BPCL becomes the highest Market Cap Oil Marketing PSU, overtaking Indian Oil, who has been the leader, among the three Oil PSUs - Indian Oil, Bharat Petroleum and Hindustan Petroleum.

This is a tribute to the foresight and determination of the leadership who have steered the organization to great heights with focus on differentiation and value creation, through strategic and innovative actions. That is why BPCL is known more as an MNC, in culture, swiftness and foresightedness.

Indian Oil’s Market Cap at the close of yesterday was Rs. 107980.40 Crore, while that of Bharat Petroleum’s reached 108820.56 Crore.

BPCL - Market Cap

Bharat Petroleum Corporation (BPCL) was India's sixth-largest company by turnover in FY19. It is also the second-largest oil marketing company (OMC) and commanded a domestic market share of 23.83% during FY19 among public-sector oil-marketing companies.

Through its network of subsidiaries and joint ventures, the company is fully integrated energy multinational, operating across the hydrocarbon value chain with widespread domestic reach and global footprints. Group Refineries have a refineing capacity of 766 Kilo-Barrels/Day, with its Kochi refinery having the largest refining capacity of 15.5 MMTPA, among public-sector refineries.