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BPCLNSEBharat Petroleum Corporation Limited· Petroleum ProductsHighNeutral
Announced Thu, 18 Dec, 2025 · 18:55 IST

BPCL forms JV with Coal India for Coal Gasification Project

Marquee Jv AnnouncedStrategic Transactions View source PDFExplain this filing

BPCL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+0.4%Reaction day
₹363.50
prior close
₹363.95
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.6%-0.2% vs market
Refineries & Marketing peers, median of 11sector+1.0%-0.5% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty 100 and 0.5 pts less than its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.4
10m
+0.3
15m
+0.7
30m
+0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+0.4+0.6-0.2+1.0-0.5
Next day
+1.9+1.4+0.5+0.2+1.7
2d
+1.7+1.5+0.2-0.7+2.4
3d
+0.4+1.3-0.9-0.4+0.8
4d
+0.7+1.0-0.3+0.5+0.2
5d
+2.1+0.6+1.5+0.2+1.9
1w
+5.5+1.4+4.1+1.0+4.5
15d
-1.2+0.1-1.4-2.9+1.7
1m
-1.0-0.5-0.4-4.9+3.9
2m
+0.7-0.9+1.5-1.4+2.0
3m
-20.9-10.2-10.8-11.3-9.6
UpDownMarket · Nifty 100Sector · Refineries & Marketing peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

BPCL board approved forming a JV with Coal India Limited (CIL) for a Coal Gasification Project at Western Coalfields, Maharashtra. BPCL will hold 49 percent and CIL 51 percent. The project aims to produce synthetic natural gas (SNG) as an indigenous alternative to imported natural gas, reducing import dependence. Total project cost and investment details are pending the feasibility study and Detailed Project Report, subject to regulatory approvals.

Likely market impact

Positive for long-term energy security and clean coal push. Financial details pending, limiting immediate valuation impact.