Essar Oil has gained over 2% to Rs 108.85 after commissioning second Hydrogen Manufacturing Unit (HMU) at company's refinery.
The HMU with a capacity of 105 Knm3/hr has been commissioned at Vadinar Refinery of Essar oil in Gujarat which would provide flexibility and reliability to overall refinery operations, according to Essar Oil's statement to BSE.
The stock opened at Rs 109.40 and has hit a high of Rs 110.05 while around one lac shares have changed hands on BSE and NSE combined till 10:33 hrs.
