 | Print this page |
|
| |
Bongaigaon Refinery runs out of fuel on setting merger ratio
Bongaigaon Refinery and Petrochemicals slumped 5.50% to Rs 50.65 after Indian Oil Corporation’s board recommended a swap ratio of four IOC shares for every 37 shares held in Bongaigaon Refinery, for merger of Bongaigaon Refinery in IOC
As many as 3.97 lakh shares were traded on the counter on BSE.
Bongaigaon Refinery stock declined from Rs 56.30 on 15 November to Rs 53.60 on 28 November.
Bongaigaon Refinery is 74.46% subsidiary of PSU oil refinery and marketing IOC. The company has presence in refinery, petrochemicals and polyster staple fibre.
Bongaigaon Refinery & Petrochemicals (BRPL) posted 2.30% rise in net profit to Rs 50.29 crore for Q2 September 2006 as compared to Rs 49.16 crore for Q2 September 2005. Total income increased 40.60% to Rs 1754.89 crore (Rs 1247.89 crore).
| Previous Stories |
|
| Other Stories |
|
4
Dr Reddy's Lab mirrors fall in ADR (9-Feb 09:07 Hrs IST) |
|
4
Chambal Fertilizers & Chemicals leads gainers in 'A' group (8-Feb 16:03 Hrs IST) |
|
4
Simmonds Marshall corrects on profit booking (8-Feb 15:17 Hrs IST) |
|
4
New orders help McNally Bharat extend gains (8-Feb 14:45 Hrs IST) |
|
4
Poly Medicure spurts on bonus issue plan (8-Feb 14:16 Hrs IST) |
|
4
New order strengthens Sadbhav Engineering (8-Feb 13:49 Hrs IST) |
|
4
Areva T&D India bucks trend on winning order (8-Feb 13:38 Hrs IST) |
|
4
Sobha Developers declines after promoter sells stake (8-Feb 12:44 Hrs IST) |
|
4
Bhel pares loss on winning order (8-Feb 12:07 Hrs IST) |
|
4
Metal shares tumble (8-Feb 11:29 Hrs IST) |
| Next4 |