According to nine analysts, IOC may post a net profit of Rs.4,001.20 crore, while net sales will be at Rs.71,875.60 crore. According to estimates of 12 Bloomberg analysts, HPCL may post a net profit of Rs.1,086.90 crore and net sales will be at Rs.36,852.90 crore. The stock gained for the third consecutive session. Photo: Ramesh Pathania/MintMumbai: Shares of Bharat Petroleum Corp. Ltd (BPCL) jumped 10.5%, hitting a record high on Friday after the company posted better-than-expected earnings. According to estimates of 16 Bloomberg analysts, the company may post a net profit of Rs.1,906.20 crore and 16 brokers estimated the company may post net sales of Rs.40,522.2 crore.

Source: Mint May 27, 2016 02:00 UTC