Stock Report

HPCL modernises ERP system to leverage its digital initiatives



Posted On : 2023-07-05 23:21:52( TIMEZONE : IST )

HPCL modernises ERP system to leverage its digital initiatives

Hindustan Petroleum Corporation Limited (HPCL) has successfully implemented the ERP Modernisation Project effective July 2023. This project is one of the biggest and complex brownfield implementation of S/4 HANA in the global oil and gas industry which was completed in a record time.

The implementation of this project exhibits the vision of HPCL to offer a strong platform from which innovations and enhancements can more easily be delivered to customers and employees.

The new ERP SAP S/4HANA will help HPCL to integrate better with modern applications and systems, leverage the data for analytics and thereby driving the decisions towards optimized and efficient business processes. It helps HPCL re-define business processes, optimize operations, enhance effectiveness, and scale up supply chain management to higher level.

Shares of Hindustan Petroleum Corporation Limited was last trading in BSE at Rs. 290.75 as compared to the previous close of Rs. 279.20. The total number of shares traded during the day was 413278 in over 9820 trades.

The stock hit an intraday high of Rs. 292.10 and intraday low of 276.50. The net turnover during the day was Rs. 118031380.00.

Source : Equity Bulls

Keywords

HindustanPetroleumCorporation INE094A01015 ERPModernisationProject SuccessfulImplementation HPCL