BPCL raises Rs. 1995.20 crores

BPCL has raised Rs. 1,995.20 Crores through private placement of unsecured non-convertible debentures at a coupon of 6.11% p.a. payable annually with a door to door maturity of 5 years. The pay-in date as well as allotment shall be done on 6th July 2020. The proceeds will be utilized for funding of Capital Expenditure of the Company, including recoupment of expenditure already incurred.

Shares of BHARAT PETROLEUM CORPORATION LTD. was last trading in BSE at Rs.390 as compared to the previous close of Rs. 385. The total number of shares traded during the day was 243181 in over 3427 trades.

The stock hit an intraday high of Rs. 396.6 and intraday low of 385.65. The net turnover during the day was Rs. 95527241.

Source : Equity Bulls

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