Bharat Petroleum Corporation (BPCL) is currently trading at Rs. 373.45, up by 8.35 points or 2.29% from its previous closing of Rs. 365.10 on the BSE.
The scrip opened at Rs. 367.90 and has touched a high and low of Rs. 375.60 and Rs. 362.35 respectively. So far 572305 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 550.00 on 30-Oct-2017 and a 52 week low of Rs. 324.25 on 12-Sep-2018.
Last one week high and low of the scrip stood at Rs. 375.60 and Rs. 338.25 respectively. The current market cap of the company is Rs. 80782.97 crore.
The promoters holding in the company stood at 53.89%, while Institutions and Non-Institutions held 31.44% and 14.67% respectively.
BPCL's Bina Refinery in an equal Joint Venture (JV) with Oman Oil Company has shelved its IPO plans for the company as it generates enough cash to complete the ongoing expansion and as also because Kuwaiti Petroleum is keen to pick up a stake. The 1,20,000 barrels-a-day Bina Refinery is shut since mid-August for 45 days to synchronise the newly set up units with the existing facility which will raise the capacity to 1,56,000 bpd.
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.
