Trending stocks: BPCL share price dips over 2%

NEW DELHI: Shares of Bharat Petroleum Corporation traded 2.22 per cent down in Wednesday 's trade at 11:27AM (IST).

Around 3834072 shares changed hands on the counter. The stock opened at Rs 357.2 and touched an intraday high and low of Rs 360.0 and Rs 337.15 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 546.0 and a 52-week low of Rs 238.55 .


Indian Oil Corp and Bharat Petroleum Corp Ltd (BPCL) are among the state-owned oil PSUs which on Tuesday resumed work on select projects after the government allowed partial relaxation in the nationwide lockdown.

Financials
Bharat Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 77073.55 Crore) operating in Gas & Petroleum sector.

For the quarter ended 31-12-2019, the company reported a Consolidated sales of Rs 74959.18 Crore, up 16.60 % from last quarter Sales of Rs 64289.50 Crore and down -5.95 % from last year same quarter Sales of Rs 79698.52 Crore. The Company reported net profit after tax of Rs 1616.49 Crore in latest quarter.

Bharat Petroleum Corporation Ltd. key Products/Revenue Segments include Petroleum Products which contributed Rs 333629.08 Crore to Sales Value (98.81 % of Total Sales), Oil Crude which contributed Rs 1842.41 Crore to Sales Value (0.54 % of Total Sales), Other Operating Revenue which contributed Rs 1238.08 Crore to Sales Value (0.36 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 52.976013 per cent stake in the company as of quarter ended 31st Dec 2019 .

Valuation ratio
It quoted a price-to-earnings ratio of 9.67 and price to book value of 1.68 .