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Gandhar Oil Refinery surges on receiving work order worth of Rs 15.20 crore
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Gandhar Oil Refinery (India) is currently trading at Rs. 222.20, up by 1.45 points or 0.66% from its previous closing of Rs. 220.75 on the BSE.
The scrip opened at Rs. 221.95 and has touched a high and low of Rs. 225.50 and Rs. 217.65 respectively. So far 62763 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 344.60 on 30-Nov-2023 and a 52 week low of Rs. 198.50 on 28-Mar-2024.
Last one week high and low of the scrip stood at Rs. 225.50 and Rs. 198.50 respectively. The current market cap of the company is Rs. 2176.14 crore.
The promoters holding in the company stood at 64.63%, while Institutions and Non-Institutions held 9.14% and 26.24% respectively.
Gandhar Oil Refinery (India) has received a work order worth of Rs 15.20 crore from BESCOM for the purpose of supply of New Insulating Oil Uninhibited (U) Type- II Transformer Oil.
Earlier, the company had received a work order worth of Rs 17.41 crore from Ajmer Vidyut Vitran Nigam for the purpose of supply of EHV Grade Type-II Transformer Oil.
The company is a leading manufacturer of white oils by revenue with a growing focus on the consumer and healthcare end-industries.
