Hindustan Petroleum Corporation Limited (HPCL) shares are buying and selling flat a day after a fireplace broke out on the firm’s plant positioned at Visakhapatnam in Andhra Pradesh. At 9:35 am, HPCL shares have been buying and selling just about unchanged at Rs 288.40 on the BSE.
On May 26, there have been large plumes of thick smoke after a fireplace broke out at an HPCL plant in Visakhapatnam in Andhra Pradesh. HPCL later mentioned in a tweet that the hearth had been extinguished and there have been no casualties. The reason for the incident is just not but recognized, in accordance with officers.
HPCL runs a 8.3 million tonnes-a-year oil refinery at Visakhapatnam. The unit turns crude oil into worth added fuels similar to petrol and diesel.
The markets have been additionally muted, with the BSE Sensex and NSE Nifty edging larger by 38 factors and 9 factors respectively.