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    APARINDS — Apar Industries News Story

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    India's Apar Industries hits record high after unit's deal with Saudi Aramco subsidiary

    Picture of Apar Industries logoApar Industries
    Today 07:26
    BUZZ-India's Apar Industries hits record high after unit's deal with Saudi Aramco subsidiary
    ** Shares of Indian cables and lubricants manufacturer Apar Industries APAR.NS rise as much as 3.57% to hit record high of 16,750 rupees, last up 2.4%
    ** Co's Middle East unit on Monday signed agreement with Saudi Aramco Base Oil Company - Luberef
    ** Co to produce flagship transformer oils and other specialty oils in LubeHub Value Park, Yanbu, with supply of base oils from Luberef
    ** Stock on avg rated "buy" by 7 analysts; median PT is 13,880 rupees - LSEG data
    ** APAR up 98% YTD
         

     (Reporting by Abhirami G in Bengaluru)
     ((abhirami.g@thomsonreuters.com))

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