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BPCL

Bharat Petroleum Corporation Limited · NSE · INE029A01011 · F&O · lot 1,975 · 272 sessions on record
₹300.60▼ −2.60 · −0.9%from ₹303.20 the session before · 1 Oct 2026 close · NSE end of day
Open
₹302.00
High
₹305.05
Low
₹297.10
Day's range
₹7.92.6% of the previous close
VWAP
₹301.44close −0.28% from it
Volume, shares
56 L1.27× the 20-session average
Turnover, ₹ crore
170
Trades
47,000120 shares per trade
Previous close
₹303.20−2.60 to the close
Price band, next session
₹270.55 – ₹330.6510% either side of the close · dynamic, widened in 5% steps when hit
Day range44% of the way up
₹297.10₹305.05
52-week range27% of the way up
₹266.60 2 Apr₹391.65 5 Feb

−23% from the high · +13% from the low

The desk read · 1 Octexpiry 27 Oct · 26 days
short build-up
futures read
price −0.9% · OI +1.8%
+1.80
futures premium, ₹
+0.6% to spot ₹300.60
0.79
puts per call, by OI
by volume 0.67
305
max pain
+1.5% from the close
▲ +1.8%
futures OI on the day
+320 lots · 18,000 open

Short build-up into a 26-day expiry: futures OI +1.8% on a −0.9% day, the most call OI sits at 300, the most put OI at 300, max pain 305.

Futures and options

1 Oct close · lot 1,975 · NSE end of day

BPCL futures closed at ₹302.40, +0.6% to spot, with 99% of open interest in the 27 Oct contract, and the 300 straddle prices a move of about ±5.4% by expiry.

Futures by expiryall 3 contracts NSE lists on the stock · basis against the spot close ₹300.60
Futures by expiry, basis against the spot close ₹300.60
ExpiryClose ₹Basis ₹ · %Annualised %OI lots · on the dayShare of OI %Contracts traded
27 Oct26 days₹302.40+1.80+0.6%+8.4%18,000▲ +2.0% · +350 lots992,300
23 Nov53 days₹302.70+2.10+0.7%+4.8%230▼ −9.9% · −25 lots1.2130
29 Dec89 days₹306.20+5.60+1.9%+7.6%5.00.0% · 0.00 lots0.034.0

1.3% of futures OI sits beyond the 27 Oct contract · 27 of 44 listed contracts traded · 8,400 option contracts changed hands

Options27 Oct expiry · 26 days

The 300 straddle closed at ₹16.35 (call 9.35 + put 7.00), pricing a move of about ±5.4% by the 27 Oct expiry. In the last 253 windows of 19 sessions, BPCL moved more than that 96 times.

Call OI, lots
3,60070 L shares
Put OI, lots
2,80056 L shares
Puts per call, by OI
0.79by volume 0.67
Max pain
305+1.5% from the close
Contracts traded
27 of 44listed for this expiry
Open interest by strike, lotstop three strikes each side
Calls
Strike
Puts
470
320
300
520
310
280
690
300
510
Open interest added on the day, lotsthree largest additions each side
Calls
Strike
Puts
+41
335
+23
330
+270
300
280
+94
275
+27
270
+61
Close ₹ · Nifty 50 rebased to the first close · futures open interest by the day's build-up126 sessions to 1 Oct · axis fixed at 4 × ATR-14 around the last close
272 sessions on file · from 28 Aug
BPCL close and futures open interest over the last 126 sessions, with Nifty 50 rebased to the first close271.98300.97329.95axis spans 21%Nifty 50BPCL1 Apr6 Jul1 OctFutures open interest, lotspeak 32,000126 sessions from 1 Apr to 1 Oct; the price axis spans 21 percent.

The market after the news

close against the last close before each bulletin · Nifty 50 over the same sessions

After the last 8 bulletins, BPCL closed higher five sessions later in 4 of 7.

