The board of directors of the company has approved the proposal to seek shareholder consent by way of a postal ballot for increasing the ceiling of FII investment in BPCL from 24% up to 49% in one or more tranches subject to regulatory approval.
BPCL gained 2% to Rs.935 on BSE. The company is planning to acquire additional stake in Petronet CCK. The board of directors of the company has approved the proposal to seek shareholder consent through postal ballot for increasing the ceiling of investment by Foreign Institutional Investors in the shareholding of BPCL from 24% up to 49% in one or more tranches subject to regulatory approval.
The scrip opened at Rs. 926.9 and has touched a high and low of Rs. 939 and Rs. 925.3 respectively. So far 444866(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 66288.36 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 987 on 23-Jul-2015 and a 52 week low of Rs. 704.4 on 13-May-2015. Last one week high and low of the scrip stood at Rs. 919.2 and Rs. 879 respectively.
The promoters holding in the company stood at 54.93 % while Institutions and Non-Institutions held 30.69 % and 14.38 % respectively.
The stock is currently trading above its 200 DMA.
The scrip opened at Rs. 926.9 and has touched a high and low of Rs. 939 and Rs. 925.3 respectively. So far 444866(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 66288.36 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 987 on 23-Jul-2015 and a 52 week low of Rs. 704.4 on 13-May-2015. Last one week high and low of the scrip stood at Rs. 919.2 and Rs. 879 respectively.
The promoters holding in the company stood at 54.93 % while Institutions and Non-Institutions held 30.69 % and 14.38 % respectively.
The stock is currently trading above its 200 DMA.
No comments:
Post a Comment