Bharat Petroleum Corporation is currently trading at Rs. 476.50, up by 6.85 points or 1.46% from its previous closing of Rs. 469.65 on the BSE.
The scrip opened at Rs. 474.00 and has touched a high and low of Rs. 479.45 and Rs. 470.20 respectively. So far 265442 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 482.00 on 26-Sep-2019 and a 52 week low of Rs. 239.00 on 05-Oct-2018.
Last one week high and low of the scrip stood at Rs. 482.00 and Rs. 412.00 respectively. The current market cap of the company is Rs. 103625.20 crore.
The promoters holding in the company stood at 53.29%, while Institutions and Non-Institutions held 31.74% and 14.96% respectively.
The government is considering a proposal to sell Bharat Petroleum Corporation (BPCL) to foreign and private firms but the privatization plan will need a prior nod of Parliament. The government is mulling to sell most of its 53.3 percent stake in BPCL to a strategic partner.
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.
