BPCL Stock Price Soars to Secure Today’s Top Spot Among Nifty 50’s Gainers on October 12, 2023

BPCL Stock Price Soars to Secure Today's Top Spot Among Nifty 50's Gainers on October 12, 2023
Rate this post

Bharat Petroleum Corporation Ltd. (BPCL) had an outstanding day in the stock market today, October 12, 2023. The company delivered remarkable gains on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Let’s delve into BPCL’s exceptional performance on both exchanges:

NSE : BPCL Stock Performance

Opening Price: ₹344.90

Previous Day’s Closing Price: ₹342.55

Highest Price During Trading Session: ₹350.35

Lowest Price During Trading Session: ₹344.05

Closing Price: ₹348.80

Increase in Closing Price: ₹6.25 (1.82% gain)

Total Volume of Shares Traded: 38,50,965

Volume-Weighted Average Price (VWAP): ₹348.49

On NSE, BPCL had a strong trading day today, October 12, 2023. The stock opened at ₹348.80, slightly above the previous day’s close. Throughout the trading session, it reached a high of ₹350.35 and a low of ₹344.05, demonstrating stability.

By the end of the day, the stock was valued at ₹348.80, marking a significant gain of ₹6.25 or 1.82%. The substantial trading volume of 38,50,965 shares reflected market interest, and the VWAP was ₹348.49, indicating a favorable trading outcome.

BSE : BPCL Stock Performance

Opening Price: ₹345.90

Previous Day’s Closing Price: ₹342.80

Highest Price During Trading Session: ₹350.30

Lowest Price During Trading Session: ₹344.30

Closing Price: ₹348.85

Increase in Closing Price: ₹6.05 (1.76% gain)

Total Volume of Shares Traded: 2,01,626

Volume-Weighted Average Price (VWAP): ₹348.59

On BSE, BPCL had a positive trading day today, October 12, 2023. The stock opened at ₹345.90, slightly above the previous day’s closing price. During the trading session, it reached a high of ₹350.30, indicating market interest.

The lowest price was ₹344.30, showing resilience. By the close of the trading day, the stock was valued at ₹348.85, marking a gain of ₹6.05 or 1.76%. The trading volume was 2,01,626 shares, and the VWAP was ₹348.59, reflecting a favorable trading performance on the BSE.

Top Gainer in Nifty 50

BPCL Stock demonstrated impressive strength by securing a significant position as a top gainer in the Nifty 50 index today, October 12, 2023. This recognition underlines the stock’s excellent performance in the stock market, reinforcing its appeal to potential investors. BPCL’s resilience in a dynamic market and its potential for sustained growth are vividly showcased through this prestigious achievement.

Bharat Petroleum Corporation Ltd. and the Gas & Petroleum Sector: An Overview

BPCL operates in the Gas & Petroleum sector, specifically in the Oil Refining & Marketing industry. The company is a key player in this sector, contributing to the production and distribution of petroleum products that power various industries and households.

BPCL is recognized for its vital role in ensuring the availability of essential energy resources. As the demand for energy continues to grow, BPCL’s contributions to the sector remain integral to India’s economic development.

Conclusion

In conclusion, BPCL’s remarkable performance on both NSE and BSE, coupled with its esteemed recognition as a top performer in Nifty 50 today, October 12, 2023, highlights its significance in the Gas & Petroleum sector. Investors and stakeholders are encouraged to closely monitor the company’s performance and the evolving market conditions.

Making informed investment decisions requires thorough analysis, risk assessment, and alignment with financial goals. BPCL’s commendable performance underscores its potential for continued success in the Oil Refining & Marketing industry. Stay tuned for further positive developments as Bharat Petroleum Corporation Ltd. continues to make its mark in the stock market.

FAQs

What were the opening and closing prices of BPCL stock on the National Stock Exchange (NSE) on October 12, 2023?

On October 12, 2023, the opening price of BPCL stock on NSE was ₹348.90, and it closed at ₹348.85.

How much did BPCL’s stock price increase on the Bombay Stock Exchange (BSE) on the same day?

On October 12, 2023, BPCL’s stock on BSE opened at ₹348.80 and closed at ₹348.85, reflecting a gain of ₹6.05 or 1.77%.

What was the highest and lowest price reached by BPCL’s stock during the trading session on NSE that day?

On NSE, BPCL’s stock reached a high of ₹350.35 and a low of ₹344.05 during the trading session on October 12, 2023.

How many shares were traded on NSE and BSE for BPCL on October 12, 2023?

On NSE, a total of 38,50,965 shares of BPCL were traded, and on BSE, 2,01,626 shares were traded on the same day.

What percentage gain did BPCL stock achieve on NSE and BSE on October 12, 2023?

On NSE, BPCL’s stock gained 1.84%, and on BSE, it gained 1.77% on October 12, 2023, underlining its strong performance in the stock market.

Disclaimer:

The information provided in this blog is for general informational purposes only and should not be considered as professional financial or investment advice. Always conduct thorough research and seek advice from a qualified financial advisor before making any investment decisions. The blog author and publisher are not responsible for any actions taken based on the information provided in this blog. Any reliance on the content is at your own risk. Remember that the financial markets can be volatile, and past performance is not indicative of ture results. The company mentioned in the blog may have undergone changes or developments that are not reflected here. Please verify the information with credible sources before making any financial decisions.

1 thought on “BPCL Stock Price Soars to Secure Today’s Top Spot Among Nifty 50’s Gainers on October 12, 2023”

  1. Pingback: Infosys Q2 2023: Impressive Growth, Operational Excellence & Generous Dividends

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top
5 large-cap stock ideas Escorts Limited A Mid Cap Stock : 197.72% Return Potential Hybrid Mutual Fund : which give you high returns at moderate risk 3 stocks of Nifty Smallcap 50: Giving high returns in the short term 5 Key Benefits of Investing In Cipla Stock Highlights for 5 large cap companies’ performance in Q1 FY2023-24 What is happening with Tata Power? is now the Time to Buy? FII stake is increase in 10 mid cap stocks : Chance to invest