Wednesday, 23 March 2016

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BPCL plans capex for upgradation of refining capacity

Bharat Petroleum Corporation is planning to invest about Rs. 10,000 crore in 2016-17 to expand and upgrade its refining capacity, finance chief reportedly said.
Bharat Petroleum Corporation Ltd is currently trading at Rs. 876.75, up by Rs. 6.15 or 0.71% from its previous closing of Rs. 870.6 on the BSE.

The scrip opened at Rs. 874.05 and has touched a high and low of Rs. 879.55 and Rs. 871.75 respectively.

The stock is currently trading below its 200 DMA.

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