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Privatization bound BPCL Board approves of the amalgamation of BORL

Amalgamation is expected to enhance the valuation of BPCL bound for privatization but rising fuel prices may act spoiler.

Shreya Banthia / Article rating: 5.0

In the Board Meeting held on October 21, the scheme of amalgamation has been approved by the members. The amalgamation will consolidate BPCL’s presence in Bina facilitating future expansion and diversification in the region. BPCL, which is a Maharatna PSU holds 14-15 per cent of the country’s total refining capacity. Amalgamation is expected to enhance the valuation of BPCL bound for privatization by enhancing its refining capacity. 

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Star Housing Finance soars by 2.14 percent as the AUM crosses Rs 100 crore mark

The share price of Star Housing Finance gained by 2.14 per cent when the BSE Sensex closed in the red by more than 400 points on Tuesday.

Yogesh Supekar / Article rating: 3.8
Star Housing Finance traded with a positive bias on Tuesday as the company announced that it has crossed the Asset Under Management (AUM) of Rs...

Markolines Traffic Controls Limited: Three Hundred and Forty Seven Company to get listed on BSE SME Platform

BSE became the first stock exchange to get the approval from SEBI and launch its SME platform on 13th March, 2012. 

Yogesh Supekar / Article rating: 3.2

Mumbai based Gretex Corporate Services Limited, was the lead manager to Markolines Traffic Controls Limited. 

These Top Performing stocks from the hospitality sector gained up to 23.86 per cent in one week alone!

Travel industry and hotel industry were the most negatively impacted sectors in India, owing to the strict lockdowns.

Yogesh Supekar / Article rating: 4.0
Investors perceive that the hospitality sector stands to gain the most from the aggressive vaccination drive even as the festive season kicks off...
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