{"id":341190,"date":"2020-03-11T10:28:55","date_gmt":"2020-03-11T04:58:55","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=341190"},"modified":"2020-03-11T10:50:54","modified_gmt":"2020-03-11T05:20:54","slug":"bpcl-stake-sale-may-get-delayed-over-falling-oil-prices-market-crash","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-stake-sale-may-get-delayed-over-falling-oil-prices-market-crash\/","title":{"rendered":"BPCL stake sale may get delayed over falling oil prices, market crash"},"content":{"rendered":"<p>A steep correction in stock markets, as well as in crude oil prices, may not be good news for the government\u2019s plan to divest Bharat Petroleum Corporation (BPCL). The BPCL stock, which had seen a high of Rs 549.70 in November outperforming markets on expectations of value unlocking with the government selling its majority stake and garnering high valuations, however, has continued corrected thereafter.<\/p>\n<p>After initial euphoria, concerns had erupted on what valuations the stock could garner if BPCL\u2019s Numaligarh refinery was not part of stake sale. But the correction in the broader indices, against the backdrop of global slowdown concerns led by coronavirus outbreak, has been a major reason for further correction in BPCL\u2019s stock price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A steep correction in stock markets, as well as in crude oil prices, may not be good news for the government\u2019s plan to divest Bharat Petroleum Corporation (BPCL). The BPCL stock, which had seen a high of Rs 549.70 in November outperforming markets on expectations of value unlocking with the government selling its majority stake and garnering high valuations, however, has continued corrected thereafter. After initial euphoria, concerns had erupted on what valuations the stock could garner if BPCL\u2019s Numaligarh refinery was not part of stake sale. But the correction in the broader indices, against the backdrop of global slowdown [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-341190","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=341190"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/341190\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=341190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=341190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=341190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}