Bharat Petroleum Corporation inches up on launching electric vehicle fast charging corridor on Delhi-Jalandhar National Highway
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Bharat Petroleum Corporation is currently trading at Rs. 334.00, up by 0.20 points or 0.06% from its previous closing of Rs. 333.80 on the BSE.
The scrip opened at Rs. 332.55 and has touched a high and low of Rs. 337.45 and Rs. 332.30 respectively. So far 41268 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 398.60 on 21-Apr-2022 and a 52 week low of Rs. 288.20 on 20-Oct-2022.
Last one week high and low of the scrip stood at Rs. 337.55 and Rs. 323.55 respectively. The current market cap of the company is Rs. 72431.35 crore.
The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 35.27% and 11.76% respectively.
Bharat Petroleum Corporation (BPCL) has launched Electric Vehicle Fast Charging Corridor on the Delhi - Jalandhar National Highway with fast charging stations at 12 BPCL retail outlets strategically located along the highway (part of NH-44) as part of its initiative to address the range anxiety of electric vehicle owners.
The 750 Km long segment of NH-44 is the fourth such Electric Vehicle Fast Charging Corridor in the country, with fast charging station at roughly every 100 Kms on both sides of the highway. Chennai-Trichy-Madurai, Chennai-Bangalore and Bangalore-Coorg were the first three Electric Vehicle Fast Charging Corridors set up by BPCL.
The EV fast chargers at BPCL Fuel Stations will help customers recharge their EVs in just about 30 minutes to get a driving range of upto 125 kilometers after which there will be another BPCL EV charging station for EV owners going further ahead. All EV customers will be able to use the EV fast charging stations via a pay-per-use online service. The fast chargers can be self-operated without any manual assistance though support staff will be at hand when needed.
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.
