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BPCL dividend per share: BPCL shares in high demand on likely large dividend payout


MUMBAI: Investors lapped up shares of state-owned Bharat Petroleum Corporation (
BPCL) on Thursday after the company said it will decide on a final dividend on May 26. Analysts said expectations are high that the oil marketer and refiner, which is high on government’s privatisation list, could announce a large dividend as the company is sitting on cash it received from the sale of its assets.
BPCL shares rose 2.1% to Rs 455.80 on Thursday. About 99 lakh shares were traded on both the bourses on Thursday which is 27% higher than the previous 10 days average. BPCL has received ₹9,876 crore from the sale of Numaligarh Refinery (NRL) in Assam to a consortium of Oil India and Engineers India. Also in March, BPCL sold treasury shares worth ₹5,500 crore of the company. Later, it acquired Oman Oil’s 36.62% stake in Bina refinery for ₹2,400 crore. ....

Vidyadhar Ginde , Harshvardhan Dole , Chandan Taparia , Yogesh Patil , Oman Oil , Oil India , Motilal Oswal Financial Services , Bharat Petroleum Corporation , Numaligarh Refinery , Motilal Oswal Financial , வித்யாதர் கிந்தே , ஹர்ஷிவர்தான் டோல் , சந்தன் தபரியா , யோகேஷ் பாட்டீல் , ஓமான் எண்ணெய் , எண்ணெய் இந்தியா , மோட்டிலால் ஒசுவள் நிதி சேவைகள் , பாரத் பெட்ரோலியம் நிறுவனம் , நுமழிககர் சுத்திகரிப்பு நிலையம் , மோட்டிலால் ஒசுவள் நிதி ,

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