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Bharat Petroleum Corporation Ltd slips for fifth straight session

Capital Market 

Bharat Petroleum Corporation Ltd is quoting at Rs 316.8, down 3.36% on the day as on 13:24 IST on the NSE. The stock tumbled 11.45% in last one year as compared to a 6.29% slide in NIFTY and a 11.07% fall in the Nifty Energy index.

Bharat Petroleum Corporation Ltd dropped for a fifth straight session today. The stock is quoting at Rs 316.8, down 3.36% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.59% on the day, quoting at 10853.9. The Sensex is at 36867.62, down 0.52%.Bharat Petroleum Corporation Ltd has lost around 11.77% in last one month.Meanwhile, Nifty Energy index of which Bharat Petroleum Corporation Ltd is a constituent, has eased around 9.1% in last one month and is currently quoting at 14221.45, down 1.2% on the day. The volume in the stock stood at 19.68 lakh shares today, compared to the daily average of 34 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 317.35, down 3.41% on the day. Bharat Petroleum Corporation Ltd tumbled 11.45% in last one year as compared to a 6.29% slide in NIFTY and a 11.07% fall in the Nifty Energy index.

The PE of the stock is 12.05 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, August 22 2019. 13:36 IST
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