BHARAT PETROLEUM PLANS CAPEX OF Rs 25,000 CRORE FOR FY27

Government undertaking refinery $BPCL plans capital expenditure of Rs 25,000 crore for the financial year 2026-27, which will focus primarily on the ongoing expansion projects. The company has maintained operational stability across it's refining and marketing businesses during the quarter, ensuring uninterrupted fuel supplies while strengthening it's nationwide distribution network amid a rapidly evolving global energy environment. The company has delivered a strong ROCE & ROE of 25% & 28% respectively. It is currently trading at an attractive P/E of 4.88 and P/BV of 1.28, making it a strong opportunity for value investing.