India's Agarwal Industrial Corp rises on supply agreement with Hindustan Petroleum

Agarwal Industrial

03/12/2024 06:54

** Shares of petrochemicals manufacturer Agarwal Industrial
Corp  AGWL.NS  rise 4.3% at 1,233 rupees 
    ** Co enters agreement with Hindustan Petroleum Corp
 HPCL.NS  to supply bulk bitumen VG30 and VG40, commonly used in
road and building construction 
    ** Total value of the delivery to HPCL is 2.5 bln rupees
($29.51 mln) for a period of one year, with the possibility of
extension 
    ** Stock up 32.8% YTD 


 (Reporting by Ananta Agarwal in Bengaluru)
 ((Ananta.Agarwal@thomsonreuters.com))