Bid & Tender
CPCL May Shut Refinery Unit in Tamil Nadu

Date : Dec 03, 2015

Chennai Petroleum Corporation Limited (CPCL) may shut one of the three crude units at its 210,000 barrels per day (bpd) Manali refinery in the flood-hit southern Tamil Nadu state.

 

The scrip opened at Rs. 204 and has touched a high and low of Rs. 205.95 and Rs. 198.25 respectively. So far 1255347(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 3030.01 crore.

 

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 264.7 on 20-Aug-2015 and a 52 week low of Rs. 62.2 on 25-Mar-2015. Last one week high and low of the scrip stood at Rs. 206.5 and Rs. 185 respectively.

 

The promoters holding in the company stood at 67.29 % while Institutions and Non-Institutions held 18.99 % and 13.72 % respectively.

 

The stock is currently trading above its 50 DMA.