Bharat Petroleum Corporation Director A.P.M. Mohammed Hanish steps down
Bharat Petroleum Corporation (BSE: BPCL) said A.P.M. The company is valued at about ₹1.29 lakh crore.
What happened
Bharat Petroleum Corporation (BSE: BPCL) informed the stock exchanges on 4 November 2026 at 02:27 PM that A.P.M. Mohammed Hanish, Director, has ceased.
Company snapshot
Bharat Petroleum Corporation is a large-cap company in the Oil Gas & Consumable Fuels sector, with a market value of about ₹1.29 lakh crore.
The stock last traded at ₹296.9, against a 52-week range of ₹266.6–₹391.7 (24.2% below the high).
Before this filing the shares had moved −1.2% over the month and −9.0% over three months. Average daily turnover over the last 20 sessions was about ₹144 crore.
Promoters held 52.98% at the end of Q2 FY27. Foreign institutions owned 16.66% and domestic institutions 21.58%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 1,21,605 | 6,191.5 | 14.49 |
| Q3 FY26 | 1,36,653 | 7,188.4 | 16.82 |
| Q4 FY26 | 1,34,948 | 5,624.5 | 13.16 |
| Q1 FY27 | 1,59,527 | -1,872.7 | -4.38 |
| Q2 FY27 | 1,57,818 | 4,863.1 | 11.38 |
What history shows
This is not the company's first management change disclosure: BCEIE has 6 earlier filings of this kind on record since May 2026.
After those filings, the stock fell 0.3% on average the next trading day and was down 1.1% on average after five days (6 filings with price data).
Across 64 similar disclosures by other Oil Gas & Consumable Fuels companies, shares moved +0.1% on average the next day and +0.0% over five days; 55% of them rose the next day.
Market-wide, 4,237 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 10 Sept 2026 | Change in Auditors of the company. | +0.5% | +3.6% |
| 1 Aug 2026 | Management change | +1.3% | −0.4% |
| 1 Jul 2026 | Management change | +2.3% | 0.0% |
| 25 Jun 2026 | Management change | −1.9% | −1.7% |
| 1 Jun 2026 | Management change | −1.2% | −4.3% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
In the news
Recent coverage elsewhere (links open the original publisher):
- India's Bharat Petroleum profit drops amid crude oil price volatility
- Bharat Petroleum Corporation Limited (BPCL.NS) stock price, news, quote and history
- BPCL Share Price Today - Bharat Petroleum on NSE/BSE
- Bharat Petroleum’s net profit dips amid volatile crude prices in Q2
- India's BPCL to Cut Russian Oil Imports Due to Higher Prices
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.