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Bharat Petroleum Corporation Ltd News

RIL, Paytm, HDFC Bank, BPCL: Trading strategies for stocks post Q1 results

Technical charts suggest that Paytm is likely to trade with a favourable bias; while others may display a subdued trend in the near-term.

RIL, Paytm, HDFC Bank, BPCL: Trading strategies for stocks post Q1 results
Updated On : 22 Jul 2024 | 10:03 AM IST

Nomura picks BPCL as top OMC stock on attractive valuation; sees 21% upside

Analysts said BPCL reported a robust performance in the June quarter (Q1FY25) despite a challenging environment.

Nomura picks BPCL as top OMC stock on attractive valuation; sees 21% upside
Updated On : 22 Jul 2024 | 9:27 AM IST

PSU refiner BPCL expects further cuts in oil OSPs as fuel margins drop

Indian refiners have also raised imports of Russian crude sold at discounts after Western nations imposed a raft of sanctions against Moscow for its invasion of Ukraine

PSU refiner BPCL expects further cuts in oil OSPs as fuel margins drop
Updated On : 20 Jul 2024 | 2:33 PM IST

BPCL Q1 results: Consolidated net profit falls 73% to Rs 2,842 crore

Gross refining margins fell to $7.86 per barrel even as market sales rose

BPCL Q1 results: Consolidated net profit falls 73% to Rs 2,842 crore
Updated On : 19 Jul 2024 | 7:53 PM IST

BPCL Q1 results: Net profit declines 71% to Rs 3,015 cr on higher costs

The state-owned firm's standalone net profit fell 71% to 30.15 billion rupees (around $360 million) for the three months ended June 30

BPCL Q1 results: Net profit declines 71% to Rs 3,015 cr on higher costs
Updated On : 19 Jul 2024 | 4:16 PM IST

IGL, MGL, Guj Gas likely to outperform OMCs; Charts show up to 17% upside

Oil & Gas stocks outlook: Indraprastha Gas and Mahanagar Gas are awaiting a breakout from a narrow trading band, show technical charts.

IGL, MGL, Guj Gas likely to outperform OMCs; Charts show up to 17% upside
Updated On : 15 Jul 2024 | 12:56 PM IST

RVNL surpasses BPCL, PNB in market cap ranking; stock zooms 54% in 1 week

At 11:50 am; with Rs 1.33 trillion market cap, RVNL was trading 4.5% higher at Rs 638.25 on the BSE, while, BPCL and PNB's market cap stood at nearly Rs 1.32 trillion, data shows.

RVNL surpasses BPCL, PNB in market cap ranking; stock zooms 54% in 1 week
Updated On : 11 Jul 2024 | 12:22 PM IST

BPCL ready to invest Rs 1 trn in Andhra Pradesh: Industries minister Bharat

Andhra Pradesh Industries Minister TG Bharat on Wednesday said Bharat Petroleum Corporation Ltd (BPCL) is ready to invest Rs 1 lakh crore in the state, which could include the setting up of an oil refinery. The Industries Minister accompanied a BPCL delegation led by its chairman and managing director G Krishna Kumar to meet Chief Minister N Chandrababu Naidu at the Secretariat in Amaravati on Wednesday. According to Bharat, BPCL officials told Naidu that the company is ready to invest massively in the state and discussed primarily about setting up an oil refinery. "BPCL is ready to invest Rs 1 lakh crore in the state. Initially, it will invest between Rs 50,000 crore and Rs 75,000 crore," said Bharat in an official press release. Later, the oil marketing major is keen to raise its investments to Rs 1 lakh crore, he said, adding that BPCL is looking at three places to zero in on the probable location to set up the oil refinery. After 90 days, the minister noted that BPCL delegatio

BPCL ready to invest Rs 1 trn in Andhra Pradesh: Industries minister Bharat
Updated On : 11 Jul 2024 | 12:02 AM IST

Bharat Petroleum, Vitol Asia among eight bidders for Sri Lanka LPG terminal

Litro holds the largest market share in Sri Lanka's duopoly LPG market that is mostly focused on domestic gas supplies

Bharat Petroleum, Vitol Asia among eight bidders for Sri Lanka LPG terminal
Updated On : 08 Jul 2024 | 7:14 PM IST

BPCL to shut 6 MTPA crude unit at Kochi refinery for one-month maintenance

BPCL also plans to expand the Bina refinery's capacity from the current 7.8 MTPA to 11 MTPA by mid-2027

BPCL to shut 6 MTPA crude unit at Kochi refinery for one-month maintenance
Updated On : 27 Jun 2024 | 12:21 PM IST