Close after each bulletin on the day, one session later and five sessions later, with Nifty 50 and futures open interest
BulletinDay of the news1 session later5 sessions laterFutures OI on the day
30 SeptIOC, HPCL, BPCL shares rise amid crude oil price drop▼ −0.9%Nifty −0.9% · 0.0 pp—not reached—not reached▲ +1.8%short build-up
21 SeptICICI Securities warns of earnings pressure for oil companies▲ +0.3%Nifty −0.4% · +0.6 pp▲ +1.0%Nifty +0.1% · +0.8 pp▼ −4.3%Nifty −3.0% · −1.3 pp▲ +4.7%long build-up
21 SeptIOCL, BPCL Q2 earnings recovery amid supply risks▲ +0.3%Nifty −0.4% · +0.6 pp▲ +1.0%Nifty +0.1% · +0.8 pp▼ −4.3%Nifty −3.0% · −1.3 pp▲ +4.7%long build-up
22 JulBPCL reports 23% revenue growth but net loss of ₹1,873 crore▼ −1.3%Nifty −0.5% · −0.8 pp▼ −1.2%Nifty −0.9% · −0.3 pp▲ +0.6%Nifty +1.3% · −0.8 pp▲ +1.8%short build-up
19 JulBPCL launches premium LPG service to boost competition▲ +0.7%Nifty −0.4% · +1.0 pp▲ +1.2%Nifty −0.6% · +1.8 pp▲ +0.2%Nifty −1.4% · +1.6 pp▲ +4.5%long build-up
17 JulBPCL stock steady amid earnings and capex updates▲ +0.7%Nifty −0.4% · +1.0 pp▲ +1.2%Nifty −0.6% · +1.8 pp▲ +0.2%Nifty −1.4% · +1.6 pp▲ +4.5%long build-up
17 JulBPCL stock steady amid earnings and capex plans▲ +1.1%Nifty +1.1% · +0.1 pp▲ +1.8%Nifty +0.7% · +1.1 pp▼ −0.6%Nifty −1.3% · +0.7 pp▼ −1.8%short covering
10 JulBPCL purchases 1 million barrels of US crude▲ +0.5%Nifty +1.0% · −0.5 pp▼ −0.2%Nifty +1.0% · −1.3 pp▲ +2.4%Nifty +1.6% · +0.8 pp▲ +0.1%long build-up
8 of 24 bulletins

Quarterly results

consolidated · latest filed 22 Jul, 03:02 pm IST · NSE filings

Revenue ₹1,59,527 cr, +23% on a year earlier; profit −₹1,873 cr, −130% in the Jun 2026 quarter, consolidated.

Last 8 quarters, consolidated₹ crore as filed · year on year against the same quarter a year earlier · market: close on the first session after the filing against the last close before it, Nifty 50 over the same session
Quarterly results of BPCL on the consolidated basis with the market's move on the first session after each filing
QuarterRevenue ₹ crRevenue YoYProfit ₹ crProfit YoYEPS ₹Market on the day
Jun 2026filed 22 Jul₹1,59,527 cr▲ +23%−₹1,873 cr▼ −130%-4.38▼ −1.7%Nifty −0.8% · −0.9 pp
Mar 2026filed 19 May · audited₹1,34,948 cr▲ +6.3%₹5,625 cr▲ +28%13.16▲ +2.5%Nifty +0.2% · +2.4 pp
Dec 2025filed 23 Jan₹1,36,653 cr▲ +7.1%₹7,188 cr▲ +89%16.82▲ +2.4%Nifty +0.5% · +1.9 pp
Sept 2025filed 31 Oct₹1,21,605 cr▲ +3.1%₹6,191 cr▲ +170%14.49▲ +2.9%Nifty +0.2% · +2.8 pp
Jun 2025filed 13 Aug₹1,29,615 cr▲ +1.2%₹6,839 cr▲ +140%16.01▼ −1.4%Nifty +0.1% · −1.4 pp
Mar 2025filed 29 Apr · audited₹1,26,916 cr▼ −3.9%₹4,392 cr▼ −8.3%10.28▼ −0.5%Nifty 0.0% · −0.5 pp
Dec 2024filed 23 Jan₹1,27,551 cr▼ −1.9%₹3,806 cr▲ +20%8.91▼ −2.3%Nifty +0.2% · −2.5 pp
Sept 2024filed 25 Oct₹1,17,949 cr▲ +1.1%₹2,297 cr▼ −72%5.38▲ +1.3%Nifty +0.7% · +0.7 pp
By financial yearApril to March · each year the sum of its four quarters as filed, consolidated · EPS summed across the quarters · only complete years
Financial-year results of BPCL on the consolidated basis, summed from the quarters filed
YearRevenue ₹ crRevenue YoYProfit ₹ crProfit YoYEPS ₹
FY26to Mar 2026₹5,22,820 cr▲ +4.5%₹25,843 cr▲ +94%60.48
FY25to Mar 2025₹5,00,522 cr▼ −1.3%₹13,337 cr▼ −50%31.22
FY24to Mar 2024₹5,06,993 cr—₹26,859 cr—126.10

