRM) was US$ 8.44 per barrel, up from US$ 6.95 per barrel in the year-ago quarter. EBITDA was Rs 5,803.8 crore, a 2.8% drop from Rs 5,970 crore in the year-ago quarter.

HPCL Share Price Target

"HPCL is trading in a narrow range and is close to a key resistance zone at ₹405. Support is strong around ₹385, and further down at ₹380. If it breaks above ₹405 with good volume, it could rally up to ₹420. The RSI is near 57, indicating modest strength. Until it breaks out, the stock may remain range-bound. Traders can consider entering if ₹405 is crossed or on dips closer to ₹385 with a stop loss below ₹380," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.