BPCL Share Price
₹292.30 -1 (-0.34%)
31 Dec, 2024 10:06
Start SIP in
BPCL
Performance
- Low
- ₹291
- High
- ₹294
- 52 Week Low
- ₹223
- 52 Week High
- ₹376
- Open Price₹291
- Previous Close₹293
- Volume927,424
Investment Returns
- Over 1 Month 0.03%
- Over 3 Month -20.45%
- Over 6 Month -3.87%
- Over 1 Year + 29.68%
Smart Investing Starts Here Start SIP with BPCL for Steady Growth!
BPCL Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.
- P/E Ratio
- 9.7
- PEG Ratio
- -0.2
- Market Cap Cr
- 126,815
- P/B Ratio
- 1.7
- Average True Range
- 7.76
- EPS
- 30.86
- Dividend Yield
- 3.6
- MACD Signal
- -3.43
- RSI
- 44.97
- MFI
- 51.31
BPCL Financials
BPCL Technicals
EMA & SMA
-
- Bullish Moving Average 0
-
- Bearish Moving Average 16
- 20 Day
- ₹295.63
- 50 Day
- ₹304.28
- 100 Day
- ₹311.37
- 200 Day
- ₹303.38
Resistance and Support
- R3 301.28
- R2 298.27
- R1 295.78
- S1 290.28
- S2 287.27
- S3 284.78
BPCL Corporate Actions - Bonus, Splits, Dividends
BPCL F&O
About BPCL
Bharat Petroleum Corporation Limited or BPCL is a renowned name in India's Oil & Gas sector. The company is involved in oil exploration and production. Although the company is owned and operated by the Government of India, they have been planning to divest it since 2021. The government has a 52.98% stake in BPCL and plans to sell its entire stake. However, the deal hasn't progressed much because of the unavailability of bidders. BPCL divestment is part of the government's ambitious target to collect INR 175,000 crore by divesting its stake in government firms, including BPCL, IDBI Bank, Container Corporation of India, Pawan Hans, BEML Limited, Shipping Corporation of India, etc.
BPCL is managed by the Ministry of Petroleum and Natural Gas. The company's headquarters is in Mumbai, Maharashtra. BPCL is the second-largest government-owned oil corporation in India. It achieved the 309th rank in the 2020 Fortune List of the world's biggest corporations and the 792nd rank on Forbes' 2021 'Global 2000' list.
On 24th January 1976, the Burmah Shell Group of Companies was taken over by the Government of India to form Bharat Refineries Limited. On 1st August 1977, it was renamed Bharat Petroleum Corporation Limited. It was also the first refinery to process newly found indigenous crude (Bombay High), in the country.
In 2003, the government went ahead to privatize BPCL. However, the Center for Public Interest Litigation filed a petition with the Supreme Court asking it to direct the government not to privatise BPCL and Hindustan Petroleum. Prashant Bhushan and Rajinder Sachar mentioned that the government could disinvest only if they amend or repeal the Acts used to nationalize the firm. However, since the incumbent government lacked a majority in the Parliament, they could not move ahead with the proposal.
Finally, in May 2016, the Narendra Modi government passed the Repealing and Amending Act 2016 and repealed the Act nationalizing BPCL. On 12th September 2017, BPCL declared a Maharatna company. A Maharatna company is a government entity with a high market capitalization and consistently decent profits.
BPCL - Some Important Facts
BPCL operates three refineries in India. They are:
Mumbai Refinery, with a capacity of 13 million metric tonnes every year
Kochi Refinery, with a capacity of 15.5 million metric tonnes every year
Bina Refinery, with a capacity of 7.8 million metric tonnes every year. It was initially known as Oman Refineries Limited (BORL), a joint venture between Oman Company and Bharat Petroleum. Presently, BORL is a BPCL subsidiary.
Numaligarh Refinery, with a capacity of 3 million metric tonnes every year. But, BPCL has sold this refinery to an Oil India Ltd. led consortium.
BPCL's business has seven divisions or Strategic Business Units (SBUs), such as Lubricants, Gas, Retail, Aviation services, Refinery, Industrial & Commercial, and LPG.
BPCL's customer loyalty programs are extremely popular, such as Smartfleet and Petrocard.
