Shares in HPCL hit a 52-week high of Rs 400 before closing at Rs 395.85, up by 6.08 per cent. More than 25.43 lakh shares were traded on the BSE.
The scrip gained on reports that the golden-share clause, which enabled a government veto on any board decision, will be omitted in the transaction document for strategic sale. There were also reports that the company