INDIAN RAILWAYS JOINS HANDS WITH BPCL FOR STARTING CARGO TERMINAL IN JAMMU
Indian Railways has collaborated with
BPCL
to start a Gati Shakti Cargo Terminal in Jammu with an aim to improve fuel transportation and logistics efficiency in the region and reduce dependence on road transport. This terminal is expected to facilitate the movement of petroleum products, ensuring streamlined supply to Jammu and surrounding areas. This project is also aligned with national infrastructure priorities focused on cost efficiency and faster cargo movement.
Stock price of
BPCL
is currently trading at an attractive P/E of 5.40 and P/B of 1.43 making it a good value buy for long term investing. Moreover, the company has been maintaining a healthy dividend payout of 35% making it a good opportunity for regular income.