Ashish Kacholia holds 4.33% stake: Petrochemicals company receives order worth Rs 218.59 crore from BPCL

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Ashish Kacholia holds 4.33% stake: Petrochemicals company receives order worth Rs 218.59 crore from BPCL

The stock is up by 15 per cent from its 52-week low of Rs 647.70 per share and has given multibagger returns of over 430 per cent in 5 years.

Agarwal Industrial Corporation Limited (AICL) has secured a significant domestic contract from Bharat Petroleum Corporation Limited (BPCL) for the supply of Bulk Bitumen. The agreement involves the delivery of approximately 42,800 metric tonnes of VG-30 and VG-40 grades, divided between Kakinada (32,000 MT) and Mangalore (10,800 MT). Valued at approximately Rs 218.59 crore based on current market prices, this contractual arrangement reinforces the company's role within the national bitumen supply chain.

The execution period for this order spans one year, effective from January 23, 2026, through January 22, 2027. This commercially viable offer includes firm orders worth roughly Rs 166.68 crore for Kakinada and Rs 51.91 crore for Mangalore. The project will be carried out in strict accordance with the terms and conditions specified by the awarding Public Sector Undertaking, highlighting AICL's ongoing operational capacity in the infrastructure sector.

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About the Company

Agarwal Industrial Corporation Ltd. is a diversified company primarily focused on the infrastructure and energy sectors. Their core business involves manufacturing and trading bitumen and allied products, which are crucial for various infrastructure projects. The company also provides Logistics services for bulk bitumen and LPG transportation through its specialised tankers. Additionally, they generate clean energy through wind power, contributing to sustainable development.

An Ace Investor, Ashish Kacholia, owns a 4.33 per cent stake in the company as of December 2025. The company has a market cap of over Rs 1,000 crore and has delivered good profit growth of 36 per cent CAGR over the last 5 years. The stock is up by 15 per cent from its 52-week low of Rs 647.70 per share and has given multibagger returns of over 430 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.