Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) on Wednesday reported a net profit of Rs 11,940.13 crore for the quarter ended March 31, 2021, as against net loss of Rs 1,361.01 crore in the corresponding quarter last year.The total .
By siliconindia | Wednesday, 26 May 2021, 09:00 Hrs Privatisation bound Bharat Petroleum Corporation Ltd is seeking exemption for successful bidder of the company from mandatory open offer to be made to shareholders of two promoted companies - Petronet LNG and Indraprastha Gas Ltd. Sources said, the oil refiner is looking to get the Securities and Exchange Board of India (Sebi) to give exemption for the open offers to the successful bidder of BPCL as already done when ONGC acquired a government stake in HPCL. BPCL is one of the promoters of both PLL and IGL with a shareholding of 12.5 per cent and 22.5 per cent respectively.
The total income of the company during Q4 FY21 saw a robust jump to Rs 1,00,419.63 crore from Rs 82,452.99 crore seen in the same quarter of previous year.The
Bharat Petroleum Corporation Ltd is quoting at Rs 476.6, up 0.46% on the day as on 12:49 IST on the NSE. The stock is up 44.67% in last one year as compared to a 64.16% spurt in NIFTY and a 53.06% spurt in the Nifty Energy.
Bharat Petroleum Corporation Ltd gained for a fifth straight session today. The stock is quoting at Rs 476.6, up 0.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.54% on the day, quoting at 15291.2. The Sensex is at 50966.8, up 0.65%. Bharat Petroleum Corporation Ltd has risen around 13.38% in last one month.
Meanwhile, Nifty Energy index of which Bharat Petroleum Corporation Ltd is a constituent, has risen around 8.86% in last one month and is currently quoting at 19542.4, down 0.4% on the day. The volume in the stock stood at 83.09 lakh shares today, compared to the daily average of 87.4 lakh shares in last one month.
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