BPCL: Unfavourable risk-reward. Downgrade to REDUCE
Bharat Petroleum Corporation (BPCL) stock has rallied ~35% and has outperformed the Sensex by ~26% over the last 3M, driven by improving auto fuel...
617 Views
BPCL: Improving outlook, upgrade to BUY
Bharat Petroleum Corporation (BPCL) has outperformed the Sensex by ~8% over the last 6M, driven by improving auto fuel marketing margins as Brent...
538 Views
Bharat Petroleum Corporation - BPCL Management Meeting
Initial plans include Rs50bn investment to set up 1GW of green hydrogen capacity using electrolysis at its Bina refinery site (erstwhile BORL)
377 Views
Bharat Petroleum Corporation - Miss on PAT Due to Miss on Other Income and High
BPCL reported standalone PAT at Rs24.62bn, which missed NBIE/street estimates by 18.5%/27.3% - the miss on our estimate was due to the miss on...
325 Views
BPCL (Update): Favourable risk-reward. Upgrade to BUY
We upgrade Bharat Petroleum Corporation (BPCL) to BUY, with a target price of INR 420, given it has corrected ~30% from its peak over the last six...
445 Views