Stock Report

Petron Engineering receives Letter of Commitment from Reliance Petroleum



Posted On : 2007-04-03 02:34:03( TIMEZONE : IST )

Petron Engineering receives Letter of Commitment from Reliance Petroleum

Petron Engineering Construction Ltd has announced that the Company has received Letter of Commitment from RELIANCE PETROLEUM LTD, JAMNAGAR for Mechanical Works for Polypropylene Plant (Mega PP) Line-1 at Jamnagar Refinery Complex in JERP for a total contract value of Rs 19.00 Crores.

Shares of the company were trading down by Rs.3.05 or 2.08% at Rs.143.50 on volume of 12356 shares compared to 2 week average quantity of 6392 shares.

Source : Equity Bulls

Keywords