Friday, December 26, 2008

Reliance Petroleum spurts commissioning Jamnagar refinery

Reliance Petroleum galloped 10.48% to Rs 88 at 9:56 IST on BSE, on commissioning its refinery at the Jamnagar special economic zone in Gujarat.
The stock hit a high of Rs 89.45 and a low of Rs 82 so far during the day. The stock hit a 52-week high of Rs 259.80 on 8 January 2008 and a 52-week low of Rs 68.55 on 21 November 2008.
The company's current equity is Rs 4500 crore. Face value per share is Rs 10.
Reliance Petroleum (RPL), a subsidiary of Reliance Industries (RIL) has commissioned its refinery at Jamnagar in the state of Gujarat with a crude oil processing capacity of 5.80 lakh barrels per day.
The secondary processing units of the refining complex is currently under synchronisation and commissioning. The entire refinery complex is expected to attain full capacity shortly, company said in a statement.

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