LARGECAP OMC SIGNS LONG TERM LNG AGREEMENT WITH ADNOC GAS

has signed a long-term agreement with Abu Dhabi Gas Liquefaction Company (a wholly owned subsidiary of ADNOC Gas) for the purchase of Liquefied Natural Gas (LNG). The agreement spans a period of 10 years, marking a major step in strengthening India’s natural gas supply framework. As per the arrangement, LNG will be delivered to HPCL’s storage and regasification terminal at Chhara in Gujarat. The gas will be utilised across HPCL’s refineries and City Gas Distribution (CGD) networks, while also catering to key industries such as fertilizers, power generation and petrochemicals. The company has recently reported robust Q3FY26 numbers with sales growth of 4% and profit growth of 58% as compared to the same period last year. It's stock is currently trading at an attractive P/E of 5.74 making it a good opportunity for long term investing.