The Supreme Industries Ltd receives LOA from BPCL for supply of Composite LPG Cylinders

The Supreme Industries Ltd has received Letter of Acceptance (LOA) from BHARAT PETROLEUM CORPORATION LTD (BPCL) against its offer through Tender, for supply of 2,00,000 number of 10.0 Kg Composite LPG Cylinders. The total supply is expected to be valued at around Rs.54 crores approx.

The Contract shall be valid for a period of 6 months from the date of placement of LOA. However, the same may be extended and/or repeated at sole discretion of BPCL for a further period of up to 6 months.

Shares of Supreme Industries Limited was last trading in BSE at Rs. 4197.00 as compared to the previous close of Rs. 4273.15. The total number of shares traded during the day was 1305 in over 254 trades.

The stock hit an intraday high of Rs. 4272.50 and intraday low of 4179.45. The net turnover during the day was Rs. 5492289.00.

Source : Equity Bulls

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