Bankers back BPCL Rs 32k cr loan, cautious on Vodafone Idea's Rs 23k loan

Bankers sentiments differ on loans sought by state-backed oil giant BPCL and telecom major Vodafone Idea, which cumulatively amount to Rs 55,000 crore

Bankers back BPCL Rs 32k cr loan, cautious on Vodafone Idea's Rs 23k loan
Updated On : 21 Jun 2024 | 12:58 PM IST

BPCL to invest Rs 1,400 cr to set up sustainable aviation fuel facilities

The company operates three refineries located in Mumbai, Kochi, and Bina (Madhya Pradesh), with collectively refining capacity of 35.3 million metric tonnes per annum

BPCL to invest Rs 1,400 cr to set up sustainable aviation fuel facilities
Updated On : 18 Jun 2024 | 2:09 PM IST

Bharat Petroleum seeks Rs 31,000 crore loan for Bina refinery expansion

SBI Capital Markets has been appointed to secure the loan required for Bina refinery expansion, which is estimated to cost nearly Rs 20,000 crore

Bharat Petroleum seeks Rs 31,000 crore loan for Bina refinery expansion
Updated On : 13 Jun 2024 | 12:33 PM IST

State-owned BPCL planning to set up new refinery worth Rs 50,000 crore

The state-run oil marketing company will invest around Rs 50,000 crore in the project and is currently assessing locations in three states - Andhra Pradesh, Uttar Pradesh, and Gujarat

State-owned BPCL planning to set up new refinery worth Rs 50,000 crore
Updated On : 11 Jun 2024 | 10:29 AM IST

India summer temperature hits 50 degrees: 5 cool stocks for your portfolio

Infra stocks such as - Larsen & Toubro, Adani Ports, BPCL, Ashok Leyland and Container Corporation of India can rally up to 17 per cent, technical charts suggests.

India summer temperature hits 50 degrees: 5 cool stocks for your portfolio
Updated On : 29 May 2024 | 11:48 AM IST

State-owned retailers IOC, BPCL, HPCL post Rs 81,000 cr profit in FY24

State-owned fuel retailers Indian Oil Corporation, Bharat Petroleum Corporation Ltd and Hindustan Petroleum Corporation Ltd reported bumper profits totalling about Rs 81,000 crore in FY24, which far exceeded their annual earning in pre-oil crisis years. The combined standalone net profit of IOC, BPCL and HPCL in April 2023 to March 2024 (FY24) was better than their annual earning of Rs 39,356 crore in pre-oil crisis years, regulatory filings by them showed. All the three companies posted the highest ever standalone as well as consolidated net profit in FY24. The retailers have resisted calls to revert to daily price revision and pass on softening in rates to consumers on grounds that prices continue to be extremely volatile - rising on one day and falling on the other - and that they needed to recoup losses incurred in the year when they kept rates lower than cost. IOC in 2023-24 posted a standalone net profit of Rs 39,618.84 crore, according to the company's regulatory filing. Thi

State-owned retailers IOC, BPCL, HPCL post Rs 81,000 cr profit in FY24
Updated On : 12 May 2024 | 11:52 AM IST

BPCL stock surges 5% on 1:1 bonus issue; hefty dividend announcement

BPCL stock update: The state-owned oil marketing company reported a 30% year-on-year decline in a consolidated net profit of Rs 4,790 crore in Q4FY24.

BPCL stock surges 5% on 1:1 bonus issue; hefty dividend announcement
Updated On : 10 May 2024 | 9:55 AM IST

Can strong global cues aid a relief rally in Nifty on May 10? Check here

All you need to know before the market opens on Friday, May 10: Gift Nifty hints at over 100 points gap-up open on the back of rally in global market. BPCL, HPCL in focus.

Can strong global cues aid a relief rally in Nifty on May 10? Check here
Updated On : 10 May 2024 | 7:12 AM IST

BPCL Q4 results: Consolidated net profit falls 30% to Rs 4,789 crore

The reduction in net profit in Q4 may have been due to lower gross marketing margins on petrol and diesel

BPCL Q4 results: Consolidated net profit falls 30% to Rs 4,789 crore
Updated On : 09 May 2024 | 7:33 PM IST

Pre-market report: Nifty weekly expiry, PSBs, OMCs on investors radar today

All you need to know before the market opens on Thursday, May 09: Stock specific action likely to dominate trading sentiment today. Check key levels for the Nifty and Bank Nifty by market experts here

Pre-market report: Nifty weekly expiry, PSBs, OMCs on investors radar today
Updated On : 09 May 2024 | 7:10 AM IST