{"id":416253,"date":"2021-05-21T12:07:17","date_gmt":"2021-05-21T06:37:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=416253"},"modified":"2021-05-21T12:07:17","modified_gmt":"2021-05-21T06:37:17","slug":"bpcl-shares-in-high-demand-on-likely-large-dividend-payout","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-shares-in-high-demand-on-likely-large-dividend-payout\/","title":{"rendered":"BPCL shares in high demand on likely large dividend payout"},"content":{"rendered":"<p>MUMBAI: Investors lapped up shares of state-owned Bharat Petroleum Corporation (BPCL NSE 1.56 %) on Thursday after the company said it will decide on a final dividend on May 26. Analysts said expectations are high that the oil marketer and refiner, which is high on government\u2019s privatisation list, could announce a large dividend as the company is sitting on cash it received from the sale of its assets.<\/p>\n<p>BPCL shares rose 2.1% to Rs 455.80 on Thursday. About 99 lakh shares were traded on both the bourses on Thursday which is 27% higher than the previous 10 days average. BPCL has received \u20b99,876 crore from the sale of Numaligarh Refinery (NRL) in Assam to a consortium of Oil India and Engineers India. Also in March, BPCL sold treasury shares worth \u20b95,500 crore of the company. Later, it acquired Oman Oil\u2019s 36.62% stake in Bina refinery for \u20b92,400 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Investors lapped up shares of state-owned Bharat Petroleum Corporation (BPCL NSE 1.56 %) on Thursday after the company said it will decide on a final dividend on May 26. Analysts said expectations are high that the oil marketer and refiner, which is high on government\u2019s privatisation list, could announce a large dividend as the company is sitting on cash it received from the sale of its assets. BPCL shares rose 2.1% to Rs 455.80 on Thursday. About 99 lakh shares were traded on both the bourses on Thursday which is 27% higher than the previous 10 days average. BPCL [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-416253","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/416253","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=416253"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/416253\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=416253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=416253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=416253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}