A Study on Financial Performance of Hindustan Petroleum Corporation Limited
Journal Title: International Journal of Interdisciplinary and Multidisciplinary Studies (IJIMS) - Year 2015, Vol 2, Issue 5
Abstract
The oil and Gas sector is one of the important sector among six crore industries in India. It has its strategic importance and plays a pivotal role in influencing the economy of our country.The foundation of the oil & Gas industry in India was laid by the industrial policy Resolution, 1954, when the government announced that petroleum would be the core sector industry.India is the fourth largest energy consumer (2013) of oil & gas in the world, accounting for 37% of total energy consumption.The country has 5.7 billion barrels of proven oil reserves. It has 47.8 trillion cubic feet (TCF) of gas reserves and produced 33.7 billion cubic meter (BCM) of gas in 2013.Hindustan Petroleum Corporation Limited (HPCL) is an Indian state-owned oil and natural gas company headquarters at Mumbai, Maharashtra and with Navratna status. HPCL has been ranked at 260th in the Fortune Global 500 rankings of the world’s biggest corporation (2013) and 4th among India’s companies for the year 2012. In this paper a study has been made on the profitability, solvency and the liquidity position of Hindustan Petroleum Corporation Ltd.
Authors and Affiliations
C. Karthick, P. Kasthuri
Keywords
Related Articles
- EP ID EP30893
- DOI -
- Views 255
- Downloads 0
A study on customers’ preference and satisfacion towards Big Bazaar with reference to Coimbatore city of India
The project “A study on customer’s preference and satisfaction towards big bazaar with reference to Coimbatore city” clearly states than how they customers prefer big bazaar for their purchase. The main objective of the...
Review on Industrial Process Validation of Tablet Dosage Form
Validation is one of the important steps in achieving and maintaining quality of the final product. The validation is a Fundamental segment that supports to a commitment of company towards quality assurance. It also ass...
In silico Herbal Bioprospection targeting Multi-drug resistant Pseudomonas aeruginosa
The re-emerging drug resistant strains of Pseudomonas aeruginosa require novel drug development strategies. A 3-step matrix based herbal bioprospection approach was devised to identify potential herbal leads targeting p...
Skill mapping towards enhancing employability among final year Graduate and Post graduate students (A case study of some selected instututions in Sambalpur and Shillong)
By 2020, India is set to become the world’s youngest country with 64 per cent of its population in the working age group. Recognizing this as a challenge as well an opportunity, the Twelfth Plan strategy in India hinge...
A Reflection of French Feminism in Mallika Sengupta’s poetry
Feminist writings have been one of the modes of challenging patriarchal dominance over the female body and subjectivity. Woman has been constantly reacting to the phallocentirc politics and willing to replenish the exis...