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BPCL

Nifty monthly losing streak 2nd worst in 30 yrs; why you should be worried

The Nifty 50 index has shed nearly 13% in the last five straight months, its longest losing streak since November 1996; equalling its second-worst ever in the 30-year history.

Updated On: 25 Feb 2025 | 10:50 PM IST

Adani Green, Suzlon, Swan Energy: Stocks with biggest drop in PE ratio

Within the large-cap 100 universe, stocks from Adani group - Adani Green Energy and Adani Energy Solutions - have witnessed a 63 per cent and 54 per cent fall in their PE since September 2024-end

Updated On: 24 Feb 2025 | 11:09 PM IST

Zomato, Jio Fin, Britannia, BPCL trade lower after NSE announces rejig

NSE indices rejig is part of a semi-annual review, the removal of Britannia and Bharat Petroleum Corporation from the flagship Nifty 50 index will lead to selling pressure of over Rs 2,000 crore

Updated On: 24 Feb 2025 | 10:01 AM IST

India Energy Week 2025: IOC, BPCL ink pacts with UAE to import LNG

The biggest deal was signed by public sector oil marketing company IOC. It inked an agreement to import LNG from UAE's Abu Dhabi National Oil Co.

Updated On: 13 Feb 2025 | 11:42 PM IST

India Energy Week: Russian shipments to be restored by March, says BPCL

BPCL to enter new non-fuel retail biz, develop large scale roadside amenities along new highways

Updated On: 11 Feb 2025 | 11:19 PM IST

Dividend, Bonus: BPCL, MPS, Technopack Polymers to remain in focus today

Here are the complete details of stocks trading ex-date tomorrow along with their respective corporate announcements

Updated On: 28 Jan 2025 | 8:38 AM IST

BPCL's new Andhra refinery to cost Rs 950 bn, India's most expensive ever

State-owned Bharat Petroleum Corporation Ltd's (BPCL) proposed 9 million tonnes a year oil refinery-cum-petrochemical complex in Andhra Pradesh is likely to cost around Rs 95,000 crore, its Director (Finance) Vetsa Ramakrishna Gupta said. This will be India's costliest refinery project so far. Hindustan Petroleum Corporation Ltd (HPCL) will this year commission a similar size unit at Barmer in Rajasthan at a cost of Rs 71,814 crore. In Modi government's first term, a mega 60 million tonnes oil refinery and petrochemical complex was proposed at Ratnagiri district of Maharashtra at a cost of Rs 3 lakh crore but the project hasn't seen the light of the day because of land acquisition issues. In an investor call with analysts post announcement of third quarter earnings, Gupta said the BPCL board last month approved an expenditure of Rs 6,100 crore on pre-project activities such as land acquisition and commissioning of detailed project report (DPR) and certain feedstock studies. "Roughly

Updated On: 24 Jan 2025 | 5:23 PM IST

HPCL share price rises 5% on posting strong Q3 show; IOC, BPCL also gain

HPCL Q3 released on Thursday, after market hours, showed that the company's net profit increased 257 per cent Y-o-Y to Rs 2544 crore as compared to Rs 712.84 crore a year ago

Updated On: 24 Jan 2025 | 10:41 AM IST

BPCL sees March Russian oil intake down 20% as it awaits traders' offers

BPCL's Russian oil processing declined to 31 per cent in December quarter from about 35-40 per cent in the previous month

Updated On: 23 Jan 2025 | 1:29 PM IST

BPCL Q3 results: Net profit rises 19.6% to Rs 3,806 cr, revenue down 1.9%

Management expects crude oil prices to settle at $70-75

Updated On: 22 Jan 2025 | 11:53 PM IST

BPCL Q3 results: Profit rises 20% to Rs 3,806 crore, dividend announced

BPCL Q3FY25 results: The Board of Directors declared an interim dividend of Rs 5 per equity share for FY25

