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Bharat Petroleum plunge 5% amid reports of the company selling 4% of treasury shares

Bharat Petroleum plunge 5% amid reports of the company selling 4% of treasury shares IANSMar 9, 2021, 16:16 IST Pixabay Bharat Petroleum Corporation Ltd ( BPCL) falling over 5 per cent. At 2.16 p.m., BPCL shares on the BSE were trading at ₹441.05, lower by ₹25.95 or 5.56 per cent from its previous close. Its shares fell amid reports of the company selling 4 per cent of treasury shares worth ₹3,774 crore in a bulk deal. Advertisement Indian Oil Corporation Ltd ( IOCL) trading 3.67 per cent lower at ₹99.75 per share. Hindustan Petroleum Corporation s ( HPCL) shares were trading at ₹234.60, lower by 3.62 per cent from its previous close. Further, revenues of OMCs are likely to remain under pressure for some time now as official sources indicated that with fuel price rise becoming an election issue, the Centre would not like to further escalate the matter with more increases in the auto fuel prices required in the wake of firming of prices in the global oil

Share Market News: BPCL, Coal India, JSW Energy, Kotak Bank, SBI Cards, BEML will be in focus

Share Market News: BPCL, Coal India, JSW Energy, Kotak Bank, SBI Cards, BEML will be in focus
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

Bharat Petroleum Corporation Ltd up for third straight session

Read more about Bharat Petroleum Corporation Ltd up for third straight session on Business Standard. Bharat Petroleum Corporation Ltd is quoting at Rs 461.3, up 5.15% on the day as on 12:49 IST on the NSE. The stock is up 2.79% in last one year as compared to a 29.53% spurt in NIFTY and a 36.25% spurt in the Nifty Energy index.

PSO profit up 48pc - Newspaper

The board announced a cash dividend of Rs5 per share. Engro income soars 52pc to Rs25bn Engro Corporation recorded PAT (attributable to the owners of the Holding Company) at Rs25.1bn and EPS at Rs43.6 for the year ended Dec 31, 2020, up 52pc over PAT at Rs16.5bn and EPS at Rs28.69 the previous year. The company announced a dividend of Rs2 per share taking the total payout to Rs26 per share. Mari Petroleum profit rises 11pc Mari Petroleum Company Ltd posted a PAT at Rs16.4 billion, turning into EPS at Rs122.94 for the 1HFY21. It represented a growth of 11pc over the PAT at Rs14.7bn and EPS at Rs110.55 in the corresponding first half of FY20. Alongside the results, the company declared an interim cash dividend at Rs6 per share.

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