BPCL shares drop over 4%; co loses over ₹5,300 crore in m-cap

NEW DELHI : Shares of fuel retailer BPCL fell over 4 per cent on Monday after reports that the government has cleared the way for its privatisation.

On the BSE, the stock declined 4.80 per cent to close at ₹490.45.

The stock fell 5.17 per cent to settle at ₹488.90 on the NSE.

The company’s market capitalisation declined by about ₹5,368.91 crore at ₹1,06,391 crore.

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