Fundamentals

consolidated · filings to Jun 2026 · close ₹300.60 on 1 Oct

BPCL trades at 7.5 times trailing earnings against 12 for its industry, 1.3 times book value, revenue +10% over twelve months, a 12% dividend yield, market cap ₹1,30,000 cr.

Valuationarithmetic on filings and the close · each cell names what it rests on · — where an input is missing
Market cap
₹1,30,000 cron 1 Oct · free float ₹61,000 cr
Price to earnings
7.5consolidated · four quarters to Jun 2026 · industry 12
Trailing EPS
₹40.09diluted · consolidated · four quarters to Jun 2026
Price to book
1.3consolidated · balance sheet to Mar 2026
Book value a share
₹230.89consolidated · balance sheet to Mar 2026 · over NSE's share count
Debt to equity
0.43borrowings over equity · consolidated · balance sheet to Mar 2026
Return on equity
19%trailing profit over average equity · consolidated
Dividend yield
12%₹35.00 a share in 365 days
Face value
₹10a share
Shares outstanding
434 cron 1 Oct
Growthsums of the four quarters filed to Jun 2026 · growth against the four quarters before them · consolidated
Revenue, trailing 12 months
₹5,52,733 crfour quarters to Jun 2026
Revenue growth, 12 months
▲ +10%against the twelve months before
Revenue 2-year CAGR
▲ +4.4%trailing twelve months against the twelve months 2 years earlier · consolidated
Profit, trailing 12 months
₹17,132 crfour quarters to Jun 2026
Profit growth, 12 months
▼ −1.2%against the twelve months before
Profit 2-year CAGR
▼ −5.2%trailing twelve months against the twelve months 2 years earlier · consolidated
PeersBSE sub-group Refineries & Marketing · F&O stocks with filings on record · industry P/E 12, market caps over trailing profit of 3 stocks
Stocks in the BSE sub-group Refineries & Marketing with market cap, price to earnings and price to book
StockMarket cap ₹P/EP/BClose ₹
RELIANCEReliance Industries Limited16,00,000 cron 1 Oct21consolidated1.5₹1,167.70
IOCIndian Oil Corporation Limited1,90,000 cron 1 Oct3.0consolidated0.82₹131.35
BPCLBharat Petroleum Corporation Limited1,30,000 cron 1 Oct7.5consolidated1.3₹300.60
HINDPETROHindustan Petroleum Corporation Limited73,000 cron 1 Oct5.3consolidated1.1₹345.00
MRPLMangalore Refinery and Petrochemicals Limited29,000 cron 1 Oct—2.0₹164.75
CHENNPETROChennai Petroleum Corporation Limited20,000 cron 1 Oct—1.8₹1,346.40
KOTYARKKotyark Industries Limited320 cron 1 Oct—1.8₹28.25

Shareholding

quarter to 30 Jun · none pledged · NSE filings

Promoters hold 53.0%, foreign portfolio investors 16.8%, mutual funds 9.6% and insurance companies 9.2%, as filed for the quarter to 30 Jun.

