Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  Bharat Petroleum Corporation Limited    BPCL   INE029A01011

BHARAT PETROLEUM CORPORATION LIMITED

(BPCL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Sensex, Nifty end higher as banks, financials offset Reliance weakness

11/02/2020 | 05:38am EST
People walk past the Bombay Stock Exchange building in Mumbai

BENGALURU (Reuters) - Indian stocks ended higher on Monday, as gains in heavyweight bank and financial stocks on strong earnings boosted indexes and offset losses in Reliance Industries after the oil-to-telecoms conglomerate reported a quarterly profit dip.

The NSE Nifty 50 index closed up 0.23% at 11,669.15 and the S&P BSE Sensex ended 0.36% higher at 39,757.58.

The country's biggest mortgage lender HDFC Ltd rose as much as 7.4%, the top boost on the main indexes, after the company reported an upbeat profit for the quarter to September.

They also helped the Nifty Financials Index rise as much as 4.6%.

The Nifty Banking Index snapped a three-session losing streak to end 4.15% higher, led by private-sector lenders IndusInd Bank and ICICI Bank adding 6.3% and 7.3%, respectively, after they reported upbeat results on Friday.

"Top banks and financial companies have seen some good results and we are seeing some stellar moves on those stocks," said Neeraj Dewan, director at Quantum Securities in Mumbai.

"There were also a lot of short positions being built up on bank stocks."

Reliance Industries saw its worst day since March and ended 8.69% lower after the company on Friday reported a 15% fall in quarterly profit as the COVID-19 pandemic battered its oil business.

Reliance, India's most valuable stock, lost about 916 billion rupees ($12.31 billion) in market value from its last close, after having gained in three of four sessions ahead of its earnings results.

Reliance's rival Bharat Petroleum Corp ended down 2.27%, while the Nifty energy index closed 2.5% lower.

(Reporting by Derek Francis in Bengaluru; Editing by Ramakrishnan M.)

By Derek Francis


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BHARAT PETROLEUM CORPORATION LIMITED -2.84% 414.6 Delayed Quote.8.79%
ICICI BANK LIMITED -1.86% 543 Delayed Quote.1.49%
INDUSIND BANK LIMITED -0.28% 966.8 End-of-day quote.8.03%
LONDON BRENT OIL -2.91% 54.8 Delayed Quote.9.17%
NIFTY 50 -1.11% 14433.7 Delayed Quote.3.23%
NIFTY 500 -1.15% 11931.2 Delayed Quote.3.58%
RELIANCE INDUSTRIES LTD -1.18% 1937.45 Delayed Quote.-2.41%
SENSEX 30 -1.11% 49034.67 Real-time Quote.3.84%
WTI -3.09% 52.11 Delayed Quote.11.60%
All news about BHARAT PETROLEUM CORPORATION LIMITED
01/14ANALYSIS : Making virus crisis budget, India needs to spend, funds may fall shor..
RE
01/03India invites initial bids for 26% stake in state-run BEML
RE
2020Exclusive-India eyes asset sales to partly fund higher spending next year-sou..
RE
2020Indian refiners' November crude processing hits eight-month high
RE
2020Gas pipeline blast kills two, destroys houses in Gujarat
RE
2020BHARAT PETROLEUM : Government opens bids to sell majority stake in Shipping Corp..
RE
2020EXCLUSIVE : India plans tough annual targets for state firms to boost valuations..
RE
2020BPCL Board Approves Acquisition of Remaining Stake in JV
MT
2020MARKET CHATTER : India's Oil Companies Raise Cooking Gas Price for Second Time i..
MT
2020Indian shares close at record high on financial, IT sector boost
RE
More news
Financials
Sales 2021 2 099 B 28 692 M 28 692 M
Net income 2021 68 955 M 943 M 943 M
Net Debt 2021 551 B 7 526 M 7 526 M
P/E ratio 2021 12,5x
Yield 2021 3,49%
Capitalization 899 B 12 295 M 12 294 M
EV / Sales 2021 0,69x
EV / Sales 2022 0,56x
Nbr of Employees 11 249
Free-Float 38,5%
Chart BHARAT PETROLEUM CORPORATION LIMITED
Duration : Period :
Bharat Petroleum Corporation Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BHARAT PETROLEUM CORPORATION LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 30
Average target price 461,83 INR
Last Close Price 414,60 INR
Spread / Highest target 32,7%
Spread / Average Target 11,4%
Spread / Lowest Target -9,55%
EPS Revisions
Managers and Directors
NameTitle
Padmakar Kappagantula Chairman, Managing Director & Director-HR
Neelakantapillai Vijayagopal Finance Director & Executive Director
R. Narayanan Executive Director-Information Systems
S. Bhargava Executive Director-Research & Development
Y. V. Apte Executive Director-Engineering & Projects
Sector and Competitors
1st jan.Capitalization (M$)
BHARAT PETROLEUM CORPORATION LIMITED8.79%12 295
EXXON MOBIL CORPORATION16.18%202 490
RELIANCE INDUSTRIES LTD-2.41%168 168
BP PLC18.70%83 090
CHINA PETROLEUM & CHEMICAL CORPORATION14.70%75 625
NESTE OYJ2.13%56 091