Maharatna stock in focus after forming JV with Sembcorp Green Hydrogen India for green hydrogen productionMaharatna stock in focus after forming JV with Sembcorp Green Hydrogen India for green hydrogen production

Introduction:

Maharatna stock takes a major green leap with a new joint venture aimed at accelerating India’s low-carbon future. This strategic move focuses on renewable energy, green hydrogen, and sustainable fuel technologies to support the country’s clean energy transition goals.

Share Price movement of Bharat Petroleum Corporation:

On April 9, 2025, Bharat Petroleum Corporation Limited opened at ₹288.70, reaching a high of ₹289.00, up 1.08% from the previous close of ₹285.90 and a low of ₹279.60. The stock is currently trading at ₹284.00, with a market cap of ₹1,23,213.56 Crores.

Bharat Petroleum Corporation formed a JV:

Bharat Petroleum Corporation Limited and Sembcorp Green Hydrogen India Private Limited have formed a joint venture to explore renewable energy and green hydrogen projects in India. This collaboration supports India’s broader climate goals and energy transition initiatives.

The joint venture will focus on projects involving green hydrogen, green ammonia production, port operation emission reductions, and emerging fuel technologies. The partnership combines Sembcorp’s renewable experience with BPCL’s infrastructure and energy expertise to address hard-to-abate sectors.

BPCL aims to reach net-zero emissions by 2040 and build a 10 GW renewable energy portfolio. Sembcorp, with 6 GW of renewables in India, plans to enable large-scale, low-cost green hydrogen and ammonia production for a sustainable energy future.

Also Read: PSU stock jumps after signing MoU with DP World group for ship repair clusters and others

Recent news About Bharat Petroleum Corporation:

BPCL has entered into a five-year agreement with Abu Dhabi National Oil Company (ADNOC) to receive 2.5 million tons of liquefied natural gas (LNG), starting April 2025. This deal aims to diversify BPCL’s energy sources and support India’s growing energy needs. ​

Stock performance of Bharat Petroleum Corporation for Period of 1 week, 6 months and 1 year:

Bharat Petroleum Corporation’s stock performance shows a downward trend across all timeframes. Over the past week, it slipped by 0.31%. In the last six months, it declined by 15.3%, and over a one-year period, it recorded a marginal drop of 2.38%.

Also Read: Q4 Update: Senco Gold hits 5% upper circuit after reporting 19% YoY revenue growth

Shareholding pattern of Bharat Petroleum Corporation:

Summary	Dec-24	Sep-24	Jun-24
Promoter	64.10%	67.50%	68.50%
FII	8.90%	8.60%	7.70%
DII	13.30%	9.60%	10.50%
Public	13.70%	14.40%	13.40%

About Bharat Petroleum Corporation:

Bharat Petroleum Corporation Ltd (NSE: BPCL) is a Maharatna PSU and leading oil refining and marketing company in India. It plays a vital role in energy supply, focusing on refining, distribution, and expanding into renewables to support India’s sustainable and low-carbon energy future.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.