By category, last 5 quarterspercent of shares · beneath each figure, the change in percentage points against the previous quarter on file
Shareholding of BPCL by category over the last 5 quarters with the change against the previous quarter
Category30 Jun31 Mar31 Dec30 Sept30 Jun
Promoters52.980.00 pp52.980.00 pp52.980.00 pp52.980.00 pp52.98
Foreign portfolio investors16.84▼ −2.73 pp19.57▲ +1.11 pp18.46▲ +1.93 pp16.53▲ +1.08 pp15.45
Mutual funds9.56▲ +1.42 pp8.14▼ −1.24 pp9.38▼ −1.20 pp10.580.00 pp10.58
Insurance companies9.24▲ +1.01 pp8.23▲ +0.05 pp8.18▼ −0.87 pp9.05▼ −1.22 pp10.27
Banks and financial institutions2.27▲ +0.12 pp2.15▲ +0.15 pp2.00▲ +0.32 pp1.68▲ +0.35 pp1.33
Individual investors6.17▲ +0.20 pp5.97▼ −0.08 pp6.05▼ −0.16 pp6.21▼ −0.19 pp6.40
Bodies corporate0.320.00 pp0.32▼ −0.02 pp0.34▲ +0.01 pp0.33▼ −0.02 pp0.35
Government0.86▲ +0.43 pp0.430.00 pp0.43▼ −0.51 pp0.940.00 pp0.94
Others1.76▼ −0.45 pp2.21▲ +0.02 pp2.19▲ +0.48 pp1.710.00 pp1.71

Corporate actions

NSE and BSE records

Nothing upcoming on record; the last was a dividend of ₹10.00 a share, ex-date 2 Feb 2026.

Actionsex-dates · upcoming first, then the last eight · dividends in rupees a share, bonus and split as ratios
Corporate actions of BPCL, upcoming first, then the most recent
Ex-dateActionAmount or ratioRecord dateSource
recent
2 Feb 2026dividend₹10.002 Feb 2026BSE
7 Nov 2025dividend₹7.507 Nov 2025BSE
31 Jul 2025dividend₹5.0031 Jul 2025BSE
29 Jan 2025dividend₹5.0029 Jan 2025BSE
9 Aug 2024dividend₹10.509 Aug 2024BSE
21 Jun 2024bonus1:122 Jun 2024BSE
12 Dec 2023dividend₹21.0012 Dec 2023BSE
Calendaras notified to the exchange
Next results
—no board meeting notified yet
Dividends in 365 days
₹35.00a share · ex-dates inside the year
Last dividend
₹10.00ex-date 2 Feb 2026

Price history

272 sessions on record · to 1 Oct · NSE end of day

BPCL is −5.9% over 20 sessions against Nifty's −6.2%, 23% below its 52-week high, realised volatility 23% annualised.

Returns against Nifty 50longest window first · Nifty 50 over the same sessions
Returns of the stock and Nifty 50 over six windows, longest first
WindowFrom ₹BPCL %Nifty 50 %Difference pp
250 sessionssince 26 Sept₹324.34▼ −7.3%▼ −9.1%+1.7
120 sessionssince 9 Apr₹297.36▲ +1.1%▼ −5.7%+6.8
60 sessionssince 8 Jul₹303.54▼ −0.97%▼ −6.1%+5.1
20 sessionssince 2 Sept₹319.58▼ −5.9%▼ −6.2%+0.30
5 sessionssince 24 Sept₹307.11▼ −2.1%▼ −2.8%+0.66
1 sessionsince 30 Sept₹303.21▼ −0.86%▼ −0.88%+0.02
Averages of the closeclose against each average
5-session average
₹302.78close −0.72% from it
20-session average
₹307.48close −2.2% from it
50-session average
₹313.44close −4.1% from it
200-session average
₹324.65close −7.4% from it
Range and volumetrue range over 14 sessions · high to low over 20 · volume against the 20-session average
Average true range, 14
₹7.22.4% of the close
Average day's range, 20
₹6.62.2% of the close
Volume against 20 sessions
1.27×56 L vs 43 L average
Volatility and co-movement with Nifty 50annualised from daily log returns · counts share one denominator per cell
Realised volatility, 20
23%≈ ±1.4% a session · moved more than that on 6 of 20
Realised volatility, 60
20%≈ ±1.3% a session · moved more than that on 20 of 60
Realised volatility, 250
29%≈ ±1.9% a session · moved more than that on 60 of 250
Beta to Nifty, 60
1.35moved with Nifty on 38 of 60 sessions
Beta to Nifty, 250
1.40moved with Nifty on 176 of 250 sessions
Up and down sessionscloses above and below the previous close
Last 20 sessions
9 up · 11 downof 20
Last 60 sessions
30 up · 29 downof 59
Last 250 sessions
116 up · 132 downof 248
Best session, 250
▲ +7.4%8 Apr
Worst session, 250
▼ −6.1%9 Mar

