te BPCL Q4 Results BIG DEVELOPMENT! DIVIDEND! Market Guru Anil Singhvi confirms Rs 58 per share announcement - All details here | Zee Business

BPCL Q4 Results BIG DEVELOPMENT! DIVIDEND! Market Guru Anil Singhvi confirms Rs 58 per share announcement - All details here

Confirming the major BPCL Q4 results development, Zee Business Managing Editor and renowned Market Guru Anil Singhvi tweeted, "BIG BREAKING: BPCL Announces Dividend Of Rs. 58 per share. Not came with last quarterly results...but it’s here now Enjoy."

BPCL Q4 Results BIG DEVELOPMENT! DIVIDEND! Market Guru Anil Singhvi confirms Rs 58 per share announcement - All details here
Market Guru said that he is expecting a good dividend this time around. A dividend to the tune of Rs 55- Rs 60 is what comes from the calculations, he said. Reuters photo.

BPCL Q4 Quaterly Results News: It's a big breaking development! BPCL has announced dividend of Rs 58 per share. Noteworthy, Zee Business Managing Editor and Market Guru Anil Singhvi had said that he is expecting a good dividend this time around. A dividend to the tune of Rs 55- Rs 60 is what comes from the calculations, Singhvi had said.

Confirming the major BPCL Q4 results development, Zee Business Managing Editor and renowned Market Guru Anil Singhvi tweeted, "BIG BREAKING: BPCL Announces Dividend Of Rs. 58 per share. Not came with last quarterly results...but it’s here now Enjoy."

Earlier, Zee Business reported that Bharat Petroleum Corporation Limited (BPCL) will be announcing its Q4FY21 results on Wednesday and there is a lot of curiosity among the investors around the results and dividends as well. What to expect from the March Quarter results? Zee Business’ Senior Research Analyst Varun Dubey cited some interesting research on it and tells Managing Editor Anil Singhvi what to expect on Wednesday? 

The investors will be keeping a keen eye on dividend announcement and on the news around its divestments, Dubey said. The earnings results of IOCL and HPCL have been strong and it is expected that BPCL results will follow suit, he added.The refining throughput is expected to grow by 15 per cent while the volume growth is also expected to go north, he further said.  However, there could be some pressure on its operating margins, he added. The inventory gains are expected to be around USD 3 per barrel, he further said. 

BPCL Q4FY21 - What to expect? 

Revenues are likely to go up by 26 per cent 
EBITDA likely to go up by 16 per cent 
EBITDA margins may fall from 6.5 per cent to 6 per cent 
Profits likely to go up by 8 per cent at Rs 3000 cr 
He said that it is quite likely that the results will be better than expectations. 

BPCL Q4FY21 - What to expect? 

Revenues are likely to go up by 26 per cent 
EBITDA likely to go up by 16 per cent 
EBITDA margins may fall from 6.5 per cent to 6 per cent 
Profits likely to go up by 8 per cent at Rs 3000 cr 
He said that it is quite likely that the results will be better than expectations. 

Market Guru said that he is expecting a good dividend this time around. A dividend to the tune of Rs 55- Rs 60 is what comes from the calculations, he said.  

Written By: Prashant V. Singh
Updated: Wed, May 26, 2021
08:56 pm
ZeeBiz WebDesk
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