BPCL rises on partnering with UptimeAI to drive operational excellence, sustainability
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Bharat Petroleum Corporation is currently trading at Rs. 359.90, up by 4.45 points or 1.25% from its previous closing of Rs. 355.45 on the BSE.
The scrip opened at Rs. 356.70 and has touched a high and low of Rs. 360.60 and Rs. 356.10 respectively. So far 62856 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 397.80 on 07-Jul-2023 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. 368.85 and Rs. 347.05 respectively. The current market cap of the company is Rs. 78082.25 crore.
The promoters holding in the company stood at 52.98%, while Institutions and Non-Institutions held 36.60% and 10.43% respectively.
Bharat Petroleum Corporation (BPCL) has entered into a partnership with UptimeAI, an artificial intelligence (AI) solution provider for plant maintenance and operations. BPCL has implemented UptimeAI's advanced AI-based plant monitoring solution, 'AI Expert', to optimize operational efficiency, enhance reliability, and promote sustainable practices within its operations.
UptimeAI, the winner of BPCL's Startup Grand Slam Season 1 under the Project Ankur initiative that fosters a nurturing ecosystem for startups, is deploying 'AI Expert' at BPCL's Kochi refinery. This facility, with a capacity of 15.5 MMTPA, assists in meeting the energy needs of various enterprises. The solution seamlessly integrates with BPCL's existing operational technology tools, enabling continuous analysis of sensor data across the unit and the enterprise.
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
