Bharat Petroleum Corporation is currently trading at Rs. 380.00, up by 7.00 points or 1.88% from its previous closing of Rs. 373.00 on the BSE.
The scrip opened at Rs. 374.80 and has touched a high and low of Rs. 380.35 and Rs. 368.00 respectively. So far 203154 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 503.00 on 14-Sep-2021 and a 52 week low of Rs. 357.55 on 21-Dec-2021.
Last one week high and low of the scrip stood at Rs. 406.75 and Rs. 370.10 respectively. The current market cap of the company is Rs. 81618.13 crore.
Bharat Petroleum Corporation The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 34.66% and 12.36% respectively.
Bharat Petroleum Corporation (BPCL) has emerged as the successful bidder in 6 Geographical Areas (GA) in 19 districts, for setting up City Gas Distribution (CGD) Networks, post evaluation of technical and financial bids, in the recently concluded 11th bidding round of PNGRB.
The CGD footprints of BPCL, along with its JYs, will now extend to 48 GAs covering 94 Districts in 18 States, across India. Currently, with presence in 63 districts, including prominent cities, BPCL along with its JYs together hold 33% market share in the CGD sector in the Country.
After announcement of results of bidding, BPCL‘s committed investment in CGD network, on a standalone basis, would increase to over Rs 22,000 crore for development of 23 GAs, including Rs 10000 crore for the 6 new GAs.
BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.