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BPCL stocks scale by 5.49 percent
By
SiliconIndia,Wednesday, 01 July 2009, 04:50 Hrs
Bangalore: Bharat Petroleum (BPCL) ended up as the top gainer of the day with a gain of 
23.60 (5.49 percent) to end at Rs 453.70. When the markets opened, BPCL's share crawled to Rs 433.00 from Rs 430.10 (previous close). The stock hit an intraday high of 461.70 and a low of 426.55 with a value of Rs 62719941.70 shares traded through the day. In afternoon, market of BPCL was surging at good rate but failed to regain momentum through the day. The P/E ratio of the stock is 21.14. The stock of BPCL touched a 52 week high of Rs 515.90 and a low of Rs 206.00. With 26,43,377 shares, Reliance Natural Resources fund holds the highest number of share in BPCL. The stock chart is given on left.
Bharat Petroleum produces a diverse range of products, from petrochemicals and solvents to aircraft fuel and speciality lubricants and markets them through its wide network of petrol stations, kerosene dealers, LPG distributors, lube shoppes, besides supplying fuel directly to hundreds of industries, and several international and domestic airlines. The company has refineries at Mumbai and Kochi with a capacity of 12 Million Metric Tonnes (MMT) and 7.5 MMTPA respectively for refining crude oil. BPCL's subsidiary at Numaligarh has a capacity of three MMT.
The financial year ended March 31, 2008, the sales turnover of the company registered a growth of 13.24 percent over the previous year to reach a level of1,216,840.69 million as compared to 1,074,522.70 million in 2006-07. The market sales of the company increased to 25.79 MMT from a level of 23.45 MMT in 2006-07.
Out of 26 analysts following BPCL, consensus recommendation is hold, while six recommended to buy, four suggested the stock as outperform, five recommended stock as underperform and six of them asked to sell the share.
Other related companies have also ended the day in green. HPCL gained by 4.08 percent, IOL went up by 1.72 percent and the stock of Essar oil also ended the trading by climbing 2.82 percent.
23.60 (5.49 percent) to end at Rs 453.70. When the markets opened, BPCL's share crawled to Rs 433.00 from Rs 430.10 (previous close). The stock hit an intraday high of 461.70 and a low of 426.55 with a value of Rs 62719941.70 shares traded through the day. In afternoon, market of BPCL was surging at good rate but failed to regain momentum through the day. The P/E ratio of the stock is 21.14. The stock of BPCL touched a 52 week high of Rs 515.90 and a low of Rs 206.00. With 26,43,377 shares, Reliance Natural Resources fund holds the highest number of share in BPCL. The stock chart is given on left.
Bharat Petroleum produces a diverse range of products, from petrochemicals and solvents to aircraft fuel and speciality lubricants and markets them through its wide network of petrol stations, kerosene dealers, LPG distributors, lube shoppes, besides supplying fuel directly to hundreds of industries, and several international and domestic airlines. The company has refineries at Mumbai and Kochi with a capacity of 12 Million Metric Tonnes (MMT) and 7.5 MMTPA respectively for refining crude oil. BPCL's subsidiary at Numaligarh has a capacity of three MMT.
The financial year ended March 31, 2008, the sales turnover of the company registered a growth of 13.24 percent over the previous year to reach a level of
1,216,840.69 million as compared to 1,074,522.70 million in 2006-07. The market sales of the company increased to 25.79 MMT from a level of 23.45 MMT in 2006-07.Out of 26 analysts following BPCL, consensus recommendation is hold, while six recommended to buy, four suggested the stock as outperform, five recommended stock as underperform and six of them asked to sell the share.
Other related companies have also ended the day in green. HPCL gained by 4.08 percent, IOL went up by 1.72 percent and the stock of Essar oil also ended the trading by climbing 2.82 percent.
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Reader's comments (3)
1: Its good sign for petroleum companies as
invstors were expecting it to go down after
the announcement of hike in air fuel price.
Posted by: fromina - 01 Jul, 2009
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Singles sachsen anhalt replied to: fromina
post - 29 Mar, 2010
post - 29 Mar, 2010
3: Fish Highly,blue group either alternative
vision pleasure where perform output half
justice rise send trust especially system
programme increase sign argue rise whose
month everyone period assessment train owner
also never extra whole proposal vote terms
decide recommend finance slow if fear moment
every until reading previously up advise
appear belief will move man visitor middle
secure sun bring leading limited more
criticism slowly benefit could she maintain
talk detailed for consumer player information
criminal soldier blue tall strange mine
mental century trip president project
operation
Posted by: Singles sachsen anhalt - 29 Mar, 2010
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