Information About Bharat Petroleum Corporation Ltd Share Price:

Bharat Petroleum is headquartered in Mumbai, India. It is a state-controlled company and owned by the Indian Government. It was considered the 358th most significant company in the world in a list of the world's 500 biggest companies as compiled by Forbes. It contains two major refineries, one at Mumbai and the other at Kochi. The company is also indulged in the distribution of its brands of LPG, aviation fuel, automobile lubricants, and natural gas. Its lubricant division produces automobile lubricants for diesel vehicles, petrol vehicles and two- and three-wheelers. Another product offered by Bharat Petroleum is 'Bharat Iftex' which is a multi-functional additive. It began through the collaboration between Bharat Petroleum Corporation Limited and Iftex Petrochemicals Limited. Bharat Petroleum Corporation Limited operates on the international stage too, making some oil field discoveries in different countries including Brazil and Mozambique.

History of BPCL:

The history of Bharat Petroleum Corporation Limited began with the Burma Oil Company that was incorporated in Scotland in 1886. This company was a dominant player in the South Asian oil market. In the meantime, three companies, Royal Dutch, Shell, and Rothschild's formed a company called Asiatic Petroleum. The three companies formed Asiatic Petroleum to counter the influence of the biggest oil company, run by Rockefeller. The Indian wing of Asiatic Petroleum joined with Burma Oil Company to build the Burmah-Shell Oil Storage in 1928. In 1976, the GoI took control of Burmah Shell and formed Bharat Refineries Limited. In 1977, The name was changed to Bharat Petroleum Corporation Limited.

Management of BPCL:

Mr. D. Rajkumar is the Chairman and MD of Bharat Petroleum Corporation Ltd. There are eight Independent Directors, two Government Directors, and four Directors.


The registered office of BPCL

Bharat Bhavan, 4 and 6 Currimbhoy Road, Ballard Estate, Mumbai – 400001, India.

Tel: 022 – 22713000; 022 – 22714000

Fax: 022 – 22713874

Wealth and Recent Performance of BPCL:

The total income of BPCL in the third quarter of the fiscal year 2017–2018 was Rs.70,922.56 crore, which was higher than the total revenue in the previous quarter at Rs.64,927.71 crore as per unaudited financial reports of the quarter ending in 2017.

The total revenue of the company in the fiscal year 2016–2017 was Rs.64,646.70 crore, in the third quarter.

Total expenses increased from Rs.61,475.13 crore in the second quarter of the financial year 2017–2018 to Rs.67,884.55 crore in the third quarter of the same fiscal.

The PBT for the financial year 2017–2018 was Rs.3,038.01 crore in the third quarter, and in the previous quarter, the company had PBT of Rs.3,452.58 cr.

Net profit for the company in the financial year 2017–2018 was Rs.2,143.74 crore, in the third quarter.

The stock trend of BPCL in the year 2018:

In January 2018, BPCL's stock began with an average price of about Rs.508, but within the first week, the stock dropped down to below Rs.500. The lowest price of the stock for January month was at Rs.469.

The first week of February 2018 saw the stock rise to about Rs.490. However, it did not last long, and the stock started showing downfall. The stock closed by the month end at about Rs.429.

In March 2018, the stock picked an upward trend that was an indication of higher prices than the previous month. The stock opened at about Rs.441 on the first day of March and jumped steadily at a rate of nearly Rs.462 in middle of the month.

Should one invest in BPCL?

BPCL is a Maharatna company from September 2017, indicating that it is one of the best public sector companies to invest.

It has a proven past performance record.

The BPCL has extended its product range to consist of all products that are used by automobiles, ranging from the fuel to lubricants.

It has discovered natural gas reserves present on the Mozambique Coast.

Off the coast of Indonesia, the company has located oil deposits. In Brazil, the company has identified hydrocarbon reserves.

In inland Tamil Nadu, the company has discovered hydrocarbon deposits. The BPCL has discovered gas deposits in the Cauvery Basin of India through a partnership with ONGC.

Keeping all the given reasons in mind about investing in BPCL, it is better to research based on the risk involved, before making any investment.

Stocks or Mutual Funds: Here is our recommendation

A lot of research and knowledge is required in stock market investments, and generally, they don't offer any tax benefits. Hence at mymoneykarma, we merely motivate our readers to invest in mutual funds. Investing in mutual funds doesn't require a lot of knowledge, and equity-linked mutual fund schemes also provide tax benefits. In addition to it, since mutual funds contain stocks from multiple companies, they help in building a diversified portfolio.

Note: The contents of this post/blog do not constitute any professional advice on a specific financial matter.

Indexes and Exchages

Bombay Stock Exchange (BSE)

The Bombay Stock Exchange, popularly called BSE, is Asia's first and oldest stock exchange. Located at Dalal Street in Mumbai, the BSE was formally established in 1875 by an influential stockbroker and businessman called Premchand Roychand. In the initial days, the BSE had its meetings under several Banyan trees in Mumbai before finding a permanent place, which is very appropriately named Dalal Street or Broker Street. After functioning as a floor trading exchange for more than a century, BSE ascended the digital ladder in 1995 by implementing a new screen-based automated trading platform with a capacity of 8 million orders in a day. In 2012, the BSE went global by becoming a Partner Exchange of the United Nations Sustainable Stock Exchange. Subsequently, BSE established India's first international exchange, called INX, in 2016.

National Stock Exchange (NSE)

NSE was set up in 1992 by a group of leading Indian financial institutions, following the Indian Government's directives. It aimed to bring transparency to the Indian capital market. It was India's first demutualized electronic exchange which operated on a completely automated screen-based electronic trading system, offering an easy trading facility to all Indian investors. NSE began its operations in the Wholesale Debt Market segment in 1994. NSE was the first company in India to offer a digital platform that connected the investor base of the entire country. NSE offers services in various segments, such as trading, equity derivatives, clearing and settlement services in equity, debt and currency derivatives, etc.


The NIFTY is NSE's flagship index that tracks the behavior of a portfolio of blue-chip companies that have the largest and most liquid Indian securities. It is owned as well as managed by IISL (India Index Services and Products Ltd), which is India's first specialized company to focus on an index as a core product. Nifty indexes 50 of the 1600 companies on the National Stock Exchange (NSE) and is thus popularly referred to as 'Nifty 50'. It captures approximately 65% of its float-adjusted market capitalization and is a true reflection of the Indian stock market. The Nifty 50 includes the major sectors of the Indian economy. It offers the exposure to the Indian market in one efficient portfolio. The Nifty index has been trading since April 1996. It is ideally suited for index funds, benchmarking and index-based derivatives.


Sensex is BSE's stock market index. It consists of 30 well-established and financially flourishing companies listed on BSE. It was established in 1986. These 30 component companies are known for being the largest and most actively traded stocks. They represent various industrial sectors of the Indian economy. Sensex is also known as BSE 30 and S&P BSE SENSEX. The word 'Sensex' is a portmanteau of the words 'Sensitive' and 'Index.' SENSEX is widely reported in domestic and international markets through print and electronic media. The indexing system is scientifically designed, based on globally accepted construction and review methodology. Since September 2003, S&P BSE Sensex is being determined on a free-float market capitalization methodology.