BPCL trades higher on launching EV Fast-Charging Corridors on Chennai
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BPCL is currently trading at Rs. 373.45, up by 0.65 points or 0.17% from its previous closing of Rs. 372.80 on the BSE.
The scrip opened at Rs. 372.00 and has touched a high and low of Rs. 375.80 and Rs. 371.10 respectively. So far 26108 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. 356.80 on 15-Feb-2022.
Last one week high and low of the scrip stood at Rs. 378.25 and Rs. 356.80 respectively. The current market cap of the company is Rs. 80880.59 crore.
The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 34.66% and 12.36% respectively.
Bharat Petroleum Corporation (BPCL) has launched EV Fast-Charging Corridors on Chennai - Trichy - Madurai highway, with the rollout of CCS-2 DC Fast chargers at 10 of its conveniently located fuel stations along the 900 Km route on both sides of the highway.
The company is accelerating its focus on new business segments for sustainable growth and converting 7,000 conventional Retail Outlets into Energy Stations providing multiple fuelling options, which will also include an EV charging facility, in the medium to long term.
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.
