ट्रेंडिंग न्यूज़

₹305 Government Share Suddenly Crashed; Company Announced Quarterly Results

Bharat Petroleum Corporation Ltd (NSE: BPCL) Share Price: Government company Bharat Petroleum Corporation Ltd has announced its quarterly results. Bharat Petroleum Corporation Ltd’s net profit has declined. 

The company’s net profit has declined by 71 percent on an annual basis. Bharat Petroleum Corporation Ltd’s net profit from April to June 2024 was Rs 3015 crore.

Increase In Company’s Cost

The gross refining margin of the country’s third-largest refinery fell to $ 7.86 per barrel. A year ago it was $ 12.64 per barrel.

Let us tell you, that due to the increase in crude oil prices, Bharat Petroleum Corporation Ltd’s cost has increased by 17 percent.

The Company Has Already Distributed Free Bonus Shares

The company traded as an ex-bonus stock only last month. Then the company gave one share bonus on one share. 

The company has already given the gift of bonus shares to investors 3 times before this. For the first time, the company gave 1 share for 1 share to Bharat Petroleum Corporation Ltd as a bonus in 2012. 

For the third time this year, and again in the year 2017 for the 3rd time, the government company issued bonus shares.

The Company Has Also Been Giving Dividends

Bharat Petroleum Corporation Ltd is also giving dividends to investors at regular intervals. The company last gave dividends in 2023. 

Then the company gave a dividend of Rs 21 per share. This year, the company hasn’t yet announced dividends.

The company’s share had fallen even before the quarterly results came out. The company’s share closed at Rs 303.80 with a decline of 4.48 percent on BSE. 

During the last year, the company’s share prices have seen a rise of 60 percent. Let us tell you, the government’s stake in the company is 53 percent.

Bharat Petroleum Corporation Stock Performance

Current Price ₹ 305
52-wk High ₹ 344 
52-wk Low ₹ 166
5 Days Return -1.40%
1 Month Return -2.44%

Key Fundamentals Parameters

Market Cap ₹ 1,31,804 Cr.
Stock P/E 6.76
Book Value ₹ 174
Dividend 3.46 %
ROCE 32.1 %
ROE 41.9 %
Face Value ₹ 10.0
P/B Value 1.74
OPM 7.52 %
EPS ₹ 43.9
Debt ₹ 54,599 Cr.
Debt to Equity 0.72

Bharat Petroleum Corporation Shareholding Pattern

Promoters Holding
June 2023 52.98%
Sept 2023 52.98%
Dec 2023 52.98%
Mar 2024 52.98%
Jun 2024 52.98%
FII Holding
Jun 2023 12.55%
Sep 2023 13.01%
Dec 2023 14.21%
Mar 2024 16.79%
Jun 2024 15.04%
DII Holding
Jun 2023 23.10%
Sep 2023 22.53%
Dec 2023 22.13%
Mar 2024 21.30%
Jun 2024 21.31%
Govt. Holding
Jun 2023 0.94%
Sep 2023 0.94%
Dec 2023 0.94%
Mar 2024 0.94%
Jun 2024 0.94%
Public Holding
Jun 2023 10.12%
Sep 2023 10.21%
Dec 2023 9.44%
Mar 2024 8.00%
Jun 2024 9.73%
Others
June 2023 0.32%
Sept 2023 0.32%
Dec 2023 0.32%
Mar 2024 0.00%
Jun 2024 0.00%

Bharat Petroleum Corporation Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020 ₹ 284,572 Cr
2021 ₹ 230,171 Cr
2022 ₹ 346,791 Cr
2023 ₹ 473,187 Cr
2024 ₹ 448,193 Cr

Last 5 Years’ Net Profit:

2020 ₹ 3,666 Cr
2021 ₹ 17,320 Cr
2022 ₹ 11,682 Cr
2023 ₹ 2,131 Cr
2024 ₹ 19,056 Cr

Conclusion

This article provides a detail guide about Bharat Petroleum Corporation Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

careermotto

A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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