Bharat Petroleum Corporation Ltd (BPCL) witnessed a significant market cap gain of ₹4,456.66 crore today, as its shares rose by nearly 3% in early trade, reaching ₹350.75.
BPCL’s total market capitalization now stands at ₹1,52,173.08 crore, driven by the positive movement in its stock price. As of 10:07 AM, BPCL shares were trading at ₹350.75 on the NSE, with a 72.18 lakh share volume and a total traded value of ₹251.33 crore. The stock hit a high of ₹351.50 during the session.
Oil Marketing Companies (OMCs) are experiencing gains this morning as crude oil prices fell by 2.5% overnight. The decline comes after OPEC revised its global demand estimates downward, projecting demand growth of 1.93 million barrels per day (mbpd) for 2024 and 1.65 mbpd for 2025.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
