Search Results Page

BPCL slumps after new high

about 6 years ago

BPCL is having a roller coaster ride today morning. In fact yesterday too, it had hit a new 52-week high at Rs.548 and today it opened at another new high at Rs.549.70

BPCL rises almost 4.5%

about 6 years ago

BPCL opened today 3% higher at Rs.520 and rose almost 4.5% to Rs.528. Its 52-week high is at Rs.547.50.

BPCL - Divestment now to be on Fast Track?

about 4 years ago

Has countdown of Govt stake sale of 53% in BPCL begun, with new Minister at the helm?

BPCL , IOC down in red

about 7 years ago

BPCL is down 4% at Rs.430 and IOC is also down 4%, going on to hit a new low at Rs.176 levels.

BPCL - Another Hefty Dividend in FY 21?

about 4 years ago

Government is seen keen to expedite the BPCL privatisation process, to mobilise Rs. 60,000 cr, from its 53% stake of BPCL, as also, to send a strong message of will of Govt of priavtisation move.

HPCL and BPCL down in the red

about 9 years ago

OMCs HPCL and BPCL are down in the red, figuring amongst the top losers on the bourses. HPCL is down 5% at Rs.447 and BPCL is down over 3.5% at Rs.621 levels. IOC is also down 2% at Rs.1900. Yesterday, the much awaited OPEC meet finally bore fruit and the production cut finally got announced ...

BPCL jumps on FII limit increase

about 9 years ago

Public sector oil marketing company, BPCL is in the spotlight currently. Moving up 2% intra day to Rs.999, just Rs.33 shy of its 52-week of Rs.1032, the stock, for now, remains firmly in the green. The stock is up after RBI approved increase in investment limit by foreign institutional inves ...

BPCL surprises with a 1:1 bonus

about 9 years ago

BPCL posted a drop in its net profit for Q4FY16 yet the stock price hit a new 52-week high today at Rs.1023.65 and this was after breaching the upper circuit at Rs.1019. Volumes are up almost 6 times. The market is thrilled with the unexpected happy news from BPCL - it surprised everyone wit ...

BPCL hits lifetime high

about 10 years ago

In this otherwise totally “crashed” market with declines superseding advances, PSU oil major BPCL has hit a life-time high today at Rs.881. And the reason for this euphoria on the counter is the fall in the price of crude oil, which during the day dipped below $60 to $59/barrel after ...

BPCL and HPCL in the red

about 11 years ago

BPCL and HPCL figure out amongst the top five losers on the BSE. BPCL is currently down almost 3% at Rs.436 while HPCL is down over 2% at Rs.285. Both Govt owned Oil Marketing companies (OMCs) are down on news that the Finance Ministry wants these companies to absorb a much higher share of u ...

BPCL at a 4-month high

about 9 years ago

BPCL rose to a four-month high of Rs.939.80, its intra day high. Its 52-week high is at Rs.987 and low is at Rs.704.40. The stock is in the limelight after the company’s board of directors approved the proposal for increasing the ceiling of investment by FIIs in the company from the pr ...

BPCL tanks on "Trust"

about 4 years ago

The stock opened itself over 4% lower at Rs.447.05 and went down to its present intraday low at Rs.440.50 and is now trading at Rs443 levels

BPCL holding onto green

about 5 years ago

It has come of this high of the day and is now just about holding to the green at Rs.355, up 0.5%.

BPCL shrugs off the "mood"

about 6 years ago

Yesterday, the stock closed in the red at Rs.496.30 but today, it seems to have shrugged of the “mood” and went on to the days high point at Rs.502.30

BPCL slips on poor Q2 show

about 7 years ago

Bharat Petroleum (BPCL) is a big loser on the BSE today morning, figuring among the top five losers. The stock price slipped 4.5% to Rs.264.50 and remains firmly in the red.

BPCL leads losers

about 5 years ago

The stock is the top loser on the BSE since opening bell, going down 5% to Rs.392.35. Its 10% LC for the day is at Rs.371.45.

BPCL hits new low

about 3 years ago

The stock is attracting a lot of attention today, the selling kind. The stock opened lower at Rs.360 and went down further to hit a new 52-week low

BPCL spurts up

about 5 years ago

The stock is currently among the top five gainers on the BSE, going up over 7.5% to hit an intraday high at Rs.423.90.

BPCL tanks 6%

about 3 years ago

This has led to the stock opening weak today at Rs.380.05 and going down to an intraday low at Rs.368.75, a fall of over 6%. Its 52-week low is at Rs.331.

