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Manali Petrochemicals Partners with CPCL for Facility Utilization

Story Highlights
  • Manali Petrochemicals signed an agreement with CPCL for using its Manali Plant facilities.
  • The update underlines MPL’s commitment to governance and operational transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Manali Petrochemicals Partners with CPCL for Facility Utilization

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The latest update is out from Manali Petrochemicals Limited ( (IN:MANALIPETC) ).

Manali Petrochemicals Limited has entered into a Memorandum of Agreement with Chennai Petroleum Corporation Limited (CPCL) allowing CPCL to utilize MPL’s loading facilities at its Manali Plant – I for handling its products. Although not a regulatory requirement to disclose, the company made this update public as part of its commitment to good corporate governance, reflecting its efforts to enhance operational collaborations and transparency.

More about Manali Petrochemicals Limited

Manali Petrochemicals Limited operates in the petrochemical industry, providing essential chemical products and solutions primarily focused on domestic and international markets from its facilities in Manali, Chennai.

Average Trading Volume: 44,091

Technical Sentiment Signal: Sell

Current Market Cap: 10.47B INR

See more insights into MANALIPETC stock on TipRanks’ Stock Analysis page.

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