BPCL had also set up a 2nd-generation biofuels refinery at Odisha's Bargarh with 100-kilo litre of biofuel per day. The plant uses 2 lakh tonnes of rice straw for producing fuel.
BPCL - Subsidiaries
Here are some of the wholly or jointly-owned subsidiaries of Bharat Petroleum Corporation Limited:
Bharat Petro Resources Limited (BPRL) - 100% subsidiary of BPCL
BPCL - Kial Fuel Firm Private Limited (BKFFPL) - 74% (BPCL) and 26% (Kannur International Airport Limited)
Bharat Gas Resources Limited (BGRL) - a wholly-owned subsidiary
Bharat Oman Refineries Ltd.(BORL) - 63.38% (BPCL) and 36.62% (OQ S.A.O.C)
Petronet LNG Limited (PLL) - Four public sector companies, namely BPCL, IOCL, ONGC and GAIL, hold 12.5% each in PLL
BPCL - Awards Received
Here is a list of the top awards received by BPCL in recent times for its exemplary contribution to the petroleum sector:
2016:
BPCL Annual Report Bags SCOPE Award
Bharat Petroleum Kochi Refinery Wins KSPCB Excellence Award
BPCL bags ABCI Silver for External Publications
BPCL bags prestigious NIPM National Award for Best HR Practices
BPCL Bags Lions CSR Precious Award
2017:
BPCL Stars in SCOPE Corporate Communication Excellence Awards
Bharat Petroleum Sparkles with ABCI Silver Award
BPCL Honored as Project Management Company of the Year
BPCL’s Brand Quiz programme enters INDIA BOOK OF RECORDS
Green Initiatives of BPCL Kochi Refinery win KMA Excellence Awards 2017
2018:
BPCL decorated with Golden Peacock Award 2018 at London
BPCL Brand Quiz Baadshah 2018 named as Largest Corporate Brand Engagement Program in Asia
BPCL Receives the ‘Star PSU’ Award from Business Standard
BPCL LPG Marketing Receives OISD Safety Award for Best Performance
BPCL Internal Audit Wins Award of Excellence
2019:
Corporate Research & Development Centre of BPCL received three Awards during the Project
Evaluation and Recognition Program 2019
Bharat Petroleum receives the prestigious Golden Peacock Award for Sustainability for FY 2018-19
Bharat Petroleum wins the Global CX Summit Exceptional Experience Awards for Best Social Media Strategy to engage with customers
2020:
Bharat Petroleum Bags CII Environmental Project Awards
BPCL Bags Manufacturing Supply Chain Award
Conclusion
From the share price of ₹19.67 on 1st January 1999 to 379 on 5th April 2022, BPCL has come a long way. Hence, the investors can track the stock.
- NSE Symbol
- BPCL
- BSE Symbol
- 500547
- Chairman & Managing Director
- Mr. G Krishnakumar
- ISIN
- INE029A01011
Similar Stocks to BPCL
BPCL FAQs
BPCL share price is ₹292 As on 31 December, 2024 | 09:52
The Market Cap of BPCL is ₹126814.5 Cr As on 31 December, 2024 | 09:52
The P/E ratio of BPCL is 9.7 As on 31 December, 2024 | 09:52
The PB ratio of BPCL is 1.7 As on 31 December, 2024 | 09:52
According to the analyst, Bharat Petroleum Corporation Ltd (BPCL) is a BUY. Bharat Petroleum has a trailing 12-month operating revenue of INR 315,638.82 Cr. Annual revenue de-growth of -19% requires improvement; a pre-tax margin of 10% is adequate, and an ROE of 30% is exceptional. The company's debt to equity ratio is 67%, which is slightly higher. The fact that institutional holdings increased in the most recent quarter is a good sign.
Bharat Petroleum Corporation Ltd (BPCL) is an Indian petroleum company. BPCL operates in a single segment: refinery and marketing activities, which include the downstream petroleum sector. They are also involved in hydrocarbon exploration and production (E&P).
You can open a free 5paisa Demat and trading account to buy and sell BPCL shares. The account opening process is quick and seamless.
Several brokerage houses expect the stock to cross 550 and sail steadily towards 600 and above.
The BPCL stock is expected to touch new heights because of fuel price hikes, a decrease in LPG under-recoveries, and divestment.
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.