Wednesday, 17 February 2016

BPCL advances after getting green nod for pipeline project

The company has received clearance from the Environment Ministry for a Rs 3.3 billion project at its Kochi Refinery in Kerala.


Bharat Petroleum Corporation Ltd rises 1.6% 762.15 on BSE. The company has received clearance from the Environment Ministry for a Rs 3.3 billion project at its Kochi Refinery in Kerala.

The scrip opened at Rs. 760 and has touched a high and low of Rs. 770.5 and Rs. 756.95 respectively. So far 491804(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 54256.31 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. 842.05 and Rs. 733 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 100 DMA.

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