Fri, Jan 26, 2024
State-run oil marketing company Bharat Petroleum Corp Ltd (BPCL) is all set to report quarterly financial numbers on Monday, January 29.
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Fri, Jan 05, 2024
Citi has also increased its target price on Gujarat Gas, Indraprastha Gas, and Mahanagar Gas.
Wed, Dec 20, 2023
Polypropylene has wide applications in downstream industries such as packaging films, sheet, boxes, containers, bags, home ware, home care, personal care, and articles of day-to-day usage.
Thu, Mar 25, 2021
The government is selling its entire 52.98 per cent stake in BPCL in the nation's biggest privatisation till date.
Wed, Mar 24, 2021
Stocks to Buy – BPCL – BPCL stock has been grabbing a lot of headlines of-late especially because of the news around its disinvestment. Many analysts are quite bullish on this stock and expect a high return for investors in this stock. One such analyst is Nilesh Jain, who is Assistant Vice President (AVP), Equity Research Technical and Derivatives at Centrum Broking
Tue, Mar 23, 2021
BPCL has been in the news in recent days over divestment talk and it has caught the attention of big brokerages too, including JP Morgan. Varun Dubey, Senior Research Analysts at Zee Business spoke to Managing Editor Anil Singhvi and said that the report highlights that divestment in BPCL could happen in the range of Rs 700-Rs 750.
Mon, Mar 22, 2021
The Market Guru has been telling investors not to worry as the dividend by BPCL is likely to be very good. Singhvi reiterated his stand that investors who buy BPCL stock with a long-term view will earn handsome returns. This is a big litmus test for the government. BPCL will sell is stake in the companies like LNG Petronet, IGL and even in some unlisted companies and give dividends to the shareholders, Singhvi said
Wed, Mar 17, 2021
BPCL Share price: In Credit Suisse view, steady-state EBITDA for BPCL could be US $2 bn - 2.5 bn (FY20: US $1.7 bn). The higher end of range is possible when the potential acquirer is able to reduce refining costs, increase productivity of marketing outlets, and increase non-fuel revenues. Therefore the stock has upside even beyond divestment of the government’s stake.
Mon, Mar 15, 2021
BPCL Share Price: Bharat Petroleum Corporation Limited (BPCL) is all set to announce a dividend after its scheduled Annual General Meeting (AGM) on 16th March 2021.
Fri, Mar 12, 2021
Week ended on a negative note with Nifty falling by almost 143 points on Friday. In a chat with Zee Business Managing Editor Anil Singhvi, Analyst Vikas Sethi said that despite the fall there is no change in the trends. This is an opportunity for fresh buying. He recommended two stocks today in a popular TV show ‘Sadabahaar Sethi Saab’
BPCL share price and dividend: Zee Business Managing Editor Anil Singhvi has been batting aggressively in favour of PSU stocks ever since Budget 2021 was tabled.
Tue, Mar 02, 2021
BPCL may use Rs 9,876 crore proceed from stake sale in Numaligarh Refinery to pay a special dividend to shareholders, the biggest being Government of India.
Big news for investors of BPCL. The company will be selling its stake in Numaligarh Refinery as was reported previously by Zee Business. Zee Business Managing Editor Anil Singhvi has been bullish on PSU stocks. The Market Guru has said that this year belongs to PSU company stocks. There is government focus on PSUs now and it will aggressively stick to timelines
BPCL (Bharat Petroleum) sold its stake in Numaligarh refinery for Rs 99 bn, higher than estimate by Jefferies of Rs 84bn. The positive surprise is 1.5% of BPCL's current market cap. After paying capital gains tax (Rs 9.4bn calc) it could use the proceeds to pay for the equity stake purchase in BORL and pay out the rest as one time dividend (Rs 30/shr calc). Or it could use it to retire long term debt and add 4% to annual PBT. Jefferies Reiterate Buy with price target of Rs 500.
Fri, Feb 19, 2021
BPCL, CONCOR, SCI, LIC IPO and more: Prime Minister Narendra Modi will hold a special high-level meeting on disinvestment of public sector units on February 24, said Zee Business Managing Editor Anil Singhvi.
Sun, Feb 14, 2021
Prime Minister Narendra Modi on Sunday dedicated to the nation a Rs 6,000 crore petrochemical complex of oil major Bharat Petroleum here and Ro-Ro vessels of Inland Waterways at Willingdon Islands, asserting these projects would energise India's growth trajectory.
Wed, Feb 10, 2021
Bharat Petroleum Corporation (BPCL’s) Q3 FY21 adjusted operating profit stood at Rs 4306 cr (up 67.9% yoy; down 4% qoq), which was 22% above consensus estimate of Rs 3541 cr. Results beat expectations on largely all fronts with better than expected derived net marketing margin at Rs 3597/tonne (up 2.2x yoy; up 0.9% qoq), reported GRM at $2.5/ bbl (vs estimate of $2-2.2/bbl) and refining throughput at 7.2 mmt (refinery utilization rate of 105%).
Sat, Feb 06, 2021
LIC IPO Date: As the government plans to bring LIC IPO in FY 2021-22, there is big A big development regarding the Initial Public Offering (IPO) of the Life Insurance Corporation of India has come to the fore.
Wed, Dec 16, 2020
India’s largest pure play credit card issuer has joined hands with Bharat Petroleum Corporation Ltd to launch BPCL SBI Card OCTANE. The card was launched on 15 December. The card gives some amazing benefits which include incentives on fuel purchase, grocery and department store items, dining and movies. Check this space to know more about this card
Tue, Dec 15, 2020
Amid rising prices, are you spending a significant amount of your income on fuel? SBI Card’s latest offering claims to address this concern. India’s largest pure play credit card issuer has joined hands with Bharat Petroleum Corporation Ltd to launch BPCL SBI Card OCTANE. See what the card claims to offer!
Fri, Dec 11, 2020
BPCL Disinvestment: A big and exclusive news on BPCL disinvestment plans of the Narendra Modi government has just broken! The DIPAM has received tremendous response from the interested bidders and expectation of this state-run company's stake getting sold at a high price have increased. Zee Business Executive Editor Swati Khandelwal has this detailed report!
Wed, Dec 09, 2020
Stock Markets euphoria is spilling over and some caution needs to be exercised by investors, Market Expert Sanjiv Bhasin told Zee Business Managing Editor Anil Singhvi today. He said that all is not well in mid cap and small cap stocks
Mon, Dec 07, 2020
Government is all set to complete strategic disinvestment of Bharat Petroleum Corporation Ltd or BPCL by the end of the current fiscal year. According to sources, in a recently held inter-ministerial group meeting, it discussed its valuation which can fetch it maximum profits. It has got three preliminary bids from Vedanta, Apollo Global and I Squared Capital's arm Think Gas to buy 52.8% stake in BPCL
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