Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Hindustan Oil Exploration share price: Considering today’s high level of Rs 145.75, the stock traded 15.95 per cent higher than its 52-week low of Rs 125.70, hit on September 28, 2022. Yet, it was down 40.55 per cent from its one-year high of Rs 245.15, touched in January this year.

Hindustan Oil Exploration shares jump 5% today; here’s why

Hindustan Oil Exploration Company (HOEC) rallied 3.41% to Rs 143.90 after the company said that it has resumed oil production from D-1 well in its B-80 field, located in western offshore, after arresting a leak in the SCSSV control line.

HOEC gains on resuming oil production at D-1 well

Sharda Cropchem Ltd, Hindustan Oil Exploration Company Ltd, Mazagon Dock Shipbuilders Ltd and Alembic Pharmaceuticals Ltd are among the other gainers in the BSE’s ‘A’ group today, 02 November 2022.

Karnataka Bank Ltd leads gainers in ‘A’ group

Brightcom Group Ltd, IIFL Securities Ltd, Camlin Fine Sciences Ltd and Tata Investment Corporation Ltd are among the other gainers in the BSE’s ‘A’ group today, 14 October 2022.

Hindustan Oil Exploration Company Ltd leads gainers in ‘A’ group

Hindustan Oil Exploration Company rose 1.21% to Rs 163.45 after the board approved a proposal to raised funds by issuing equity shares upto Rs 250 crore.

HOEC rises as board OKs fund raising proposals

Board of Hindustan Oil Exploration approves fund raising and increase in borrowing limits

Chennai Petroleum Corporation Ltd, Network 18 Media & Investments Ltd, Hindustan Oil Exploration Company Ltd and Force Motors Ltd are among the other gainers in the BSE’s ‘A’ group today, 28 June 2022.

Mangalore Refinery And Petrochemicals Ltd leads gainers in ‘A’ group

MRPL, Chennai Petroleum and Hindustan Oil Exploration soared around 8 per cent each. Oil explorers - Oil India and ONGC also logged smart gains in an otherwise weak market.

MRPL, Chennai Petro soar up to 8% as crude oil prices rebound

Hindustan Oil Exploration Company commences oil production and gas sales

The pre-commissioning and safety checks at KGB-Offshore Installation (MOPU) and FSO Prem Pride (FSO) are complete.

Hindustan Oil Exploration stock tumbles 10.5% post announcement on B-80 project

Greenply Industries Ltd, Mahindra Lifespace Developers Ltd, Atul Ltd and Intellect Design Arena Ltd are among the other losers in the BSE’s ‘A’ group today, 01 April 2022.

Hindustan Oil Exploration Company Ltd leads losers in ‘A’ group

Hindustan Oil Exploration Company Limited (HOEC) is engaged in oil and gas exploration. The Company is engaged in offering hydrocarbons and other incidental services.

Hindustan Oil Exploration Company Ltd

Hindustan Oil Exploration Company Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Hindustan Oil Exploration shares jump 5% today; here’s why

HOEC gains on resuming oil production at D-1 well

Karnataka Bank Ltd leads gainers in ‘A’ group

Hindustan Oil Exploration Company Ltd leads gainers in ‘A’ group

HOEC rises as board OKs fund raising proposals

Board of Hindustan Oil Exploration approves fund raising and increase in borrowing limits

Mangalore Refinery And Petrochemicals Ltd leads gainers in ‘A’ group

Hindustan Oil Exploration Company Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Hindustan Oil Exploration shares jump 5% today; here’s why

HOEC gains on resuming oil production at D-1 well

Karnataka Bank Ltd leads gainers in ‘A’ group

Hindustan Oil Exploration Company Ltd leads gainers in ‘A’ group

HOEC rises as board OKs fund raising proposals

Board of Hindustan Oil Exploration approves fund raising and increase in borrowing limits

Mangalore Refinery And Petrochemicals Ltd leads gainers in ‘A’ group

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock