HPCL jumps on commissioning world's 1st LC-Max Unit at HPCL Visakh RefineryHPCL jumps on commissioning world's 1st LC-Max Unit at HPCL Visakh Refinery

Introduction

Leading Indian oil refinery commissions a 3.55 MMTPA Residue Upgradation Facility at Visakh Refinery, increases distillate yield by 10%, processes heavier crudes, improves Gross Refining Margins, Nelson Complexity Index rises to 11.6.

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Share price movement of HPCL

On January 5, 2026, Hindustan Petroleum Corporation Ltd opened at ₹495.70, up 0.09% from its previous close of ₹495.75. The stock reached a high of ₹508.45 (2.57%) and a low of ₹495.10. By 11:12 AM, it traded at ₹506.40, a 2.15% increase, with a market cap of ₹1,07,752.93 crore.

HPCL Commissions LC-Max Unit at Vizag Refinery

HPCL has commissioned a Residue Upgradation Facility at its 15 MMTPA Visakh Refinery. The 3.55 MMTPA unit uses LC-Max technology, converting about 93 percent bottom oils into high-value products.

The facility enables up to 10 percent increase in distillate yield from pre-expansion levels. Gross Refining Margins are expected to improve due to better product mix and heavier crude processing capability.

Middle-distillate output will increase, reducing reliance on external sourcing. The Nelson Complexity Index rises to 11.6. The LC-Max digital suite supports optimized operations, yield control, and sustained margin management.

Stock performance of HPCL for Period of 1 week, 6 months, and 1 year

Hindustan Petroleum Corporation Ltd delivered a 4.58% return over the past week, gained 11.3% in the past six months, and rose 20.0% over the past year.

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Shareholding pattern of HPCL

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	54.90%	54.90%	54.90%
FII	14.50%	13.60%	12.60%
DII	22.20%	23.20%	23.60%
Public	8.40%	8.40%	9.00%

About HPCL

Hindustan Petroleum Corporation Ltd (NSE: HINDPETRO) is engaged in crude oil refining, marketing petroleum products, producing hydrocarbons, and providing management services for E&P blocks, operating across India with a strong downstream and upstream presence.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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