Updated On: 22 Jan 2025 | 4:13 PM IST

GAIL, BPCL to set up plants to produce compressed biogas in Chhattisgarh

While GAIL will set up plants in Ambikapur, Raigarh, and Korba, BPCL will execute the agreement in Bilaspur, Dhamtari, and Rajnandgaon

Updated On: 21 Jan 2025 | 4:36 PM IST

Indian refiners seek crude after US sanctions disrupt Russia oil supply

The tenders come more than a week after Washington announced sweeping sanctions targeting Russian producers and tankers

Updated On: 21 Jan 2025 | 1:25 PM IST

BPCL ties Rs 31,802 cr funds for Bina refinery expansion, petchem project

State-owned Bharat Petroleum Corporation Ltd (BPCL) on Friday said it has achieved financial closure for its Bina refinery expansion cum petrochemical project with the signing of a loan agreement of Rs 31,802 crore with a consortium of six lenders led by the State Bank of India. The project, estimated to cost Rs 48,926 crore, aims to set up a petrochemical complex comprising a 1.2 million tonnes per annum (MTPA) ethylene cracker unit and increase the refinery's capacity from 7.8 MTPA to 11 million tonnes. "This expansion will enable BPCL to produce downstream petrochemical products such as Linear Low-density Polyethylene (LLDPE), High-density Polyethylene (HDPE), Polypropylene (PP) and other aromatics, thereby reducing India's dependence on imports," the company said in a statement. The expansion project aims to cater to the projected rising demand for fuel in central and northern India in the near future. The project construction is expected to be completed within 48 months from t

Updated On: 17 Jan 2025 | 1:26 PM IST

Surya Roshni shares pop 5% on securing deal from BPCL for CGD project

The uptick in Surya Roshni share price came after the company announced that it has secured an order of Rs 81.47 crore from Bharat Petroleum Corporation Limited (BPCL)

Updated On: 10 Jan 2025 | 1:37 PM IST

Stocks to Watch, Jan 10, 2025: TCS, IREDA, Tata Elxsi, Swiggy, Zomato, SAIL

Stocks to Watch, Jan 10, 2025: TCS, IREDA, Tata Elxsi will be in focus post their Q3 results, also, Swiggy, Zomato, Vi and others will be on the radar

Updated On: 10 Jan 2025 | 7:48 AM IST

Govt plans to give LPG subsidy worth Rs 35,000 cr to IOC, BPCL, and HPCL

The government is likely to provide a subsidy of Rs 35,000 crore to state-owned Indian Oil Corporation Ltd (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) to make up for losses they incurred on selling the fuel this fiscal, sources said. The three fuel retailers have kept the price of domestic LPG unchanged at Rs 803 per 14.2-kg cylinder since March 2024 despite a rise in input raw material cost. This led to under-recoveries on LPG sales, and the resultant drastic fall in their earnings in the April-September (first half of current 2024-25 fiscal year). The total under-recovery on LPG sales for the industry in the current fiscal is estimated at about Rs 40,500 crore. Against this, the government is likely to provide Rs 35,000 crore in total spread over two financial years, two sources with knowledge of the matter said. IOC, BPCL and HPCL are likely to get Rs 10,000 crore during the current 2024-25 fiscal and the remaining Rs 25,000 cror

Updated On: 09 Jan 2025 | 3:38 PM IST

IGL, BPCL, Gail (India) shares rise 2% each on in-principle nod to MNGL IPO

MNGL IPO news: BPCL's Board has given an in-principle approval for MNGL listing

Updated On: 07 Jan 2025 | 10:12 AM IST

BPCL buys Middle East crude oil to replace declining supply from Russia

India became a top buyer of Russian seaborne oil after the European Union shunned purchases and imposed sanctions on Moscow following its invasion of Ukraine in 2022

Updated On: 30 Dec 2024 | 11:45 AM IST

Stocks to Watch on Dec 30, 2024: TaMo, NTPC, JSW Energy, PNC Infra, BPCL

Stocks to Watch on Dec 30, 2024: From Tata Motors to NTPC, here are few stocks which will be on investors' radar today

Updated On: 30 Dec 2024 | 7:47 AM IST