All You Need to Know About Bharat Petroleum Corporation Limited (BPCL)
Introduction
Bharat Petroleum Corporation Limited (BPCL) is one of the leading entities in the petroleum sector in India. If you’re an investor or considering becoming one, understanding the nuances of BPCL’s IPO, share price trends, product offerings, and financial health is crucial.
BPCL IPO Details
BPCL launched its Initial Public Offering (IPO) on September 1, 1992. The IPO price at that time was INR 25 per share.
BPCL Product Offerings
- Fuels: Petrol, Diesel
- Gases: LPG for domestic and commercial use, Natural Gas
- Lubricants: Automotive oils, Industrial lubricants
- Petrochemicals: Industrial chemicals and solvents
Company Financial Details
For the financial year 2022-2023, BPCL reported a revenue of INR 3 lakh crores and a net profit of INR 8,000 crores. The financial stability of BPCL makes it a trustworthy player in the stock market.
Investment Growth Potential
Let’s break down the potential growth of an investment in BPCL. If you had invested INR 10,000 in BPCL shares five years ago, the estimated value today would be around INR 30,000 considering the historical CAGR and stock price growth.
Conclusion
BPCL remains a solid option for both new and experienced investors. With strong financials, diverse product offerings, and a robust share price, BPCL has consistently proven to be a reliable stock in the Indian market.