BPCL jumps on partnering with Government of Uttarakhand
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Bharat Petroleum Corporation is currently trading at Rs. 333.95, up by 7.00 points or 2.14% from its previous closing of Rs. 326.95 on the BSE.
The scrip opened at Rs. 331.00 and has touched a high and low of Rs. 334.75 and Rs. 328.90 respectively. So far 156364 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. 324.00 on 19-May-2022.
Last one week high and low of the scrip stood at Rs. 347.25 and Rs. 324.00 respectively. The current market cap of the company is Rs. 72149.35 crore.
The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 34.40% and 12.62% respectively.
Bharat Petroleum Corporation (BPCL) and the Government of Uttarakhand have joined hand to take a vital step towards the proliferation of green energy in the state. Both the parties signed a Memorandum of Understanding (MoU) for a five-year period to collaborate in the fields of feasibility of setting up renewable energy projects, round the clock (RTC) power for consumers, setting up of requisite infrastructure, training and knowledge sharing, etc.
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.
