BPCL: Retail foray - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

BPCL: Retail foray

May 28, 2001

Bharat Petroleum (BPCL) stock has shot up over the last six months by 150% from Rs 80 to Rs 202. This could be mainly due to the meltdown in the TMT sector with participants re-allocating portfolio funds. The company is planning a strong retail foray at its service stations across the country. Initially, the company plans to focus on the metros namely, Delhi, Mumbai and Chennai and is targeting to establish 40 stores. At a latter date BPCL will attempt a national foray augmenting the chain to 300 such stores.

In & Out Stores, the brand name of the chain, will attempt to provide a wide range of services. BPCL is reported to have signed up with leading national and international brands to offer these services.

Retail push
Partner Product
Kotak Securities Financial services
Kodak Photo-shop
Sony Music Music corner
SaReGaMa India
Qwiky's Coffee retailer
Pepsi Aerated drinks
HLL Kwality Walls
Stanchart, ICICI, UTI ATM services
DHL Courier
Go4ticketing.com ticket vending
ITC Greeting cards
Canon fax, copying etc.

The company has a 4,489 retail outlets all over India. The setting up of convenience stores involves an estimated capex of Rs 0.7 m per store. The company is targeting daily sales of Rs 25,000 - Rs 30,000 from the bigger stores and Rs 8,000 - 10,000 from smaller ones. At these rates non-fuel sales will represent an insignificant amount compared to the fuel sales generated by the company.

Equitymaster requests your view! Post a comment on "BPCL: Retail foray". Click here!

  

More Views on News

BPCL 2020-21 Annual Report Analysis (Annual Result Update)

Oct 20, 2021 | Updated on Oct 20, 2021

Here's an analysis of the annual report of BPCL for 2020-21. It includes a full income statement, balance sheet and cash flow analysis of BPCL. Also includes updates on the valuation of BPCL.

India's Big PSU Selloff: Watch Out for these Top Stocks (Views On News)

Oct 15, 2021

The government's plan to divest its stakes in PSUs could spark off a rally in these four stocks.

BPCL Announces Quarterly Results (1QFY22); Net Profit Up 22.1% (Quarterly Result Update)

Aug 16, 2021 | Updated on Aug 16, 2021

For the quarter ended June 2021, BPCL has posted a net profit of Rs 26 bn (up 22.1% YoY). Sales on the other hand came in at Rs 897 bn (up 76.2% YoY). Read on for a complete analysis of BPCL's quarterly results.

5 Green Energy Stocks to Watch as India Readies for a Revolution (Views On News)

Oct 13, 2021

The excitement around green energy stocks has opened up a huge contrarian opportunity in the traditional energy space.

Top Performing PSU Stocks over the Past One Year (Views On News)

Oct 1, 2021

After a decade of underperformance, PSU stocks have woken up. Here are the best performing PSUs of past twelve months.

More Views on News

Most Popular

Infosys vs TCS: Which is Better? (Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake (Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

How to Hit Rs 100 Crore Wealth in Your Lifetime (Equitymaster Wealth)

Nov 15, 2021

This is how you can achieve the ambitious goal of a net worth of Rs 100 crore.

Don't Sell these Stocks if the Market Falls (Profit Hunter)

Nov 17, 2021

These are the 3 types of stocks that you should not sell in a market crash.

MobiKwik IPO Opens for Subscription Soon. Key Things to Know Before Subscribing. (Views On News)

Nov 20, 2021

The Rs 19 bn issue is set to hit the market soon.

More

Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

BPCL SHARE PRICE


Nov 26, 2021 (Close)

TRACK BPCL

COMPARE BPCL WITH

MARKET STATS