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Bharat Petroleum Corporation Ltd stays under bearish spell

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Bharat Petroleum Corporation Ltd is quoting at Rs 384.35, down 0.85% on the day as on 13:29 IST on the NSE. The stock tumbled 17.38% in last one year as compared to a 4.32% slide in NIFTY and a 2.68% fall in the Nifty Energy index.

Bharat Petroleum Corporation Ltd dropped for a fifth straight session today. The stock is quoting at Rs 384.35, down 0.85% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 1.67% on the day, quoting at 10945.8. The Sensex is at 37038.12, down 1.67%.Bharat Petroleum Corporation Ltd has eased around 6.91% in last one month.Meanwhile, Nifty Energy index of which Bharat Petroleum Corporation Ltd is a constituent, has eased around 7.56% in last one month and is currently quoting at 14956.6, down 1.24% on the day. The volume in the stock stood at 29.38 lakh shares today, compared to the daily average of 91.36 lakh shares in last one month.

 

The benchmark September futures contract for the stock is quoting at Rs 384.55, down 1.16% on the day. Bharat Petroleum Corporation Ltd tumbled 17.38% in last one year as compared to a 4.32% slide in NIFTY and a 2.68% fall in the Nifty Energy index.

The PE of the stock is 17.64 based on TTM earnings ending June 20.

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First Published: Sep 24 2020 | 1:35 PM IST

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