Bharat Petroleum Corporation Limited is in 23 NSE indices

all 23 indices

51 bulletins on BPCL

latest 30 Sept 2026

Beats in the coverage

Often mentioned with

September 2026

IOC, HPCL, BPCL shares rise amid crude oil price dropShares of IOC, HPCL, and BPCL rose up to 3% on 30 September amid a 2.5% drop in crude oil prices. This increase is linked to rising Middle East supply as Saudi Arabia resumes shipments, while upstream companies like ONGC and Oil India declined.Medium ICICI Securities warns of earnings pressure for oil companiesICICI Securities predicts earnings pressure for HPCL, BPCL, and IOC due to the Russia sanctions bill, highlighting risks from higher crude costs and potential government intervention. Traders should stay alert to these developments.Medium IOCL, BPCL Q2 earnings recovery amid supply risksIOCL is projected to achieve Q2 FY27 EBITDA of ₹10,700 cr, while BPCL aims for ₹8,000 cr. However, geopolitical risks and potential US tariffs may impact overall recovery, with HPCL expected to report a loss.Medium

July 2026

BPCL reports 23% revenue growth but net loss of ₹1,873 croreBharat Petroleum Corporation Limited reported revenue growth of 23% YoY to ₹1,59,527 crore but incurred a net loss of ₹1,873 crore due to weak marketing margins. The decline in debt-equity ratios may affect investor sentiment.Medium BPCL launches premium LPG service to boost competitionBPCL has introduced Bharatgas Lite ZIP, a premium LPG service with instant connections and rapid delivery. The service aims to expand to 100 cities by 15 Aug 2026, increasing competition in the LPG market.Medium BPCL stock steady amid earnings and capex updatesBharat Petroleum Corporation Ltd. reported multi-billion-rupee revenues and profitability improvements, with ambitious capex plans for refining and petrochemical capacity. These factors are crucial for BPCL's valuation in the Indian energy sector.Medium BPCL stock steady amid earnings and capex plansBharat Petroleum Corporation Ltd. (BPCL) stock remains steady as its valuation is influenced by refining margins and fuel marketing volumes. Recent reports show multi-billion-rupee revenues and ambitious investment plans in refining and petrochemical capacity.Medium BPCL purchases 1 million barrels of US crudeBharat Petroleum Corp purchased 1 million barrels of US crude from Vitol at a premium of $6 per barrel to dated Brent. This acquisition aims to diversify supplies amid increasing tensions in the Middle East.Medium Oil and gas stocks rise despite rising crude pricesOil and gas stocks rallied on Thursday, with the Nifty Oil & Gas index up nearly 1% despite Brent crude rising 1.15% to $78.92 per barrel. Mahanagar Gas led gains, surging nearly 3%, followed by GAIL and others, as geopolitical tensions impact energy supplies.Medium BPCL purchases 1 million barrels of US crudeBharat Petroleum Corp has purchased 1 million barrels of US crude from Vitol at a premium of $6 per barrel to dated Brent. This strategic move aims to diversify supplies amid rising Middle East tensions.Medium OMC stocks decline up to 5.5% as crude oil prices reboundShares of oil marketing companies fell up to 5.5% on 8 July as crude oil prices surged due to escalating tensions in the Middle East. HPCL dropped 5.5% to ₹384.20, BPCL declined 4.7% to ₹299.40, and IOC slipped 3.5% to ₹137.00.Medium BPCL acquires 100% stake in Brazilian oil ventureBharat Petroleum Corporation Ltd acquired Videocon’s remaining stake in IBV Brasil Petroleo Ltd, increasing ownership to 100%. This move is expected to add 1 Mtoe of annual equity production, strengthening BPCL’s global energy portfolio and India's energy security.High BPCL acquires full stake in Brazilian oil and gas joint ventureBharat Petroleum Corporation Ltd has acquired Videocon’s remaining stake in IBV Brasil Petroleo Ltd, increasing its ownership to 100%. This acquisition is expected to add 1 Mtoe of annual equity production, enhancing BPCL's global energy portfolio.High BPCL to acquire Videocon Energy's Brazil JV stake for $1.6 billionBPCL is finalizing the acquisition of a 25.25% stake in the BM-SEAL-11 project in Brazil from Videocon Energy for $1.6 billion. This move aims to consolidate BPCL's control over its subsidiary's operations and resolve ongoing litigation issues.High India plans 30-day LPG storage buffer to enhance energy securityIndia is implementing a 30-day LPG storage buffer to enhance energy security, with BPCL investing ₹5,000 cr to boost its storage capacity to 340 TMT. This move follows vulnerabilities exposed by the Middle East conflict affecting supply routes.Medium

