Sell Bharat Petroleum Corporation, target price Rs 381: Prabhudas Lilladher

Prabhudas Lilladher has sell call on Bharat Petroleum Corporation with a target price of Rs 381. The current market price of Bharat Petroleum Corporation is Rs 504.85.

Bharat Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 109753.34 Crore) operating in Gas & Petroleum sector.

Bharat Petroleum Corporation Ltd. key Products/Revenue Segments include Petroleum Products, Oil Crude, Other Operating Revenue, Subsidy for the year ending 31-Mar-2022.



Financials
For the quarter ended 31-12-2023, the company has reported a Consolidated Total Income of Rs 115989.89 Crore, up 11.83 % from last quarter Total Income of Rs 103719.98 Crore and down -2.94 % from last year same quarter Total Income of Rs 119508.70 Crore. Company has reported net profit after tax of Rs 2690.00 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 52.98 per cent stake in the company as of 31-Dec-2023, while FIIs owned 14.21 per cent, DIIs 22.11 per cent.