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BPCL shares rally over 4% on upgrade by Jefferies, target price set at Rs 890

Jefferies upgraded BPCL stock due to a steep discount and less impact from marketing losses in diesel till national elections. Target price of Rs 890 set, valuing it at 2.8x fwd P/B for 14% ROE in FY25.

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Stocks in news: Stocks in news: BPCL, Sun TV, HUL, Paytm, Utkarsh SFB, IRCTC

A resolution has been passed by the Board of holding company Utkarsh CoreInvest, wherein it was proposed to initiate steps in furtherance of a proposed reverse merger (‘Proposed Merger) of UCL with the Bank

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F&O stocks to buy today: DLF, ICICI Bank among 9 short term trading ideas for 15 February 2024

The Nifty future closed positive with gains of 0.46% at 21925 levels. India VIX was down by 2.34% from 15.81 to 15.44 levels. Volatility cooled off from its highs and gave way to the bulls at crucial support zones.

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BPCL shares rally over 4%, hit 52-week high

In the intra-day trade, the scrip of state-run oil marketing company hit a 52-week high of Rs 651.80 and Rs 651.65 apiece on the BSE and NSE, respectively.

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BPCL shares rally over 4%; hit 52-week high

New Delhi, Feb 15 (PTI) Shares of Bharat Petroleum Corporation Ltd (BPCL) rallied more than 4 per cent on Thursday a day after BPCL ESPS Trust sold shares of the state-owned company in a block deal.

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Stocks in news: Stocks in news: Adani Green, ZEE, M&M, Wipro, BPCL, UFlex

Hindalco Industries on Tuesday reported 71% growth in its consolidated net profit at Rs 2331 crore for the quarter ended December 2023.

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BPCL Set To Launch Trading Desk In Singapore, Dubai — Here's How It Is A Strategic Move In Crude Oil Market

State-owned Bharat Petroleum Corporation (BPCL) is planning to establish a trading desk in Singapore or Dubai to broaden its global presence and enhance its sourcing and trading activities for crude oil and finished products, according to a report from The Economic Times

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bpcl stock update: BPCL ESPS Trust sells 0.3% stake in BPCL for around Rs 400 crore; several FPIs pick shares

The trust sold 68,36,948 shares at Rs 584 apiece, block deals data showed. Shares of the state-owned oil refiner ended 7.3% higher on the National Stock Exchange at Rs 626.95. Kotak Mahindra Mutual Fund purchased 22,50,000 shares at Rs 584 each, and Motilal Oswal MF acquired 13,00,000 shares at the same price.

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