Bharat Petroleum share rise 11 percent
Bangalore: Bharat Petroleum Corporation (BPCL) stock was among the top gainers after its price went up by 11 percent. After opening the day at 
699, the stock touched its 52 week high of 781.05, before closing trade at 697.85, with a gain of 11 percent. Through the day, 2036824 shares of BPCL were traded in the market. The 52 week stock price chart is on the left.
BPCL is engaged in the petroleum industry in India. During the fiscal year ended March 31, 2009 (fiscal 2009), the aggregate refinery throughput at BPCL's Refineries at Mumbai and Kochi, along with that of BPCL's subsidiary company, Numaligarh Refinery (NRL), was 22.20 million metric tons (MMT). The Company is engaged in downstream petroleum sector, which consists of refining and marketing activities. BPRL has participating interests in nine exploration blocks. BPRL also has participating interests in five blocks in the United Kingdom, Australia and Oman. Its subsidiaries include Bharat PetroResources JPDA Limited, BPRL International BV, BPRL Ventures BV and BPRL Ventures Mozambique BV.
BPCL holds 61.65 percent interest in NRL as on March 31, 2009. Bharat Petro Resources (BPRL), a 100 percent subsidiary of the Corporation, holds 50 percent equity in VB (Brazil) Petroleo, a joint venture company. Out of 29 analysts, following the stock, eight are recommending that the stock will underperform. The consensus recommendation is to hold the stock.
699, the stock touched its 52 week high of 781.05, before closing trade at 697.85, with a gain of 11 percent. Through the day, 2036824 shares of BPCL were traded in the market. The 52 week stock price chart is on the left.
BPCL is engaged in the petroleum industry in India. During the fiscal year ended March 31, 2009 (fiscal 2009), the aggregate refinery throughput at BPCL's Refineries at Mumbai and Kochi, along with that of BPCL's subsidiary company, Numaligarh Refinery (NRL), was 22.20 million metric tons (MMT). The Company is engaged in downstream petroleum sector, which consists of refining and marketing activities. BPRL has participating interests in nine exploration blocks. BPRL also has participating interests in five blocks in the United Kingdom, Australia and Oman. Its subsidiaries include Bharat PetroResources JPDA Limited, BPRL International BV, BPRL Ventures BV and BPRL Ventures Mozambique BV.
BPCL holds 61.65 percent interest in NRL as on March 31, 2009. Bharat Petro Resources (BPRL), a 100 percent subsidiary of the Corporation, holds 50 percent equity in VB (Brazil) Petroleo, a joint venture company. Out of 29 analysts, following the stock, eight are recommending that the stock will underperform. The consensus recommendation is to hold the stock.