Agarwal Industrial Corporation has informed that the Company has successfully secured a prestigious tender from none other than Indian Oil Corporation (IOCL) — one of India’s leading Public Sector Undertakings. Under this tender, the Company has been awarded the supply of Bulk Bitumen (VG-30 & VG-40 Grades) to Kakinada locations, comprising: • Firm Quantity: Approx. 60,500 MT across 11 parcels • Optional Quantity: Approx. 33,000 MT across 6 parcels. This aggregates to a total of approximately 93,500 MT, with an estimated value of: • Firm Orders: ?213.56 Crores (approx.) • Optional Orders: ?116.50 Crores (approx.). Total Estimated Value: ?330.05 Crores (approx., based on current market prices). This significant achievement underlines the Company’s growing presence and reliability in the bitumen supply chain and further strengthens its long-standing relationship with IOCL. The supplies will be executed in accordance with the terms and conditions of the respective tenders.
| Company Name | CMP |
|---|---|
| Rain Industries | 133.20 |
| Agarwal Indl. Corp | 445.15 |
| TN Petro Products | 90.52 |
| Supreme Petrochem | 768.05 |
| Nexxus Petro Inds | 95.50 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: