GP Petroleums Limited enters into distributorship agreement with Omni Trade International, Nepal

GP Petroleums Limited has entered into a Distributorship agreement with M/s. Omni Trade International, Nepal on April 10, 2024. This agreement is effective from April 01, 2024, and enables the export, sell, supply or distribution of automotive product line of brand 'REPSOL' products (manufactured and marketed under the from REPSOL LUBRICANTES Y ESPECIALIDADES S.A., Spain) in the territory of Nepal.

Through this collaborative venture, we anticipate bolstering our foothold in the market while simultaneously expanding export sales, thus enabling the effortless dissemination of 'REPSOL' products to a broader spectrum of consumers and a wider market landscape.

Shares of GP Petroleums Limited was last trading in BSE at Rs. 71.71 as compared to the previous close of Rs. 70.47. The total number of shares traded during the day was 27264 in over 516 trades.

The stock hit an intraday high of Rs. 73.35 and intraday low of 69.90. The net turnover during the day was Rs. 1956666.00.

Source : Equity Bulls

Keywords

GPPetroleums INE586G01017 DistributorshipAgreement OmniTradeInternational Nepal