BPCL gains on joining hands with SBI Card to launch co-branded RuPay Contactless Credit Card
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Bharat Petroleum Corporation is currently trading at Rs. 422.65, up by 2.80 points or 0.67% from its previous closing of Rs. 419.85 on the BSE.
The scrip opened at Rs. 420.10 and has touched a high and low of Rs. 423.25 and Rs. 420.10 respectively. So far 28501 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 503.00 on 14-Sep-2021 and a 52 week low of Rs. 324.90 on 15-Oct-2020.
Last one week high and low of the scrip stood at Rs. 433.50 and Rs. 412.80 respectively. The current market cap of the company is Rs. 91076.08 crore.
The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 35.85% and 11.17% respectively.
Bharat Petroleum Corporation (BPCL) and SBI Card have joined hands to launch the 'BPCL SBI Card co-branded RuPay Contactless Credit Card'. The card will provide rewarding fuel savings and other benefits to the customers. The card will offer 13X reward points on every Rs 100 spent on fuel purchases at BPCL petrol pumps and a 1 per cent fuel surcharge waiver on every transaction up to Rs 4,000, translating to 4.25 per cent value back.
Cardholders will also get accelerated savings on other categories of spends, which include groceries, departmental stores, dining, and movies. They will get 5X reward points on every Rs 100 spent on groceries, departmental stores, movies, and dining, among others. Besides, the customers can earn 2,000 activation bonus reward points worth Rs 500 on payment of the joining fee.
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.
