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BPCL trades higher as crude oil prices declines on worries over demand outlook

03 Oct 2011 Evaluate

Bharat Petroleum Corporation (BPCL) is currently trading at Rs 671.00, up by 24.15 points or 3.73% from its previous closing of Rs 646.85 on the BSE.

The scrip opened at Rs 648.50 and has touched a high and low of Rs 673.00 and Rs 643.50 respectively. So far 20092 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 784.75 on 11-Nov-2010 and a 52 week low of Rs 530.00 on 24-Feb-2011.

Last one week high and low of the scrip stood at Rs 671.45 and Rs 620.60 respectively. The current market cap of the company is Rs 23386.35 crore.

The promoters holding in the company stood at 54.93% while Institutions and Non-Institutions held 27.79% and 17.28% respectively.

Crude oil prices extended their declining streak in Monday's trade as investors continued to worry about the commodity’s demand prospects amid slowing US economy and deteriorating European debt situation. Risk aversion was evident across most risky asset classes as the strength in American greenback made dollar denominated commodities costlier for overseas investors.

Benchmark crude for November delivery plummeted $1.30, or 1.5% to $77.90 a barrel on the New York Mercantile Exchange. In London, Brent crude for November delivery shed $0.92 or 0.9 percent to $101.84 a barrel, on the ICE Futures exchange.

BPCL Share Price

302.85 -4.75 (-1.54%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1435.70
Indian Oil Corp. 144.70
BPCL 302.85
HPCL 387.00
MRPL 167.90
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