BPCL shares tumble 2% after Q3 results disappoint. What brokerages say?

Shares of state-owned Bharat Petroleum Corporation Ltd (BPCL) fell by 1.8% to an intraday low of Rs 272.55 on BSE after the firm reported a 20% year-on-year (YoY) increase in net profit for the December quarter, driven by higher margins.

The company posted a consolidated net profit of Rs 3,805.94…