LIVE MARKET TRACKER :   BSE SENSEX   22628.84      |    NSE NIFTY 6779.40    
GLOBAL MARKETS :  NASDAQ 4095.516   +0.23%    |    FSI London 6625.25   +0.62%    |    NIKKEI Japan 14516.27   +0.68%
  USD GBP EUR CAD AUD INR
USD - 0.5957 0.7241 1.1028 1.0724 60.29
GBP 1.6795 - 1.2161 1.8521 1.8011 101.2571
EUR 1.3815 0.8229 - 1.5235 1.4815 83.2912
CAD 0.9076 0.5406 0.6572 - 0.9733 54.7205
AUD 0.933 0.5558 0.6756 1.0289 - 56.2506
INR 0.0166 0.0099 0.012 0.0183 0.0178 -
Indian-Commodity  :  Equity & Shares  :  BPCL surges as its arm encounters encouraging result in Alagoas Basin, Brasil

BPCL surges as its arm encounters encouraging result in Alagoas Basin, Brasil (11-Dec-2012)

Bharat Petroleum Corporation (BPCL) is currently trading at Rs. 361.00, up by 4.30 points or 1.21% from its previous closing of Rs. 356.70 on the BSE.

The scrip opened at Rs. 356.00 and has touched a high and low of Rs. 361.00 and Rs. 356.00 respectively. So far 5981 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 394.60 on 12-Jul-2012 and a 52 week low of Rs. 229.53 on 05-Jan-2012.

Last one week high and low of the scrip stood at Rs. 366.00 and Rs. 346.00 respectively. The current market cap of the company is Rs. 25915.34 crore.

The promoters holding in the company stood at 54.93% while Institutions and Non-Institutions held 27.57% and 17.50% respectively.

Bharat PetroResources (BPRL), a wholly owned subsidiary of Bharat Petroleum Corporation (BPCL), has informed that Petrobras, operator of Seal-M-349 Block in BM-Seal-11 Concession, Brasil, has reported a new discovery of light hydrocarbon in the concession, located in ultra deep waters of Sergipe Alagoas Basin.

The discovery of well 1-SES-166, informally known as Cumbe, occurred in reservoirs of the Calumbi formation. The discovery was confirmed through log data analysis. Studies of pressures recorded in the reservoirs and fluid samplings have indicated the presence of light hydrocarbons. The Cumbe is the first well, being drilled in the block and is located 9.4 kms north of the recent discovery well Farfan.

The well proved presence of sandstone reservoir saturated with light weight hydrocarbon in the Maastrichtian and Campanian sections with gross pay thickness of 98m in intervals of 4578m to 4605m (net pay of 17m) and 5321 to 5635m (net pay of 24m) respectively.

Petrobras is the operator of the concession BM-SEAL-11 with 60% interest in partnership with IBV Brazil (the 50:50 joint venture company, formed by wholly owned subsidiaries of Bharat PetroResources and Videocon Industries) holding the remaining 40%.


Top News Today
IMC to discuss upon coal bidder's concern in its meeting on Thursday
(17-Apr-2014)

IMC to discuss upon coal bidderWith the government having initiated the process of auctioning coal blocks, bidders have raised concerns on several serious and trivial issues, including discrepancies in reserves in the biggest of the......click on news to read complete article.

Retail Inflation snaps three months easing trend at 8.31% in March
(16-Apr-2014)

Retail Inflation snaps three months easing trend at 8.31% in MarchQuestioning the assumptions which that worst is over for Asia's third-largest economy, the provisional annual inflation rate based on all India general Consumer Price Index (CPI) (Combined) disappointed......click on news to read complete article.

India's share in global exports remains unchanged in 2013
(15-Apr-2014)

IndiaIndia's share in global exports and its ranking amongst top exporters remained unchanged in 2013. Although, the country posted a 5 per cent rise over the previous year, by exporting goods worth $312 billion......click on news to read complete article.

International Stock News
Asian markets trade mostly higher in early deals
(18-Apr-2014)

Asian markets trade mostly higher in early dealsMost of the Asian equity counters are trading in the green terrain in early deals on Friday due to reassuring comments from the Federal Reserve chief. Gains, however, were modest on growing concerns about......click on news to read complete article.

US markets conclude the week with solid gains
(18-Apr-2014)

US markets conclude the week with solid gainsThe US markets closed mostly up on Thursday, with four straight day of increases on the S&P 500 index and Nasdaq Composite ended the holiday-shortened week with solid gains. The weekly gain was......click on news to read complete article.

Asian markets trade mixed in early deals
(17-Apr-2014)

Asian markets trade mixed in early dealsAsian equity markets are trading mixed in early deals on Thursday as U.S. industrial production increased more than forecast in March and Federal Reserve Chair Janet Yellen said the central bank remains......click on news to read complete article.

 

     
  
Recent Equity & Shares News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.