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BPCL rises on getting Environment Ministry’s nod for expansion at Kochi facility

Bharat Petroleum Corporation Ltd. | Refineries | Oil & Gas | BSE: 500547 | NSE: BPCL

11 May 2015 Evaluate

Bharat Petroleum Corporation (BPCL) is currently trading at Rs. 749.00, up by 1.65 points or 0.22% from its previous closing of Rs. 747.35 on the BSE.

The scrip opened at Rs. 749.10 and has touched a high and low of Rs. 753.50 and Rs. 747.50 respectively. So far 5457 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 835.00 on 09-Apr-2015 and a 52 week low of Rs. 458.95 on 09-May-2014.

Last one week high and low of the scrip stood at Rs. 792.50 and Rs. 720.45 respectively. The current market cap of the company is Rs. 54039.70 crore.

The promoters holding in the company stood at 54.93% while Institutions and Non-Institutions held 29.83% and 15.24% respectively.

Bharat Petroleum Corporation (BPCL) has received approval from Environment Ministry for Rs 4,588 crore expansion at its refinery facility at Kochi, paving way for its ambitious plans to produce some niche petrochemicals that are mostly imported into the country. The proposed Propylene Derivatives Petrochemical Project (PDPP) consists of three major process units -- acrylic acid, oxo-alcohol and acrylates.

About 329 KTPA of products will be manufactured from 250 KTPA of Propylene feed stock in the PDPP complex. Matching Utilities and off-site facilities are also envisaged as part of the project.

The land required for the project is approximately 132 acres -- 118 acres towards plant facilities and green belt development for presently envisaged products and 14 acres for related future products.

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 0.00 (0.00%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Reliance Industries	1365.10
Indian Oil Corp.	145.85
BPCL	312.05
HPCL	370.95
MRPL	183.20
View more..

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BPCL rises on getting Environment Ministry’s nod for expansion at Kochi facility

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