Bharat Petroleum Corporation is currently trading at Rs. 387.65, up by 2.35 points or 0.61% from its previous closing of Rs. 385.30 on the BSE.
The scrip opened at Rs. 382.20 and has touched a high and low of Rs. 392.30 and Rs. 382.20 respectively. So far 189161 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 549.70 on 21-Nov-2019 and a 52 week low of Rs. 252.00 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 392.30 and Rs. 355.00 respectively. The current market cap of the company is Rs. 84318.85 crore.
The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 32.75% and 14.27% respectively.
Fitch Ratings has revised the outlook on Bharat Petroleum Corporation (BPCL) to negative from stable and affirmed the long term Issuer Default Rating (IDR) at BBB- with the revision of the outlook on sovereign rating of India. The rating assigned by Fitch Ratings to BPCL is BBB- (Negative) in respect of Senior Unsecured Debt- Foreign Currency.
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.