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Page 32 - பாரத் பெட்ரோலியம் நிறுவனம் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BPCL share price: Buy BPCL, target price Rs 544: ICICI Securities

Explore Now ICICI Securities has buy call on Bharat Petroleum Corporation with a target price of Rs 544. The current market price of Bharat Petroleum Corporation is Rs 452.6 . Bharat Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 97280.14 Crore) operating in Gas & Petroleum sector. Financials For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 66809.47 Crore, up 34.39 % from last quarter Total Income of Rs 49713.32 Crore and down -11.54 % from last year same quarter Total Income of Rs 75527.70 Crore. Company reported net profit after tax of Rs 2627.45 Crore in latest quarter.

Petrol price skyrockets; Rs 96 22 per litre

DECCAN CHRONICLE. Updated May 18, 2021, 8:56 am IST The pandemic dampened the entire nation’s economy and even the oil companies are looking to make up for their losses  The price of petrol is subjected to change daily as petroleum companies such as Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Indian Oil Corporation Ltd (IOCL) alter the fuel prices based on the crude oil prices. PTI Hyderabad: The price of petrol in the city rose up to Rs 96.22 on Monday, the highest it has ever seen, say petroleum dealers.  The price of petrol is subjected to change daily as petroleum companies such as Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Indian Oil Corporation Ltd (IOCL) alter the fuel prices based on the crude oil prices.

Long shadow of long COVID on the economy

On the 72nd Republic Day, the International Monetary Fund forecast that the Indian economy would grow at 11.5 percent - the only large economy to record double-digit growth. In a hundred days since India has been witness to haemorrhaging of lives, livelihoods and confidence. The hopes of a V-shaped recovery are now stranded between a raging virus and a botched-up vaccination roll out. The economy is under the long shadow of long COVID - as in the medical condition deleterious effects haunt the economy. In May, a parade of rating agencies as also economists have downgraded India’s growth - the best-case scenario as of now is 9 plus percent GDP growth and the worstcase scenario is 8.2 percent. To appreciate the setback, one must look at the timeline of the slide in economic prospects - where the economy was, where it is and when it could get back to where it was.

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