Bharat Petroleum Corporation Limited (BPCL) is currently trading at rate RS 365.00, up by 1.95 points or 0.54 percent from its previous close of rate RS 363.05 on the BSE.

The stock opened at rate RS 364.55 and moved between a high of rate RS 367.35 and a low of rate RS 364.00 during the session. A total of 35,903 shares have been traded so far.

The BSE Group ‘A’ stock, with a face value of rate RS 10, touched its 52-week high of rate RS 381.60 on November 17, 2025, and a 52-week low of rate RS 234.15 on March 3, 2025. Over the past week, the scrip recorded a high of rate RS 372.80 and a low of rate RS 361.15. The company’s current market capitalization stands at rate RS 1,58,789.30 crore.

Promoters hold a 52.98 percent stake in the company, while institutional and non-institutional investors own 38.77 percent and 8.25 percent respectively.

Meanwhile, BPCL has received approval from its Board of Directors to form a joint venture company with Coal India Limited for setting up a Coal Gasification Project at Western Coalfields in Maharashtra, subject to regulatory approvals. The consideration for subscription of share capital will be finalized at the time of signing the definitive agreement or when the final investment decision is taken by the Board after completion of the detailed feasibility study, whichever is later.

The proposed joint venture aims to leverage Coal India’s strength in domestic coal production and BPCL’s expertise in refining and gas marketing. The project will produce synthetic natural gas (SNG), providing an indigenous alternative to imported natural gas. This initiative is expected to enhance energy security, reduce import dependence, promote clean coal technologies, and support sustainable industrial growth in India.

Under the proposed structure, BPCL will hold 49 percent equity, while Coal India will hold 51 percent. The Board approved this proposal at its meeting held on December 18, 2025.

BPCL is engaged in the exploration, production, and retailing of petroleum and petroleum-related products. Its retail business focuses on the marketing of petrol, diesel, and kerosene across India.