June 2026

India's crude oil import cost drops below $70India's average crude oil import price has dropped to $68.86 per barrel, the first time below $70 since the West Asia conflict began. However, petrol and diesel price cuts are unlikely as refiners seek to recover losses.Medium

May 2026

BPCL outlines strong FY27 capex and debt roadmapBharat Petroleum Corporation Limited reported a 28% YoY rise in Q4FY26 net profit to ₹5,625 cr, with shares gaining nearly 5%. The company outlined a strong investment roadmap for FY27, maintaining a gross refining margin of $11.74 per barrel.High BPCL outlines strong FY27 roadmap amid profit surgeBharat Petroleum Corporation Limited reported a 28% YoY rise in Q4FY26 net profit to ₹5,625 cr, driving shares up nearly 5%. The company outlined a strong investment roadmap for FY27, emphasizing robust refining margins at $11.74 per barrel.High BPCL reports record refinery throughput amid global volatilityBharat Petroleum Corporation Limited achieved record refinery throughput and strong financial results, driven by resilient operations and diversified crude sourcing. Despite growth, the company maintains a cautious outlook amid ongoing geopolitical uncertainties.Medium Oil and gas stocks rise as crude prices declineOil and gas stocks, including BPCL and HPCL, rose nearly 4% on 19 May as crude prices declined amid easing US-Iran tensions. Brent crude slipped below $110 per barrel, boosting investor confidence in refining margins.Medium Oil and gas stocks rise as crude prices declineOil and gas stocks, including BPCL and HPCL, rose nearly 4% on 19 May as crude prices declined following eased US-Iran tensions. Brent crude slipped below $110 per barrel, enhancing investor confidence in refining margins.Medium BPCL shares rise 3% ahead of Q4 earnings announcementBharat Petroleum Corporation shares rose 3.2% to ₹289.80 ahead of its Q4 earnings announcement. The increase follows strong earnings from Indian Oil and recent price hikes in petrol and diesel, enhancing market sentiment for state-run oil companies.Medium Indian oil firms face ₹30,000 crore monthly lossesIndian oil marketing companies are facing monthly losses of ₹30,000 crore to keep fuel prices stable amid rising global crude oil prices, which have surged from $70 to nearly $120 per barrel due to the Middle East conflict.High

April 2026

Government draft may unlock ₹15,000 crore PSU capexThe Central Government's draft for E85 and E100 petrol could trigger ₹15,000 crore in capex by PSU oil firms like Indian Oil, BPCL, and HPCL. This initiative supports India's transition to high-ethanol fuels following the E20 rollout.High Fuel prices stable despite rising global oil costsPetrol and diesel prices remain stable in India despite Brent crude oil surging 7.8% to $109.03 per barrel. Petrol is priced at ₹94.77 in Delhi and ₹103.50 in Mumbai, while diesel costs ₹87.67 and ₹90.01 respectively.Medium Fuel prices stable despite rising global oil ratesPetrol and diesel prices in Delhi remain stable at ₹94.77 and ₹87.67 per litre, while Mumbai sees prices at ₹103.50 and ₹90.01 respectively. This stability comes despite Brent crude oil rising 7.8% to $109.03 per barrel due to Middle East tensions.Medium

