Page 19 - Bpcl

BPCL tanks 6% after BPCL Trust offloads up to 7% stake in firm

The company's board has approved the sale of BPCL equity shares which are held by the BPCL Trust for Investment in shares through accelerated book built offering

Stocks to watch: BPCL, CIL, Biocon, Mindspace REIT, Jindal Poly Films

Mindspace Business Parks REIT said its arm Gigaplex Estate has entered into an agreement to sub-lease about 6.3 lakh sq ft space in Mumbai to a data centre operator

NRL sale won't help BPCL valuation; proceeds to go as special dividend

The BPCL board had cleared the bids submitted by the OIL-headed consortium on March 1

BPCL to pay shareholders from Rs 9,876 cr Numaligarh Refinery stake sale

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) may use Rs 9,876 crore proceed from stake sale in Numaligarh Refinery to pay a special dividend to shareholders

Dividend payout hope post Numaligarh Refinery deal drives BPCL stock

Shares of BPCL hit fresh 52-week high of Rs 482.4 apiece, up 6 per cent on the BSE, as its Board approved to offload the firm's holding in the Numaligarh Refinery unit for Rs 9,878 crore

Sensex gains for 2nd day; ends 447 pts up at 50,297; auto, IT stocks rally

Broader markets outperformed the benchmark indices, highlighting underlying strength in the market. The S&P BSE MidCap and SmallCap indices ended 1.55 per cent & 1.6 per cent higher, respectively

Shipping Corporation, BPCL, NFL: Trading strategies for news-driven stocks

With a strong gap-up on March 2, 2021, BPCL stock is near the resistance range of Rs 481 to Rs 483 levels

Stocks to watch: BPCL, Shipping Corp, Hero Moto, Tata Motors, IDBI Bank

Royal Enfield on Monday reported a 10 per cent increase in total sales at 69,659 units in February

BPCL to sell entire stake in Numaligarh Refinery for Rs 9,880 cr

BPCL will sell its 61.65% holding in Numaligarh Refinery to a consortium of Oil India and Engineers India and may also include the state govt of Assam

Land policy delay hurdle to Container Corporation sale, says panel

Railway ministry denies charge, says divestment planned for next year

Oil India led consortium to bid for BPCL's stake in Numaligarh Refinery

As part of a larger plan for disinvestment of Public Sector Undertakings, the government wants to privatise downstream oil refiner BPCL by the end of the first half of next financial year (2021-22)

Engineers India, OIL to jointly bid for BPCL stake in Numaligarh Refinery

The refinery was incorporated on April 22, 1993 and has a 3 million tonnes per annum capacity. It is the largest customer of OIL's crude produced from its North Eastern fields

Engineers India and Oil India to bid for 61.6% stake in Numaligarh Refinery

The exact percentage of the stake of OIL and EIL will depend on the extent of right of first offer to be exercised by govt of Assam, which already holds 12.35% stake in NRL

PM Narendra Modi hands over 'Made-In-India' Arjun battle tank to Army

PM launches BPCL's Rs 6K-cr petrochem complex in Kerala

Govt is targeting to conclude BPCL privatisation in Q1FY22: DIPAM Secretary

The government has recei­ved three preliminary bids to buy controlling stake in the country's second-largest fuel retailer

Stocks to watch: ITC, Magma Fincorp, Titan, National Fertilizers, BPCL, IGL

The government will sell 20 per cent of its stake in National Fertilizers through an offer for sale

BPCL to buy out Oman Oil's 36.62% stake in Bina refinery for Rs 2,400 cr

Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it will buyout Oman Oil Company's shares in the Bina refinery project for about Rs 2,400 crore. BPCL holds a 63.68 per cent stake in Bharat Oman Refineries Ltd (BORL), which built and operates a 7.8 million tonne oil refinery at Bina in Madhya Pradesh. In a stock exchange filing, BPCL said it has "finalised commercial terms in connection with the purchase of the 88.86 crore equity shares of Bharat Oman Refineries Limited (BORL), constituting 36.62 per cent of the equity share capital from OQ S.A.0.C. (formerly known as Oman Oil Company S.A.0.C.) for a consideration of approx Rs 2,399.26 crore". The transaction, it said, is subject to the execution of the relevant transaction documentation and other conditions agreed upon among the parties. "Upon completion, BPCL will hold 100 per cent of the equity share capital in BORL," it said. On Tuesday, BPCL Director (Finance) N Vijayagopal had said that discussion

Stocks to watch: Tata Steel, RIL, Voda Idea, BPCL, Wipro, Crompton Greaves

The Indian government has challenged in the Singapore High Court an international arbitration tribunal's verdict that overturned its demand for Rs 22,100 crore in back taxes from Vodafone Group Plc

BPCL Q3 conolidated net dips 7.4% to Rs 1,901 cr, revenue up 1.8%

Board declares 160 per cent interim dividend

BPCL Q3 profit falls 7.3% to Rs 1,901 cr; announces interim dividend

The revenue from operations rose marginally year-on-year at Rs 87,292.62 crore