BPCL - A pricey pick for potential acquirer

about 5 years ago

One Lion is enough with determination, instead of having 10 herd in any acquisition.

BPCL next in line for Privatisation?

about 4 years ago

It is learnt that immediately after approval of audited Q4 and FY 21 numbers, CCEA will give timeline for financial bids.

BPCL - Rs. 58 Dividend Ex Date - Stake Sale Countdown Begins

about 4 years ago

Rs. 35 Special Dividend and Rs. 23 Final Dividend for FY 21

BPCL - Attraction of Dividend of Rs. 58, on Cum & Ex Both

about 4 years ago

Recent experience of fat dividend of Rs. 18.50 per share, on FV of Re 1, in case of Vedanta Ltd, saw huge buying on cum and ex dividend both

After Air India, all eyes will now be on BPCL

about 4 years ago

As they say, Actions Speak Louder than Words; and this one from GoI, will clearly be noticed by all - in India and outside.

BPCL – Another dividend on the way?

about 4 years ago

For now, shareholders are celebrating, and in festive spirits, terming this announcement as sone pe suhaga!

BPCL jumps red to green

about 5 years ago

The stock price, which had closed yesterday at Rs.349.05, opened in the red at Rs.337.65 but from there, it zoomed up

BPCL barrels a new high

about 4 years ago

Enthused by this performance, the stock opened itself at a new high of Rs.488, up over 3.5% over yesterday’s close on the back of an over 2.5 times jump in volumes.

BPCL - Good Q2 numbers revive hopes of strategic sale in this FY

about 5 years ago

Auto sales and Petro product demand seen having returned back to pre Covid levels, while private players are seen expanding their footprint now.

Downstream down and upstream up!

about 7 years ago

The oil marketing (OMCs) or downstream companies are leading the fall on the markets today morning. The top losers are HPCL – down 7%, BPCL – down 6% and IOC – down 6.25%.

Oil companies in the limelight

about 8 years ago

Oil companies are in the limelight today. Upstream oil company, ONGC fell almost 3% to Rs.176.80. On the other hand, downstream oil marketing companies (OMCs) HPCL rose over 2.5% to Rs.422, BPCL rose 3% to Rs.507 and Indian Oil rose 1.3% to Rs.393.

OMCs up in the green

about 8 years ago

Oil Marketing Companies (OMCs) are up in the green today. Indian Oil rose almost 3% to Rs.419; BPCL was up over 3% at Rs.494 and HPCL rose almost 4% to Rs.451.

DESPACITO – SLOWLY GETTING DESPONDENT

about 6 years ago

If the Govt had thought that it could have got the market to celebrate and soar with their merger announcements on Friday; well, it gauged the moods completely wrong. The overhang of the slowdown, the further falling sales numbers of the auto sector and another merger news of BPCL into Indian Oil Corporation kept the markets down, really really down.

OMCs lose as rupee falls

about 10 years ago

Oil marketing companies (OMCs) are the top three losers on the BSE. The top loser is HPCl, down 7% at Rs.887.25, BPCL is number two – down 6% at Rs.871.05 and third top loser is IOC, down 6% at Rs.393.90. The worry is obviously because of crude oil hitting new lows. Yesterday, post yua ...

OMCs bounce back

about 7 years ago

HPCL is up today over 5% at Rs.228.60; BPCL went up over 5.5% at Rs.284.05 and IOC also went up over 4.5% to Rs.135.95.

OMCs rise as crude falls

about 6 years ago

HPCL hit a new high today at Rs.333.45, rising 3% while BPCL rose over 2.5% to Rs.419.50, which is just a little over 3% away from its 52-week high of Rs.428.80

OMCs hit by Aramco attacks

about 6 years ago

OMCs are among the top five losers on the BSE currently. HPCL is the top loser, down over 6% at Rs.254.25, followed by Chennai Petroleum at 188.90, down 3%. BPCL is down over 6.2% at Rs.383.25.

OMCs rise as crude falls

about 6 years ago

Oil Marketing Companies (OMCs) – HPCL and BPCL are among the top five gainers on the BSE currently, rising 5% to Rs.32425 and rising 4.5% to Rs.516.75, a new high

OMCs rejoice as oil falls

about 5 years ago

IOC rose 4.5% to Rs.105.25; HPCL rose almost 13% to Rs.226.60 and BPCL was also up 13% at Rs.454.10.

