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BPCL gains on plan of big investment in Mumbai refinery

06 May 2014 Evaluate

Bharat Petroleum Corporation is currently trading at Rs 470.05, up by 2.10 points or 0.45% from its previous closing of Rs 467.95 on the BSE.

The scrip opened at Rs 470.10 and has touched a high and low of Rs 474.35 and Rs 467.00 respectively. So far 25617 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 493.30 on 23-Apr-2014 and a 52 week low of Rs 256.00 on 06-Aug-2013.

Last one week high and low of the scrip stood at Rs 474.60 and Rs 442.20 respectively. The current market cap of the company is Rs 34100.65 crore.

The promoters holding in the company stood at 54.93% while Institutions and Non-Institutions held 28.13% and 16.94% respectively.

Bharat Petroleum Corporation  (BPCL) is planning to invest Rs 1,419 crore in replacing an old crude processing unit at its 12 million tons a year Mumbai refinery by May 2015. The company is also planning to install a new crude and vacuum distillation unit of 6 million tons per annum capacity as a replacement of old crude and vacuum units. Old units will be disposed off post stabilization of the new plant.

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.

 

BPCL Share Price

312.05 4.05 (1.31%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1365.10
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BPCL 312.05
HPCL 370.95
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