Bharat Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 93755.10 Crore) operating in Gas & Petroleum sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 66809.47 Crore, up 34.39 % from last quarter Total Income of Rs 49713.32 Crore and down -11.54 % from last year same quarter Total Income of Rs 75527.70 Crore. Company reported net profit after tax of Rs 2627.45 Crore in latest quarter.
Investment Rationale
The stock has given a breakout from inverse head and shoulder chart formation with rising volume on the daily chart.
Promoter/FII Holdings
Promoters held 53 per cent stake in the company as of March 31, 2020, while FIIs held 12.3 per cent, DIIs 19.6 per cent and public and others 15.1 per cent.
