Live Breaking News & Updates on Bpcl Shares|Page 3
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In the intra-day trade, the scrip of state-run oil marketing company hit a 52-week high of Rs 651.80 and Rs 651.65 apiece on the BSE and NSE, respectively. ....
Shares of BPCL hit a 52-week high on the NSE, rising 5% following its Q3 earnings. The company plans to invest Rs 1.5-1.7 lakh crore in capex over the next 5 years. BPCL is well-positioned for the Mozambique gas project and is unaffected by the Red Sea crisis. The company expects oil prices at $80-$90/BBL in the next 6 months. Citi retains its buy rating with a price target of Rs 560. Motilal Oswal maintains a neutral view on the stock. ....
BPCL has given a box pattern breakout on the daily timeframe, suggesting a spike in optimism. The stock has been sustaining above the critical moving average. ....