BPCL grants work order of Rs 25.62 crore to Expo Gas Containers Ltd
State-owned BPCL has awarded a work order worth Rs 25.62 crore to Microcap Engineering and Construction Company, Expo Gas Containers Ltd.
State-owned BPCL has awarded a work order worth Rs 25.62 crore to Microcap Engineering and Construction Company, Expo Gas Containers Ltd.
According to the press release, the company announced that it has bagged a work order from Bharat Petroleum Corporation Limited for Tankage M&I Jobs Mechanical Package. The total order value stood at Rs 25.62 Crore, and the order will be executed in 3 3-year periods.
Earlier, the company has received notable orders from BPCL and IOCL in January and February 2025.
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The company has secured a work order from Indian Oil Corporation Limited (Pipeline Division) for maintenance and inspection work of crude oil storage tanks, with a total order value of Rs 15.6 Crore. Additionally, it received an order from BPCL amounting to Rs. 5.00 Crore for maintenance and inspection of crude oil Tanks.
At Rs 52.4 per share, the company's stock reached a 5 percent upper circuit. Over the last year, the shares have produced multi-bagger returns of 130.8 percent; over the last three years, 316 percent; and over the last five years, 2,520 percent.
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