Announced Wed, 3 Jun, 2026 · 18:20 IST
Wins Rs 477.50 Cr Bitumen Supply Tender from HPCL
AGARIND · price
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Price reaction · full curve 14 horizons · vs prior close
+18.9%1-day move
₹419.35
prior close
₹450.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+9.3+11.8+11.8+11.8+18.9+12.8+13.9+10.6+6.4+38.4+28.9+26.9+26.3+8.0
Up moveDown movePending
AI summary
Bagged a tender from HPCL to supply 1,30,000 metric tonnes of Bulk Bitumen (VG-30 and VG-40 grades) at Mumbai and Mangalore locations. Estimated order value is about Rs 477.50 crores. Supply period runs from May 25, 2026 to May 24, 2027. HPCL is a leading Indian public sector oil company. Order is domestic on a contractual basis with no related party interest.
Likely market impact
Large PSU order boosts revenue visibility and strengthens position in bitumen supply chain.