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Gujarat Natural Resources hikes stake in Amrapali Fincorp to 7.27%

12 May 2016 Evaluate

Gujarat Natural Resources has acquired 67200 (0.5%) equity shares of Amrapali Fincap through open market purchase on May 10, 2016. The company now holds 976800 (7.27%) shares of Amrapali Fincap.

Gujarat Natural Resources (GNRL) is an Indian Company with primary focus in upstream oil & gas sector in India. GNRL, through its step-down subsidiary GNRL Oil & Gas (formerly Heramec), has participating interests in 6 producing blocks in Cambay basin. GNRL Oil & Gas is also operator in four of these blocks.

Peers
Company Name CMP
ONGC 235.55
Oil India 474.05
Jindal Drilling&Inds 593.50
Deep Industries 780.90
Asian Energy Service 487.05
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