Refinery stocks in losses

about 3 years ago

HPCL as well as BPCL are currently among the top five losers on the BSE; BPCL went down almost 5% to hit an intraday low at Rs.320.30 while HPCL went down 6.5% to Rs.235.10.

Vedanta Delisting - Why it did not go through?

about 5 years ago

Could Hind Zinc and BPCL be the reason?

OMCs jump up as fuel prices rise

about 9 years ago

It is after a long gap that oil marketing companies, HPCL and BPCL are today figuring out in the top gainers list. HPCL is up Rs.20 at Rs.810.80 and BPCL is up Rs.21 at Rs.907.65. Indian Oil Corporation is also in the green, up by around Rs.8 at Rs.409. It is reacting to petrol price being h ...

OMCs and ONGC lead the surge

about 11 years ago

The market, as expected, as zoomed up today morning, reacting positively to the diesel deregulation and much awaited gas price hike. The gainers are led by Oil Marketing Companies (OMCs) – HPCL up 7% at Rs.524 which is after hitting a new high at Rs.534, BPCL up 6% at Rs.706, IOC up 6% at R ...

OMCs celebrate petrol price hike

about 10 years ago

Oil Marketing companies (OMCs) like HPCL, BPCL and IOC are up in the green. HPCL hit a new 52-week high today at Rs.710.90 and IOC is up over 1.5% at Rs.358. BPCL is also up over 1.5% at Rs.846 levels. These OMC stocks are up in an other dull market as these companies announced a hike in pet ...

OMC's surge as crude falls

about 11 years ago

OMC companies like HPCL, BPCL and IOC are doing very today in an otherwise lackluster market. HPCL leads the pack, up almost 4.5% at Rs.508.10, a new 52-week high. BPCL is up 3% at Rs.669.75. IOC is up over 4% at Rs.372. These stocks are cheering as brent crude has now slipped to $90.85/barr ...

ONGC is top loser on BSE

about 11 years ago

ONGC is currently the top loser on the BSE, with the stock losing 5% at Rs.415.15, with an intra day low at Rs.406.50. It is followed by other oil stocks – HPCL, BPCL and Oil India. These stocks are down after the much awaited decision from the Cabinet Committee on Economic Affairs (CC ...

IOC leads OMC gainers

about 12 years ago

Oil Marketing Company (OMC) stocks like HPCL, BPCL and Indian Oil Corporation (IOC) are all in the green at the moment. IOC is up over 1% at Rs.208.85, its current intra day low though intra day high was robust at Rs.214. Volumes remain muted. These OMC stocks are in the green after the RBI ...

New subsidy formula: Pre-curser to ONGC divestment

about 11 years ago

ONGC share is ruling mildly in the positive at 352 (up 0.21%) when BSE Sensex is down 1.2%. Petroleum ministry has finalised a new oil subsidy-sharing formula, under which ONGC will have to pay only Rs 3,252 crore to the three state-owned fuel marketing companies (IOC, BPCL and HPCL) for Q3FY15 ( ...

OMCs cheer no tax roll back

about 8 years ago

BPCL jumped up 5% to Rs.525 the moment it opened for trading; HPCL rose almost 4.5% to Rs.47.45 and IOC too rose 4.5% to Rs.434.60.

OMCs all at new low

about 7 years ago

BPCL hit a new low today at Rs.330; HPCL too was at a new low at Rs.233.50 and IOC was also at a new low at Rs.146.

CCI PROBE OF OMCS - A FUTILE EXERCISE

about 13 years ago

CCI believes there is cartelization in increasing and decreasing prices of a deregulated commodity such as petrol by the 3 state OMCs. Logic warrants that cartelization is undertaken only with an objective to benefit. If the OMCs are losing money on every litre of petrol they sell, how can the alleged cartelization stand to fleece the consumers and benefit the companies? Under-recovery, in no language, stands for 'gains'!

AS CRUDE SLIPS AND FALLS, EQUITIES CRASH

about 10 years ago

Today morning, price of oil sank to a 12-year low with Brent crude trading down 3% at $27.88 a barrel. Following this, shares across Asia and Europe sank lower and there is now a virtual scamper to find safer havens like US dollar and gold. Naturally, along with the 600-points fall in equities, rupee inched closer to the record low of Rs.68.85

NOT A GOOD TIME TO BET ON HIGH DEBT COMPANIES

about 10 years ago

The RBI reduced rates and there is hope that it has finally begun the downward rate cycle. So when the rates were up, we shunned high debt companies and now if rates are coming down, do we need to relook at some of these high debt companies? These companies are sure to show some

DIESEL DEREGULATION & GAS PRICE HIKE - WHOs, WHYS, HOWs & WHATs

about 11 years ago

Diesel price deregulation and gas price hike were two 'items' on the expected agenda. These decisions had been deferred for so long that one had stopped expecting them. But this 'Sunday special' was indeed a big surprise. So we now take a quick Q&A of these two happenings, trying to understand the concept better.