March 2026

Government cuts excise duty to shield OMCs from oil price shockThe Indian government has cut excise duties on fuel to mitigate the impact of rising Brent crude prices, now nearing $115/bbl. This move prevents retail fuel shocks and protects OMCs from potential losses, allowing them to maintain near-breakeven margins without raising prices.High Government cuts excise duty to shield OMCs from oil price shockThe Indian government has cut excise duties on fuel by ₹10/litre to shield OMCs from rising Brent crude prices nearing $115/bbl. This move prevents significant losses for companies like IOCL, BPCL, and HPCL, maintaining their dividend-paying capacity.High BPCL commissions 2G bioethanol refinery in BargarhBharat Petroleum Corporation Ltd. (BPCL) has commissioned its 2G Bioethanol Refinery in Bargarh, producing 100 KL/day of bioethanol from rice straw. The facility supports India's E20 Ethanol Blending Programme and emphasizes environmental sustainability with Zero Liquid Discharge design.Medium BPCL-Sembcorp JV secures green hydrogen deal at ₹279/kgNeuEN Green Energy, a joint venture of BPCL and Sembcorp, secured a 25-year contract to supply 10,000 tonnes per annum of green hydrogen to NRL at ₹279/kg. This deal highlights a competitive pricing milestone in India's green hydrogen sector.High Oil companies face profit squeeze amid stable fuel pricesPetrol and diesel prices in Delhi remain stable at ₹94.77 and ₹87.67 per litre, unchanged since May 2022. However, rising crude oil prices and a weakening rupee are squeezing profit margins for oil companies, leading analysts to issue 'Sell' ratings on major players like IOCL and BPCL.High Iran conflict triggers energy shock, impacts Indian stocksThe US-Iran conflict has pushed Brent crude prices above $100, disrupting LNG flows. Elara Securities identifies Reliance Industries and Hindalco as potential winners, while BPCL and IndiGo are seen as losers amid ongoing energy shocks.High IOC, BPCL, HPCL face margin pressure amid oil price spikeS&P Global Ratings warned that IOC, BPCL, and HPCL may face declining profit margins due to unchanged retail fuel prices amid rising crude oil prices, which peaked above USD 100. Current prices have fallen to USD 88 per barrel, indicating volatility in the sector.Medium India faces LPG supply risks amid U.S.-Israel conflictThe U.S.-Israel conflict with Iran is stressing India's LPG supply, already heavily import-dependent. The government had previously subsidized losses of ₹30,000 cr for oil marketing companies, but rising tensions have led to a ₹60 increase in domestic LPG prices, raising concerns over future supply disruptions.Medium

