Bharat Petroleum Corporation is currently trading at Rs. 380.70, up by 2.10 points or 0.55% from its previous closing of Rs. 378.60 on the BSE.
The scrip opened at Rs. 378.60 and has touched a high and low of Rs. 381.15 and Rs. 374.50 respectively.
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. 394.15 and Rs. 372.15 respectively. The current market cap of the company is Rs. 82127.91 crore.
The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 32.75% and 14.27% respectively.
Bharat Petroleum Corporation (BPCL) is planning to raise up to Rs 3,000 crore during the current financial year 202021 (FY21) through private placement of unsecured nonconvertible debentures (NCDs) subject to market conditions. The debentures are proposed to be listed on Debt Market segment of the BSE and NSE. The details of the issue viz., class of investors, issue price, tenor, interest rate etc. will depend on the market conditions which will be intimated on crystallization of the issue.
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.
