Explore Now Prabhudas Lilladher has a buy call on Hindustan Petroleum Corporation (HPCL) with a target price of Rs 404. The current market price of HPCL is Rs 282.85. Hindustan Petroleum Corporation Ltd, incorporated in the year 1952, is a Large Cap company with a market cap of Rs 39946.32 Crore, operating in Gas & Petroleum sector. Hindustan Petroleum Corporation Ltd's key Products/Revenue Segments include Refinery, Rent and Other Operating Revenue for the year ending 31-Mar-2019. Investment Rationale Prabhudas Lilladher tweaked its FY22/23E estimates for HPCL, as it incorporates actual FY21 numbers and share buyback. In FY21, core standalone EBIDTA adjusted for inventory and forex gains was at Rs71.2 billion (-30 per cent YoY), due to weak marketing and refining profits.