BPCL

### Stocks in Focus – Tomorrow **

** – A BPCL executive stated that **biofuels are expected to complement, not replace, fossil fuels until around 2040**, highlighting continued long-term demand for conventional fuels while supporting a gradual energy transition. *(Neutral)* ** ** – Subsidiary **Noumed** signed a **₹1,300 crore OTC pharmaceutical supply agreement in Australia**, significantly strengthening export visibility and international business growth. *(Strongly Positive)* ** ** – V2 Retail reported **Q1 FY27 revenue of ₹997 crore**, up **58% YoY**, with **7.5% same-store sales growth (SSSG)**. The company added **57 new stores**, expanding its network to **381 stores**, reflecting robust growth momentum. *(Strongly Positive)* ** ** – NMDC reported **June iron ore production of 5.15 MT (+44% YoY)** and **sales of 3.98 MT (+11% YoY)**. For **Q1 FY27**, production stood at **15.10 MT** and sales at **11.75 MT**, indicating strong operational performance. *(Positive)*