STOCKS IN ACTION 17 MAY Bharat Petroleum Corporation: The com | Indian Stock Market

STOCKS IN ACTION 17 MAY

Bharat Petroleum Corporation: The company will set up an ethylene cracker project at Bina Refinery in Madhya Pradesh with a capex outlay of Rs 49,000 crore. It will set up 50 MW wind power plant for captive consumption at Bina Refinery and Mumbai Refinery in Maharashtra, with total project cost of Rs 978 crore. It will also build petroleum oil lubricants and lube oil base stock storage installatio

MRF: The company has signed a purchase agreement with First Energy 4 for acquisition of 19.1% stake and purchasing solar power. The acquisition will be done for a cash consideration of Rs 1,3.09 crore.

Aurobindo Pharma: The company received tentative approval from U.S. FDA for its Abacavir tablets, used in treatment of HIV infection.

KPI Green Energy: The company and its subsidiary KPIG Energia received commissioning certificates from Gujarat Energy Development Agency for solar power projects with a cumulative capacity of 10.18 MW, to be set up for five clients.

One 97 Communications: The parent company of Paytm appointed Bhavesh Gupta as president and chief operating officer.

Reliance Industries: Jio-bp, the fuel vending joint venture between Reliance Industries and bp, launched premium diesel fuel at a price below that charged by state-run oil companies.

HEROMOTO CORP: CO LAUNCHES ALL-NEW OBD-II & E20 COMPLIANT ADVENTURE MOTORCYCLE, XPULSE 200 4 VALVE || CO SAYS BASE AND PRO, THE XPULSE 200 4V IS AVAILABLE AT CO DEALERSHIPS AT AN ATTRACTIVE PRICE OF INR. 1,43,516/- (BASE) AND INR 1,50,891/- (PRO)