The result was announced after market hours on 25 October 2010. The stock had corrected 1.18% to Rs 239.15 on 26 October 2010, but had spurted 5.10% to Rs 251.35 on 27 October 2010.

Meanwhile, the BSE Sensex was up 173.81 points, or 0.87%, to 20,179.18.

On BSE, 27.64 lakh shares were traded in the counter as against an average daily volume of 5.22 lakh shares in the past one quarter.

The stock hit a high of Rs 273 and a low of Rs 253 so far during the day. The stock had hit a 52-week high of Rs 333 on 11 November 2009 and a 52-week low of Rs 165 on 25 May 2010.

The stock had outperformed the market over the past one month till 27 October 2010, gaining 3.46% compared with the Sensex's 0.56% decline. It also outperformed the market in past one quarter, spurting 12.21% as against 10.66% rise in the Sensex.

The mid-cap oil explorer has an equity capital of Rs 130.53 crore. Face value per share is Rs 10.

Hindustan Oil Exploration Company's net sales jumped 446.65% to Rs 67.62 crore in Q2 September 2010 over Q2 September 2009.