MoneyWorks4Me

HPCL ties up with Express Bike Works: Report

10 Jun 2016 Evaluate

Hindustan Petroleum Corporation (HPCL), one of the leading petroleum products retailers in the country, has reportedly entered into tie-up with Express Bike Works (EBW), backed by Mark Mobius and the country’s first fastest automated bike wash system. Under this tie up, EBW will set up franchisee outlets at HPCL’s over 12,000 sites across country.  Services available at all EBW stores will include two-minute automated motorcycle washing, detailing, health check-up, express maintenance and on-road assistance anywhere in India.

HPCL operates two major refineries producing a wide variety of petroleum fuels and specialties, one in Mumbai (west coast) of 6.5 million metric tonnes per annum (MMTPA) capacity and the other in Vishakapatnam (east coast).

Peers
Company Name CMP
Reliance Industries 1206.50
Indian Oil Corpn. 133.75
Bharat PetroleumCorp 305.00
HPCL 345.35
MRPL 169.85
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