February 2026

BPCL signs multiple CBG agreements to boost green fuel supplyBPCL signed multiple CBG agreements in Uttar Pradesh, totaling 34 TPD, with production expected by July 2026. This strengthens its green fuel supply and supports rural bio-economy development.Medium BPCL signs multiple CBG agreements to boost green fuel supplyBharat Petroleum Corporation Limited signed multiple CBG agreements in Uttar Pradesh, totaling 34 TPD. The agreements aim to enhance green fuel availability and support rural bio-economy development, with production expected to start by July 2026.Medium Indian refiners increase crude oil imports from VenezuelaIndian refiners BPCL and HMEL have begun importing crude oil from Venezuela, each securing one million barrels of Merey grade. This strategic shift aims to diversify India's oil sources, boosting imports to six million barrels by April.Medium Bharat Petroleum and HPCL Mittal purchase Venezuelan oilBharat Petroleum purchased 1 million barrels of Venezuelan oil for the first time, while HPCL Mittal bought the same amount after two years. This increases India's Venezuelan crude imports to at least 6 million barrels through April.Medium IOC, BPCL, HPCL report ₹23,743 crore profit in Q3IOC, BPCL, and HPCL reported a combined profit of ₹23,743 crore for Q3, more than doubling from ₹10,545 crore a year ago. Strong refining margins and lower LPG under-recoveries contributed to this significant growth.High IOC, BPCL, HPCL report ₹23,743 crore combined profitIOC, BPCL, and HPCL reported a combined profit of ₹23,743 crore for the December 2025 quarter, more than doubling from ₹10,545 crore a year ago, driven by strong refining margins and lower LPG under-recoveries.High OMC stocks decline as crude oil prices riseShares of oil marketing companies BPCL, IOC, and HPCL fell on 12 Feb due to rising crude oil prices amid US-Iran tensions. BPCL declined 2.20% to ₹379.05, IOC fell 1.54% to ₹178.50, and HPCL dropped 1.52% to ₹454.80, raising concerns over profit margins.Medium Trualt Bioenergy wins ₹1,075 cr ethanol supply rulingThe Karnataka High Court ruled in favor of Trualt Bioenergy, allowing a writ petition for a shortfall of 1,56,292 KL of ethanol valued at ₹1,075 cr. This ruling could significantly boost the company's revenue and impact the ethanol supply chain.High Trualt Bioenergy wins ₹1,075 cr ethanol supply orderThe Karnataka High Court ruled in favor of Trualt Bioenergy, allowing a writ petition for a shortfall of 1,56,292 KL of ethanol valued at ₹1,075 cr for the Ethanol Supply Year 2024-25. This ruling could significantly boost the company's revenue.High BPCL increases capex by 35% amid peers' budget cutsBharat Petroleum raised its FY27 capital expenditure by 35% to ₹25,000 cr, focusing on petrochemicals. In contrast, Indian Oil and ONGC trimmed their budgets by 6% to ₹32,700 cr and ₹30,000 cr respectively, reflecting a shift in investment priorities among state-run oil companies.Medium BPCL increases capex by 35% amid peers' budget cutsBharat Petroleum increased its FY27 capital expenditure by 35% to ₹25,000 cr, focusing on petrochemicals. In contrast, Indian Oil and ONGC trimmed their budgets by 6%, planning to spend ₹32,700 cr and ₹30,000 cr, respectively.Medium PSUs expect 10-12% capex budget rise in 2026Public Sector Undertakings expect a 10-12% rise in capital expenditure for FY 2026, driven by government stake reductions. Oil PSUs, including ONGC and HPCL, have achieved 54% of their ₹1.32 lakh crore capex target in seven months, enhancing dividend payouts.Medium

December 2025

L&T secures major EPCC contract from BPCLLarsen & Toubro secured a major EPCC contract from BPCL for a petrochemical project at Bina, Madhya Pradesh. The project includes a LLDPE/HDPE swing unit with a capacity of 1,150 KTPA, enhancing BPCL's refinery capacity significantly.High Lower oil prices to impact earnings outlook for IOC, BPCL, HPCLOngoing restrictions on Russian crude and a global surplus are expected to keep crude prices subdued, impacting earnings for IOC, BPCL, and HPCL. Brent crude is projected to trade between USD 55-60 per barrel in 2026, reducing input costs for these companies.Medium BPCL forms joint venture with Coal India for gasification projectBharat Petroleum Corporation Ltd has approved a joint venture with Coal India Ltd for a coal gasification project in Maharashtra. Coal India will hold 51% equity, while BPCL will have 49%, aiming to produce synthetic natural gas as a domestic alternative to imports.Medium

November 2025

Oil marketing companies see up to 3% gains as crude prices fallMedium India signs historic LPG supply contract with USHigh

About Bharat Petroleum Corporation Limited

exchange masters as of 18 Sept 2026 · classification by BSE
Company
Bharat Petroleum Corporation Limited
Exchange
NSE · BSE 500547, group A
Listed on NSE
13 Sept 1995
Classification
Energy › Oil, Gas & Consumable Fuels › Petroleum Products › Refineries & Marketing
Index
BSE 100
Face value
₹10 a share
ISIN
INE029A01011
Sessions on record
272
Price source
NSE UDiFF bhavcopy · end of day · delayed
Filings
NSE and BSE public disclosures · results, shareholding and corporate actions as filed
Computed
1 Oct, 08:29 pm IST
Bulletins
51 · written by the desk · not a recommendation

OI Charts is not a SEBI-registered investment adviser or research analyst. Prices, open interest, filings and the desk read are exchange data and arithmetic on it, not a basis for any investment decision.