Bharat Petroleum Corporation is currently trading at Rs. 436.45, up by 33.60 points or 8.34% from its previous closing of Rs. 402.85 on the BSE.
The scrip opened at Rs. 415.30 and has touched a high and low of Rs. 454.10 and Rs. 406.20 respectively. So far 593397 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 549.70 on 21-Nov-2019 and a 52 week low of Rs. 308.55 on 23-Aug-2019.
Last one week high and low of the scrip stood at Rs. 454.10 and Rs. 398.05 respectively. The current market cap of the company is Rs. 96466.67 crore.
The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 33.40% and 13.63% respectively.
The government has invited bids for the sale of its entire 52.98% stake in the Bharat Petroleum Corporation (BPCL) on March 07, 2020. The Government of India is proposing strategic disinvestment of its entire shareholding in BPCL comprising 114.91 crore equity shares, which constitutes 52.98 per cent of BPCL’s equity share capital, along with transfer of management control, to a strategic buyer (except BPCL’s equity shareholding of 61.65% in Numaligarh Refinery).
The government has appointed Deloitte Touche Tohmatsu India LLP as its transaction advisor to advise on and manage the strategic disinvestment process.
BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.
Watch our Stock Market Target Calls Quality, Track sheet – Click Here or Subscribe us for Stock Market Trading >>>> Stock Cash Tips
No comments:
Post a Comment