BPCL in some difficulty?

Rajesh Sharma

Sounds some difficulty for BPCL after Akhtiyar's instruction to cancel Kabeli license. May be, they will renew the license as World Bank and IFC are involved but certainly the tempo of implementation would face some road blocks. Those who have bought for long term may not, perhaps, be affected but for short term investors, it would be difficult to exit on their term. Regarding dividend, I have no idea, Hari Kc ji.

Note: Here, I use the term "long term" for more than 5 years. However, more than 3 years is also relatively long term in markets like ours where traders have been dominating heavily.