Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
344.20
Change Change %
8.90 2.65%

Updated:22 Feb, 2019, 15:59 PM IST

BSE
344.85
Change Change %
9.85 2.94%

Updated:22 Feb, 2019, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
02-09-2016 Sell 585.00 585.00
N/A
Target Hit Long (1Y)
02-09-2017

Religare maintains sell on Bharat Petroleum Corporation

BPCL reported below-expected operating performance in Q1 with gross refining margins at $6.1 per barrel. Inventory gains of Rs 1,280 crore boosted its operating profit. BPCL's valuation premium due to E&P upsides and GRMs could taper off as the company struggles to maintain market share in fuel sales.

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