BPCL Share Live Updates: Latest Price & Volume Performance Today
Bharat Petroleum Corporation Limited continues to attract investor attention in the Indian energy sector. Today’s market session shows the BPCL share trading with moderate volatility. Investors are closely watching the stock’s movement. The company remains India’s second-largest government-owned oil marketing firm.
The stock opened at Rs 356.00 on January 23, 2026. It touched a day’s high of Rs 361.90. The closing price stood at Rs 349.70. This represents a decline of Rs 4.45 or 1.26% from the previous session.
Today’s BPCL Share Price Movement
The BPCL share witnessed mixed trading patterns during today’s session. Market participants showed cautious sentiment. The stock’s intraday range was between Rs 348.20 and Rs 361.90. Trading volumes reached 5,338,663 shares. This is below the average daily volume of 7,123,517 shares.
The stock continues to trade below its 50-day moving average of Rs 364.72. However, it remains above the 200-day moving average of Rs 333.86. This indicates short-term weakness but long-term strength. The market capitalization stands at approximately Rs 1.52 trillion.
Key Financial Metrics and Performance
Current Market Statistics
Quarterly Financial Performance
The company reported strong quarterly results for Q2 FY2025-26. Revenue reached Rs 1,04,946.27 crore. This marked a 2.10% increase from the previous year. Net profit jumped significantly by 169.52% to Rs 6,191.49 crore. Operating margins improved to 9.30% from 4.39%.
The company declared an interim dividend of Rs 7.50 per share. This translates to a dividend yield of 4.30%. The strong financial performance reflects improved refining margins. Lower crude oil prices have also supported profitability.
Volume Analysis and Trading Activity
Trading activity in the BPCL share has been moderate recently. Today’s volume of 5.34 million shares is below the daily average. This suggests reduced investor participation. The average daily volume stands at 25.68 lakh shares.
Open interest in derivatives increased by 11.1%. It rose to 30,840 contracts from 27,760 contracts. This surge indicates heightened market activity. Traders are positioning for potential volatility ahead. The stock has witnessed six consecutive days of losses.
Technical Analysis and Chart Points
Support and Resistance Levels
Support Zone: The immediate support level sits at Rs 349.55. This represents the recent low from the January 2026 range. A break below this could push the stock toward Rs 327.20.
Resistance Level: Key resistance appears at the Rs 365-367 range. The stock needs to cross this level for upward momentum. The next major resistance is at Rs 388.15 (52-week high).
Moving Average Position: The 50-day moving average at Rs 364.72 acts as dynamic resistance. The 200-day moving average at Rs 333.86 provides long-term support. The stock is currently trading between these averages.
Technical Indicators
The MACD indicator shows mildly bearish weekly signals. RSI readings remain neutral. Bollinger Bands suggest mild bullishness. The Know Sure Thing (KST) indicator displays weekly bullish but monthly bearish trends.
MarketsMojo downgraded the rating from ‘Strong Buy’ to ‘Buy’. This reflects mixed technical signals. The stock underperformed the Sensex by significant margins. Year-to-date returns show a decline of 7.63%.
Recent News and Developments
Oil Discovery in Abu Dhabi
Urja Bharat, a joint venture of IOC and BPCL, discovered oil in Abu Dhabi’s Onshore Block 1. The concession covers 6,162 square kilometers. This marks an important milestone for the company’s international expansion. The discovery could boost future revenue streams.
PNG Drive 2.0 Initiative
BPCL leads the PNG Drive 2.0 campaign. This initiative aims to boost PNG and CNG adoption across India. The program aligns with India’s clean energy goals. It focuses on reducing emissions and improving energy efficiency.
Major Contract Awards
Technip Energies secured two large contracts from BPCL. These involve projects at Bina and Mumbai refineries. The Bina refinery project includes EPCC for polypropylene and butene-1Butene-1 units. These expansions will enhance production capacity.
Management Changes
The company announced senior management changes effective January 1, 2026. Sanjeev Raina and Teresa Raju Naidu superannuated. Vivek V Maheshwari was appointed as Head of Internal Audit. These transitions ensure continuity in operations.
Comparison with Peer Companies
The BPCL share competes with other oil marketing companies. Indian Oil Corporation (IOC) trades at Rs 156.30. It showed a decline of 1.73%. Hindustan Petroleum (HPCL) is at Rs 414.50, down 3.09%.
BPCL’s PE ratio of 6.07 is more attractive than the industry average. The dividend yield of 4.30% outperforms many peers. However, HPCL has delivered superior three-year returns of 202.4%. This outperforms BPCL by 79.6%.
Analyst Ratings and Price Targets
Analysts maintain mixed views on the stock. Motilal Oswal has a neutral call with a target of Rs 348. Jefferies remains positive on the long-term prospects. The consensus target estimate stands at Rs 415.09. This suggests a potential upside of 18.7%.
The maximum analyst estimate reaches Rs 522.00. The minimum estimate is Rs 300.00. Current price levels offer entry opportunities for long-term investors. Short-term traders should wait for a technical breakout.
Investment Considerations
The current price presents a mixed picture. The stock trades at attractive valuations. The PE ratio of 6.07 is significantly below historical averages. The dividend yield of 4.30% provides steady income. Strong quarterly results indicate improving fundamentals.
However, technical indicators show short-term weakness. The stock has declined for six consecutive sessions. Trading volumes are below average. Investors should monitor crude oil price trends. Government policies on fuel pricing remain crucial factors.
Long-term investors can consider accumulating at current levels. Short-term traders should wait for reversal signals. Stop loss should be maintained below Rs 327.20. Target prices range from Rs 415 to Rs 450.
Conclusion
The BPCL share presents a balanced investment opportunity at current levels. The stock trades at an attractive valuation with a PE ratio of 6.07. Strong quarterly results and improved profitability indicate solid fundamentals. The dividend yield of 4.30% offers steady income for investors.
However, short-term technical weakness requires caution. The stock has declined for six consecutive sessions. Trading volumes remain below average. Investors should monitor crude oil prices and government policies closely.
Long-term investors can gradually build positions. The company’s expansion projects and international ventures promise future growth. Current price levels offer reasonable entry points for patient investors. Always conduct thorough research before making investment decisions.
Frequently Asked Questions (FAQs)
The BPCL share is trading at Rs 349.70 as of January 23, 2026. The stock declined by 1.26% during today’s trading session. Investors should check real-time prices before making investment decisions.
BPCL offers attractive long-term potential with strong fundamentals. The company has delivered 77.14% returns over five years. The dividend yield of 4.30% provides regular income. Current valuations appear reasonable for patient investors.
Crude oil prices significantly impact profitability. Government fuel pricing policies affect margins. Refining capacity utilization drives revenue growth. Competition from private refiners creates market pressure. Global energy transition trends influence long-term outlook.
BPCL declared an interim dividend of Rs 7.50 per share for Q2 FY2025-26. The current dividend yield stands at 4.30%. The company has a consistent dividend payment history. Regular dividends make it attractive for income investors.
Disclaimer
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
