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Bharat Petroleum Corporation Ltd stays well supported

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Capital Market

Bharat Petroleum Corporation Ltd is quoting at Rs 361.45, up 3.24% on the day as on 12:54 IST on the NSE. The stock is up 1.1% in last one year as compared to a 22.29% drop in NIFTY and a 25.38% drop in the Nifty Energy index.

Bharat Petroleum Corporation Ltd is up for a third straight session in a row. The stock is quoting at Rs 361.45, up 3.24% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.84% on the day, quoting at 9159.6. The Sensex is at 31241.44, up 1.8%. Bharat Petroleum Corporation Ltd has dropped around 0.88% in last one month.

 

Meanwhile, Nifty Energy index of which Bharat Petroleum Corporation Ltd is a constituent, has dropped around 9.75% in last one month and is currently quoting at 11830.65, up 2.21% on the day. The volume in the stock stood at 38.81 lakh shares today, compared to the daily average of 101.4 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 359.05, up 2.26% on the day. Bharat Petroleum Corporation Ltd is up 1.1% in last one year as compared to a 22.29% drop in NIFTY and a 25.38% drop in the Nifty Energy index.

The PE of the stock is 10.59 based on TTM earnings ending December 19.

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First Published: Apr 15 2020 | 1:05 PM IST

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