{"id":579067,"date":"2023-05-24T08:29:34","date_gmt":"2023-05-24T02:59:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=579067"},"modified":"2023-05-24T10:08:21","modified_gmt":"2023-05-24T04:38:21","slug":"bpcl-shares-gain-after-q4-net-profit-doubles-should-you-buy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bpcl-shares-gain-after-q4-net-profit-doubles-should-you-buy\/","title":{"rendered":"BPCL shares gain after Q4 net profit doubles. Should you buy?"},"content":{"rendered":"<p>Bharat Petroleum Corporation (BPCL) shares gained in early trade on Tuesday after the state-run oil marketing company reported strong Q4FY23 earnings on Monday.<\/p>\n<p>Following the quarterly show, BofA retained its &#8216;Underperform&#8217; stance on the counter while Nuvama has a &#8216;Buy&#8217; recommendation. HDFC Securities maintained &#8216;Add&#8217; rating on the stock. <\/p>\n<p>BPCL reported a standalone net profit of Rs 6,478 crore in the January-March quarter which more than doubled from the year-ago period on the back of a recovery in fuel marketing margins and better refining margins. The net profit stood at Rs 2,501 crore in Q4FY22. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bharat Petroleum Corporation (BPCL) shares gained in early trade on Tuesday after the state-run oil marketing company reported strong Q4FY23 earnings on Monday. Following the quarterly show, BofA retained its &#8216;Underperform&#8217; stance on the counter while Nuvama has a &#8216;Buy&#8217; recommendation. HDFC Securities maintained &#8216;Add&#8217; rating on the stock. BPCL reported a standalone net profit of Rs 6,478 crore in the January-March quarter which more than doubled from the year-ago period on the back of a recovery in fuel marketing margins and better refining margins. The net profit stood at Rs 2,501 crore in Q4FY22.<\/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":[130,191,136],"tags":[],"class_list":["post-579067","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\/579067","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=579067"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/579067\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=579067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=579067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=579067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}