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Staring at a stagnant future-II: BPCL looks hemmed in
Jun 02: Bharat Petroleum Corporation Ltd is also looking at a listless future for the time being.
8Marketing margins are under pressure as private players have begun making inroads even as the expected growth in demand for petroleum products is not materializing as of now.
8The company’s market share growth curve has under delivered from what was the general expectation.
8Thruput estimates for this year and ahead are now lower than estimated on account of a number of factors.
8The impact of the new GST regime remains another point of worry.
8The entire focus is now on the completing the Kochi refinery expansion on time.
8This is t is expected to lead to a $2/barrel improvement in Kochi refinery GRMs. The improvement in refining margins will be the key factor to watch along with the marketing sales volume figures. 
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