Major update for Investors of

BPCL

is currently trading at Rs. 302.60, up by 2.10 points or 0.70% from its previous closing of Rs. 300.50 on the BSE. The scrip opened at Rs. 302.40 and has touched a high and low of Rs. 305.45 and Rs. 300.90 respectively. So far 234463 shares were traded on the counter. Last one week high and low of the scrip stood at Rs. 308.50 and Rs. 298.00 respectively. The current market cap of the company is Rs. 131412.23 crore. Bharat Petroleum Corporation (BPCL) and GPS Renewables have entered into a Joint Venture (JV) agreement to establish Compressed Biogas (CBG) plants across India. This strategic alliance is a significant step towards advancing India’s energy transition and contributing to BPCL’s Net Zero goals. The joint venture will focus on converting organic Biomass waste into Compressed Biogas, a renewable and eco-friendly energy source. The Joint Venture plans to establish 8 - 10 plants across Bihar, Odisha, Punjab, Uttar Pradesh and West Bengal, over the next few years, which offer significant agri biomass potential for CBG production and aligned with BPCL’s existing geographical allocation for city gas distribution. This reduces logistics costs and promotes efficient operations. Moreover, this initiative will enhance India’s energy security by reducing dependence on imported fossil fuels, aligning with key Government’s objectives, including GOBARdhan (Galvanizing Organic Bio-Agro Resources Dhan) initiative, which promotes organic bio-agro resources, the Sustainable Alternative Towards Affordable Transportation (SATAT) scheme, which fosters sustainable transportation alternatives, and CBG Blending Obligation (CBO), which encourages clean fuel adoption. BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.