Bharat Petroleum Corporation Ltd News
BPCL signs ₹31,802-crore loan deal with SBI-led consortium for petrochem, refinery projects
BPCL said the consortium, led by State Bank of India, includes Punjab National Bank, Union Bank of India, Canara Bank, Bank of India, and Export-Import Bank of India.
2 min read17 Jan 2025Shares to buy: Prashanth Tapse of Mehta Equities suggests these three stocks to buy in the short term
Shares to buy: Prashanth Tapse recommends buying these three stocks in the short term - Akums Drugs and Pharmaceuticals Ltd, Premier Energies Ltd, and Bharat Petroleum Corporation Ltd (BPCL).
3 min read20 Dec 2024OMCs poised for strong H2FY25 earnings; IOC, HPCL, BPCL shares remain attractive: Analyst
Emkay Global maintains a “Buy” rating on all three OMCs, with BPCL share price target of ₹405, HPCL target price of ₹475, and IOCL stock price target at ₹185.
2 min read12 Dec 2024Petrol, diesel price cut to marginally hurt marketing earnings of OMCs; JM Financial maintains ‘Sell’ on IOC, HPCL
Fuel price cuts are likely to impact the gross marketing margins (GMM) of OMCs, which analysts see GMM declining to ₹2.2 per liter on diesel and ₹3.5 per liter on petrol, resulting in blended auto-fuel GMM of ₹2.6 per liter.
2 min read15 Mar 2024IOC, HPCL, BPCL shares baking-in high margins, steep premiums, says CLSA; retains Sell on worries over marketing margins
IOC, HPCL and BPCL shares are pricing-in much higher than historical marketing margins, a continuation of near-record refining margins and a notable premium to the global peer average EV/Ebitda multiple, CLSA said.
2 min read22 Feb 2024Reliance, BPCL, HPCL, IOC in a multi-year re-rating and earnings upgrade cycle, says Morgan Stanley
Reliance Industries, BPCL, HPCL and IOCL are in the early days of this re-rating given tight fuel supplies and rising availability of challenged crude, foreign brokerage firm Morgan Stanley said in a report.
2 min read6 Feb 2024BPCL share price jumps 5% after net profit grows 82% in Q3; brokerages remain mixed
BPCL rose as much as 5.1 percent to its 52-week high of ₹517.85. It has now rallied almost 65 percent from its 52-week low of ₹314.10, hit on February 28, 2023. The company reported an 82 percent year-on-year (YoY) surge in its consolidated net profit at ₹3,181.42 crore in Q3FY24.
3 min read30 Jan 2024BPCL Q3 results: Net profit surges 82% to ₹3,181.42 crore
BPCL’s revenue from operations fell to ₹1.30 lakh crore in Q3 of FY24 from ₹1.33 lakh crore a year ago.
1 min read29 Jan 2024Stock market today: BPCL share price trades positive ahead of Q3 results today. Buy or wait?
BPCL Q3 results today: The board of directors of the PSU company is going to consider and approve the un-audited Q3 results 2024
2 min read29 Jan 2024Petrol and diesel prices may see hefty cut soon; all you need to know
State-run oil companies are considering slashing petrol and diesel prices by up to ₹10 per litre next month as the expected profits of ₹75,000 crore in Q3 despite falling crude oil costs.
1 min read17 Jan 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared