3 Reasons to Buy BPCL Shares | Invest in BPCL Stocks | Share Market Latest News
Published at : November 02, 2021
BPCL Q2 Results - BPCL posted better than expected results for 2QFY22, partly aided by low base of the same quarter of previous year. Adjusted for the same, net profit fell 10% owing to inventory gains and high interest expenses. Analysts though upgraded the EPS estimates on the back of improving outlook for gross refining margins (GRMs).
๐Here are 3 reasons to invest in BPCL:
✔️All round focus on enhancing profitability, including that of subsidiaries
✔️Strong prospects on volumes (growing product consumption and declining inventories) and margins
✔️Likely divestment in the near term
Most analysts prefer BPCL, though developments around divestment could drive near term movement in stock price. Over a 12-month period, stock can give returns of 30%.
#bpclsharelatestnews #bpclsharepricetarget #bpclsharenews #bpclresults #stockstobuynow #stockstobuytoday
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๐Here are 3 reasons to invest in BPCL:
✔️All round focus on enhancing profitability, including that of subsidiaries
✔️Strong prospects on volumes (growing product consumption and declining inventories) and margins
✔️Likely divestment in the near term
Most analysts prefer BPCL, though developments around divestment could drive near term movement in stock price. Over a 12-month period, stock can give returns of 30%.
#bpclsharelatestnews #bpclsharepricetarget #bpclsharenews #bpclresults #stockstobuynow #stockstobuytoday
============================================================================== Hit the ๐ to get notified whenever we post a new video ============================================================================== To Open a FREE Demat account, visit: https://5paisa.onelink.me/6BSI/YTVideos ============================================================================== Simply ๐ฑ Download 5paisa Trading App: http://m.onelink.me/e6cc12fc
For more information, visit our website: https://www.5paisa.com
Stay socially connected, follow us on:
Instagram: https://www.instagram.com/5paisa/
Twitter: https://twitter.com/5paisa
Facebook: https://www.facebook.com/5paisa
LinkedIn: https://www.linkedin.com/company/5paisa
Telegram: https://t.me/fivepaisaofficial
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