You can invest in BPCL shares by signing up with a good broker like Motilal Oswal and opening a demat account. Your Demat account should be linked with a trading account through which you can transact on the stock exchange and invest in shares.
According to an Economic Times report (31 January 2023) analysts at Motilal Oswal have a neutral call on the BPCL target price at Rs. 348.
Analysts suggest the BPCL share price may just go a little ahead in price and may reach a close enough price of around Rs. 350 for the short term. The company, although stable enough, has a future ROE which is predicted to be on the lower side.
Over the past 3-6 months, BPCL has shown relatively less volatility in its stock than other stocks from the same sector. Over the past year, the volatility has been at only about 3%.
The book value of BPCL shares is Rs. 239.46 per share.
The key products that the Bharat Petroleum Corporation Limited deals in are crude oil and other petroleum products. The international prices of oil and demand and supply, both global and domestic, may affect the prices of the BPCL stock. Geopolitical events like the Russia-Ukraine conflict may also tend to affect oil prices and petroleum stock.
In March 2023, BNP Paribas had a buy call on the BPCL stock, with a target of around 354. Analysts recommend that this large-cap company may be good for long-term investment in case the price tends to move upwards.