Bharat Petroleum Gains After Board Approves Sale Of Numaligarh Refinery

Shares of state-run oil refining company Bharat Petroleum rose as much as 6 per cent to hit an intraday high of Rs 482.40 after its board of directors approved sale of Numaligarh Refinery in Assam. "Bharat Petroleum Corporation Limited approved the proposal for sale of entire equity shares held by BPCL in Numaligarh Refinery Ltd (NRL) (constituting 61 .65 per cent of the total equity capital of NRL), a material subsidiary company of ...