OIL SUBSIDY - TOO MANY SLIPS AND FALLS

about 12 years ago

Yesterday, the Finance Minister approved the subsidy compensation for oil marketing companies (OMCs) for Q4FY13 at Rs.45,000 crore. Earlier during the fiscal, cash subsidy of Rs.55,000 crore was given; this means that for FY13, the total subsidy doled out is to the tune of a jaw dropping Rs.100,000 crore or Rs.1 trillion. Upstream OMCs will share a subsidy burden to the tune of Rs.60,000 crore.

THE POLITICS AND ECONOMICS OF OIL PRICE HIKE

about 13 years ago

Well, the economics and politics of oil is much more slimy and slippery than the price of crude alone. It is a catch 22 situation for the Govt. It bleeds the oil companies if it keeps the prices intact and if it hikes the prices, it will bleed the people of India further. For many, the way the oil pricing works remains a mystery.

Vedanta - Promoters to buy 5% more in April 2021?

about 5 years ago

This gives clear roadmap of growth for Vedanta, which is capable to post an annual PAT of Rs. 24,000 crore, excluding share of minority interests.

INDIA PLAGUED BY 3 P's - POLITICS, PRICES AND PARTYING

about 13 years ago

Politics is all about timing. The right time to protest, the right time to threaten, the right time to woo people with sops, the right time to hike prices and the right time to roll back. And DMK has got its politics bang on!

OMCs - THE MATH IN THE AFTERMATH OF PRICE HIKE

about 13 years ago

$logo1$

The Govt. has allowed Oil Marketing Companies (OMCs) to hike petrol prices by Rs. 7.50 per litre, effective Thursday midnight. A lot has been written and talked about on the same. The pain to the 'aam aadmi', the 'inflationary' rule of the UPA, utter disgust and frustration; it is all a part of the same story. But we are seeing only side of the coin, the side to which we belong. What about the other side?

Rs.70 THE NEW NORM FOR INDIAN RUPEE?

about 7 years ago

There is a sense of unease on Dalal Street. And also on Mint Street. Stocks as well the rupee are down in the red and the mood is that of great uncertainty. The rupee crossed the Rs.72-mark yesterday and the plunge was arrested only on account of RBI intervention. Though Finance Minister Arun Jaitley

Vedanta- May Expiry made Stock more Bullish now

about 4 years ago

On a lighter note, informed circles are expecting stock price to move to around 333, in the next 3 months, 3 weeks and 3 days.:)

Hind Copper OFS - On Similar Lines of SAIL

about 4 years ago

LIC is holding 10.64% stake in Hind Copper, while 84 lakh shares were acquired in recent QIP at Rs. 119.60 per share. LIC may monetize is 11% stake, ahead of its IPO, maybe at Rs. 200 per share.

Bank of Maharashtra - Seen Ahead In Stake Sale By Govt.

about 4 years ago

This retail float is of Rs. 365 crore, while 75% of this may not come for selling. So, MF & FIIs seen keen buyer will have a maximum float available of Rs. 92 crore, which is peanut for them.

Vedanta - May Take 1 Week Pause

about 4 years ago

There may be some halt on buying or frenzy getting cooled till Wed 8th December, where volatility to be seen in the stock, may see it falling to 325 levels as well. But short, medium and long term view on the stock remains extremely bullish.

SURPASSING DIVESTMENT TARGET – THAT’S GOING TO BE EASY PEASY

about 7 years ago

The Govt with great pride, in the Budget announced that its divestment target for FY18, which was pegged at Rs.72,000 crore would not only be met but might even go to a record high of Rs.1 lakh crore. The first time in 14 years that such a feat is accomplished!

Oil companies hit new lows

about 7 years ago

All the five losers on the BSE currently are oil companies – upstream as well as down stream. All have hit a new 52-week low today.

HPCL sinks into red

about 3 years ago

The stock price has understandably sunk down into the red today; it fell 5% to hit an intraday low at Rs.201.05, just a tad away from its 52-week low of Rs.200.

