{"id":363557,"date":"2020-07-18T12:05:17","date_gmt":"2020-07-18T06:35:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=363557"},"modified":"2020-07-18T12:41:57","modified_gmt":"2020-07-18T07:11:57","slug":"bpcl-share-price-rallies-20-in-two-days-should-you-buy-or-hold-the-stock","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-share-price-rallies-20-in-two-days-should-you-buy-or-hold-the-stock\/","title":{"rendered":"BPCL share price rallies 20% in two days; should you buy or hold the stock?"},"content":{"rendered":"<p>BPCL share price soared 13 per cent to Rs 444.60 apiece on BSE in Friday\u2019s range-bound session. Bharat Petroleum Corporation Ltd stock has rallied over 20 per cent from Wednesday\u2019s close. According to the media reports, global energy majors, including Reliance Industries, have shown interest in buying out BPCL. In a recent development, Bharat PetroResources Ltd, a wholly-owned subsidiary of BPCL, has finalised senior debt financing of $14.9 billion for two train LNG projects. \u201cThe progress on BPCL\u2019s sale is positive for OMCs in terms of deepening deregulation and profitability outlook. Given the tight fiscal situation, disinvestment would be of utmost importance to the government this year,\u201d Emkay Global Financial Services said in a report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BPCL share price soared 13 per cent to Rs 444.60 apiece on BSE in Friday\u2019s range-bound session. Bharat Petroleum Corporation Ltd stock has rallied over 20 per cent from Wednesday\u2019s close. According to the media reports, global energy majors, including Reliance Industries, have shown interest in buying out BPCL. In a recent development, Bharat PetroResources Ltd, a wholly-owned subsidiary of BPCL, has finalised senior debt financing of $14.9 billion for two train LNG projects. \u201cThe progress on BPCL\u2019s sale is positive for OMCs in terms of deepening deregulation and profitability outlook. Given the tight fiscal situation, disinvestment would be of [&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":[130,195,138],"tags":[],"class_list":["post-363557","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/363557","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=363557"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/363557\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=363557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=363557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=363557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}