Bharat Petroleum Corporation Ltd News
BPCL Q4 net profit declines 82% to Rs 2,131 cr; revenue rises 25%_66662
BPCL and other public sector oil companies held petrol and diesel prices for a record duration despite a surge in the cost of raw materials (crude oil) to a 14-year high
 "BPCL Q4 net profit declines 82% to Rs 2,131 cr; revenue rises 25%_66662")
HPCL, BPCL, IOC: Will OMC stocks remain under pressure on excise duty cut?_65552
According to the current chart structures, shares of OMCs needs to hold their relevant support levels to stay afloat.
 "HPCL, BPCL, IOC: Will OMC stocks remain under pressure on excise duty cut?_65552")
OMCs in focus; HPCL hits 52-week low, IOC slips 4% on disappointing Q4_63951
As per media reports, the government is considering selling a 20-25 per cent stake in BPCL instead of its entire 53 per cent holding, previously under divestment process.
 "OMCs in focus; HPCL hits 52-week low, IOC slips 4% on disappointing Q4_63951")
Govt weighs selling part of BPCL instead of entire stake: Report_63760
New Delhi is considering inviting bids for a 20%-25% stake in BPCL, instead of an outright sale of its entire 52.98% holding, say two government officials who declined to be named
BPCL falls 6% on report that government may revisit privatisation plan_56601
The government holds 53% stake in BPCL and is planning to sell its entire stake
 "BPCL falls 6% on report that government may revisit privatisation plan_56601")
NTPC, M&M, BPCL: 5 Nifty50 stocks that can rally up to 30% in coming days_55881
NTPC, Adani Ports, Coal India, M&M and BPCL can rise higher, indicates technical charts
 "NTPC, M&M, BPCL: 5 Nifty50 stocks that can rally up to 30% in coming days_55881")
Foreign investors likely to return to Indian equities soon: Chris Wood_44696
Foreign portfolio investors exited India in droves and have sold stocks since October 2021 amid fears of an earlier and faster-than-expected rate hike by the US Federal Reserve (US Fed)
 "Foreign investors likely to return to Indian equities soon: Chris Wood_44696")
Markets are not fully pricing in fuel-led inflation yet, say analysts_45668
Retail prices of petrol and diesel had been on a freeze since October 2021 when crude oil prices were hovering around $80 a barrel
 "Markets are not fully pricing in fuel-led inflation yet, say analysts_45668")
Will petrol, diesel price hike set OMC stocks on fire? What charts suggest_45699
Except IOC, which managed to hold 200-DMA, other stocks are in no mood to conquer their respective hurdles yet, technical charts indicate
 "Will petrol, diesel price hike set OMC stocks on fire? What charts suggest_45699")
Brent tops $130. Fuel hike on cards? Trading strategies for RIL, ONGC, OMCs_40461
ONGC is set to gain another 12 per cent in the upcoming sessions, while other oil related stocks show weakness.
 "Brent tops $130. Fuel hike on cards? Trading strategies for RIL, ONGC, OMCs_40461")
Amid Ukraine crisis, clouds of uncertainty weigh on OMC stocks_39021
Fall in refining margins and likely sharing of subsidy burden are key overhangs
 "Amid Ukraine crisis, clouds of uncertainty weigh on OMC stocks_39021")
Trading strategies for oil-related stocks as Brent crude tops $105 level_36957
SpiceJet, Berger Paints and BPCL look weak on charts, while ONGC could gain another 4-8%.
OMCs under pressure as Brent tops $100-mark; BPCL, IGL hit 52-week lows_36440
BPCL, HPCL, Indian Oil, Gujarat Gas, Petronet LNG, Indraprastha Gas and Mahanagar Gas are trading 2 per cent to 6 per cent lower on the BSE.
 "OMCs under pressure as Brent tops $100-mark; BPCL, IGL hit 52-week lows_36440")
BPCL hits 52-week low on likely delay in divestment, soaring oil prices_35423
Even if OMCs are not made to share any under-recovery, the continued pricing intervention would make it utterly difficult to divest government's stake in BPCL, Motilal Oswal said in its report
India's Green Hydrogen Policy to benefit RIL, Tata Power the most: Analysts_35051
RIL has already spent $1.4 billion to acquire technologies across the solar battery and hydrogen ecosystems
 "India's Green Hydrogen Policy to benefit RIL, Tata Power the most: Analysts_35051")
BPCL in talks with e-2w-makers to share outlets for charging stations_34363
BPCL is planning to invest Rs 1,400 crore for four-wheeler EV facilities at 7,000 outlets
 "BPCL in talks with e-2w-makers to share outlets for charging stations_34363")
Oil hits $95: Buy paint, tyre stocks on dips, avoid aviation, say analysts_32081
Oil prices climbed towards their highest levels in more than seven years on Monday on fears that a possible invasion of Ukraine by Russia could trigger sanctions (on the latter) from US and Europe
 "Oil hits $95: Buy paint, tyre stocks on dips, avoid aviation, say analysts_32081")
BPCL says no bidder visits in Q3, privatisation may be pushed to FY23_26678
Govt is selling its entire 52.98% stake in BPCL for which three EoIs, including one from billionaire Anil Agarwal-led Vedanta Group, have been received
 "BPCL says no bidder visits in Q3, privatisation may be pushed to FY23_26678")
BPCL Q3 consolidated net rises 48% to Rs 2,805 cr, revenue rises by 35%_25641
Company attributes strong show to normalisation of business and rising fuel demand
Crude trumps $90: ONGC may see 15% upside; OMCs indicate a mixed trend_23831
The two major OMCs were exhibiting a mixed trend on the charts, with HPCL reflecting positivity, while BPCL struggling to hold ground.
 "Crude trumps $90: ONGC may see 15% upside; OMCs indicate a mixed trend_23831")
