Bharat Petroleum Corporation Ltd gains for third consecutive session

Bharat Petroleum Corporation Ltd gained for a third straight session today. The stock is quoting at Rs 311.45, up 1.45% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 23325.6. The Sensex is at 74505.4, up 0.26%. Bharat Petroleum Corporation Ltd has risen around 1.45% in last one month.

Meanwhile, Nifty Energy index of which Bharat Petroleum Corporation Ltd is a constituent, has risen around 1.21% in last one month and is currently quoting at 37381.75, up 0.75% on the day. The volume in the stock stood at 37.79 lakh shares today, compared to the daily average of 46.27 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 311.4, up 1.1% on the day. Bharat Petroleum Corporation Ltd is down 5.49% in last one year as compared to a 7.9% drop in NIFTY and a 5.37% drop in the Nifty Energy index.

The PE of the stock is 8.8 based on TTM earnings ending June 26.