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BPCL moves up on plan to double capacity of Bina refinery to 15 MT

16 Jan 2015 Evaluate

Bharat Petroleum Corporation (BPCL) is currently trading at Rs. 662.55, up by 0.70 points or 0.11% from its previous closing of Rs. 661.85 on the BSE.

The scrip opened at Rs. 663.00 and has touched a high and low of Rs. 673.10 and Rs. 658.05 respectively. So far 43252 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 784.50 on 28-Nov-2014 and a 52 week low of Rs. 325.05 on 16-Jan-2014.

Last one week high and low of the scrip stood at Rs. 691.45 and Rs. 649.95 respectively. The current market cap of the company is Rs. 48095.95 crore.

The promoters holding in the company stood at 54.93% while Institutions and Non-Institutions held 29.16% and 15.90% respectively.

Bharat Petroleum Corporation (BPCL) plans to more than double capacity of its Bina refinery located in Madhya Pradesh state to 15 million tonnes (MT) at a cost of about Rs 23,000 crore.

The company and its partner Oman Oil Corporation will in phase-I raise the capacity of Bina refinery from 6 MT to 7.8 MT at a cost of Rs 3,500 crore by 2018. The capacity would be raised to 15 MT in the second phase at an additional investment of Rs 18,000-20,000 crore.

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
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