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BPCL gains on offering VRS to employees ahead of privatisation

27 Jul 2020 Evaluate
Bharat Petroleum Corporation is currently trading at Rs. 459.00, up by 10.70 points or 2.39% from its previous closing of Rs. 448.30 on the BSE.

The scrip opened at Rs. 455.00 and has touched a high and low of Rs. 466.50 and Rs. 444.20 respectively. So far 511485 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. 480.80 and Rs. 435.05 respectively. The current market cap of the company is Rs. 100154.40 crore.

The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 33.29% and 13.73% respectively.

Bharat Petroleum Corporation (BPCL) has brought a voluntary retirement scheme (VRS) for its employees ahead of the government privatising the country's third biggest oil refiner and second-largest fuel retailer. The 'Bharat Petroleum Voluntary Retirement Scheme - 2020 (BPVRS-2020)' opened on July 23 and will close on August 13.
 
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

306.55 -3.25 (-1.05%)
24-Apr-2026 12:49 View Price Chart
Peers
Company Name CMP
Reliance Industries 1330.30
Indian Oil Corp. 143.50
BPCL 306.55
HPCL 372.55
MRPL 188.35
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