Amron Oil Resources Pvt Ltd receives LOA from IOCL

The Joint Venture Company of GP Petroleums Limited, namely Amron Oil Resources Private Limited, has been awarded LOA (Letter of Acceptance) by Indian Oil Corporation Limited.

The LOA is for supply of 9000 MT of VG 30 and 6000 MT of VG 40 Bulk Bitumen at Pipavav.

The order size is ₹ 74,03,91,000/- (Rupees Seventy-Four Crore Three Lakhs Ninety-One Thousand Only) including 18% GST.

Shares of GP Petroleums Limited was last trading in BSE at Rs. 33.17 as compared to the previous close of Rs. 33.02. The total number of shares traded during the day was 1406 in over 26 trades.

The stock hit an intraday high of Rs. 33.50 and intraday low of 31.13. The net turnover during the day was Rs. 46548.00.

Source : Equity Bulls

Keywords

GPPetroleums INE586G01017 JV AmronOilResources LOA IndianOilCorporation