Arabian Petroleum Limited Secures Purchase Order from HPCL worth approximately ~INR 5 Crore
Arabian Petroleum Limited has secured a significant purchase order from Hindustan Petroleum Corporation Ltd (HPCL). The contract involves the supply of additive to the HPCL Lube Plant and is valued at approximately ~INR 5 crore.The company announced that it received the domestic purchase order for the Supply of Additive at the HPCL Lube Plant. This transaction falls outside the scope of related party dealings.
Details regarding the awarded contract include:
| Particulars | Details |
|---|---|
| Entity Awarding Order | Hindustan Petroleum Corporation Ltd |
| Nature of Order | Supply of Additive at HPCL Lube Plant |
| Order Size | ~INR 5 Crore (approx.) |
| Originating Entity Type | Domestic |
The order represents a material business achievement for Arabian Petroleum Limited in the supply chain sector.
ARABIAN Stock Price Movement
Today, Arabian Petroleum Limited shares settled flat at ₹69.45 after trading concluded for the day. The stock recorded a total traded volume of 4,000 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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