Bharat Petroleum Corporation (BPCL), one of the largest public sector oil marketing companies, witnessed a rise in share price on Friday. BPCL's net profit surged 48% higher to Rs 28.53 billion in the quarter. Net sales fell 31.4% year-on-year to Rs.513.04 billion on account of the fall in crude oil prices.
Shares of the company are trading at Rs 843.25, up Rs 26, or 3.18% at the Bombay Stock Exchange (BSE) on Friday at 11:43 a.m.
Total volume of shares traded on the bourses today was higher by 14.08% to 1,270,376 compared with 22-day average volume of 1,113,584.