Vedanta loses 9.5%

about 4 years ago

The stock is among the top three losers on the BSE, going down 9.5% to hit an intraday low at Rs.306.45, which is not too far its 10% LC

Gas and fertiliser stocks rise

about 6 years ago

Domestic LPG and PNG suppliers are in the limelight today morning. Indraprastha Gas rose almost 3% to Rs.359.20, Mahanagar Gas was up over 2% at Rs.930.75 and Adani Gas was up over 5.5%

Vedanta in the limelight

about 7 years ago

Vedanta is in the limelight today morning. The stock price rose almost 3% to Rs.236.65, with some 4 lakh shares changing hands.

Oil India down in the red

about 9 years ago

Oil India currently figures out amongst the top losers on the BSE, going down over 3.5% to Rs.360. ONGC is also down in the red but not as much as Oil India – it went down over 1.5% to Rs.226.70. The reason for both these upstream oil companies going down into the red today is a new or ...

HPCL glides on Q4 profits

about 11 years ago

HPCL is on a good ride today morning. The stock which had closed yesterday at Rs.408.50, has opened today at Rs.424.30, going on to hit an intra day high at Rs.425.05 and currently remains at Rs.423 levels, up almost 4%. The Oil Marketing (OMCs) PSU declared its Q4/FY14 numbers yesterday aft ...

Petron Engg builds up

about 11 years ago

Petron Engineering Construction, which closed yesterday at Rs.112.75, opened higher today at Rs.112.35 and went on to hit an intra day high at Rs.114.25, getting closer to its 52-week high of Rs.118. Volumes are up almost two times. The stock has spiked up on the back of its announcement mad ...

Shriram EPC in the green

about 12 years ago

Shriram EPC is strongly in the green today, currently up over 5% at Rs.32.95, with an intra day high at Rs.34.75, though it is a far cry from the 52-week high of Rs.86. Volumes have spiked up by over 1 time. The stock is up on the back of having won hefty orders to the tune of Rs.214 crore. ...

BRACE FOR A PRICE HIKE

about 6 years ago

The U.S. on Monday announced that it would be cancelling the waivers from sanctions it had granted eight countries, including India, allowing them to import oil from Iran.

FALLING CRUDE, RISING FUEL PRICES

about 6 years ago

So many reasons for the crude price to fall globally but none of it matters to us, we the people, as we continue to pay higher and higher fuel prices. On Monday and Tuesday, the days when crude oil slipped $60, fuel prices in India rose to a peak.

DIVESTMENT TARGET – TOO FAR AWAY

about 6 years ago

A year ago, the Govt was so optimistic; with the halo of the previous successes of the PSU Divestments still hovering around, the target was increased to over Rs.1.05 lakh crore for FY20. Now with the going not as good as expected, stake sales hitting rough bumps

CRUDE – OUR POCKETS AND ECONOMY TO GET CHEWED!

about 3 years ago

Two years ago, we were looking at crude oil prices at $20/barrel and oil producing countries were crying barrels of tears. Today, they are a mighty happy lot what with crude nearing the three digit, $100/barrel mark. There is talk of $115, $114 and more such numbers doing the rounds. No one at this point of time is taking a call on the Sensex or the Nifty as all seem to have become busy plotting crude oil and the rupee’s trajectory.

BHARAT OMAN REFINERIES

about 17 years ago

Price Band : Rs. - to Rs. -
--------------------------------------------------

Net Debt to EBITDA ratio

about 7 years ago

The net debt to EBITDA ratio is a debt ratio which indicates that how many years a company would take to pay back its debt if net debt and EBITDA are held constant.

FALLING RUPEE - THE PULL OF GRAVITY GETS STRONGER

about 13 years ago

But why is the rupee falling so much? There are two factors now playing up the rupee. Firstly, dollar continues to remains the safest currency and it will remain so till the Eurozone stabilizes. Thus till the macro economic fundamentals around the world does not settle down, rupee will face selling against the dollar. Earlier, it ....

Yesterday's MG on Vedanta - Few Thankless Members Shown Their Colors

about 4 years ago

These were the last 2 paras of MG carried here yesterday on Vedanta. But few lazy, oversmart, greedy (briefly called as thankless members here) will only read heading and never take pain to read full text, while each word of article has its existence and meaning, which is written by us, taking huge pain, by burning midnight oil as well.

Activate membership to view Member Zone results