Bharat Petroleum Corporation Limited (BPCL) is one of India\s largest PSU companies, with Global Fortune 500 rank of 287 (2008). It\s corporate office is located at Ballard Estate, Mumbai. As the name suggests, its interests are in petroleum sector. It is involved in the refining and retailing of petroleum products. Bharat Petroleum is considered to be a pioneer in Indian petroleum industry with various path-breaking initiatives such as Pure for Sure campaign, Petro card, Fleet card etc. BPCL\s growth post-nationalisation (in 1976) has been phenomenal. One of the single digit Indian representatives in the Fortune 500 Forbes 2000 listings, BPCL is often referred to as an “MNC in PSU garb”. It is considered a pioneer in marketing initiatives, and employs “Best in Class” practices.
Which is a better Conglomerate stock to invest in?