Bharat Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 101911.49 Crore) operating in Gas & Petroleum sector.
Bharat Petroleum Corporation Ltd. posted better-than-estimated profitability, driven by better marketing volumes and refining/marketing margin, further aided by inventory gains.
The company made huge progress towards privatization in FY21, despite challenges posed by Covid-19, by streamlining its subsidiaries (divested its entire stake in Numaligarh Refinery Ltd., consolidated its stake in Bharat Oman Refineries Ltd., merged Bharat Gas Resources Ltd. with Bharat Petroleum) and sold off its trust shares.
Bharat Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 103202.20 Crore) operating in Gas & Petroleum sector.
Domestic shares flat as financials counter gains in IT stocks
Domestic shares flat as financials counter gains in IT stocks
Benchmark indexes Sensex and Nifty were trading flat on Thursday in the opening session. The blue-chip NSE Nifty 50 index was down 0.09 per cent at 15,283.85 by 9:26 am, while the benchmark S&P BSE Sensex was 0.16 per cent lower at 50,928.31.
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UPDATED: May 27, 2021 10:16 IST
Shares of Tata Consultancy Services Ltd and Infosys Ltd extended gains to a third straight session, adding nearly 1% each and cushioning losses on the Nifty. (Photo: Reuters)
Indian shares were largely unchanged early on Thursday, as losses in heavyweight financials offset gains in information technology stocks.