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GANDHAR OIL REFINERY (INDIA) LTD. Gains 5%; BSE OIL & GAS Index Up 0.8%
Wed, 27 Nov 15:21

GANDHAR OIL REFINERY (INDIA) LTD. Gains 5%; BSE OIL & GAS Index Up 0.8%Image source: peterschreiber.media/www.istockphoto.com

GANDHAR OIL REFINERY (INDIA) LTD. share price has zoomed 5% and is presently trading at Rs 216.5.

Meanwhile, the BSE OIL & GAS index is at 26,527.2 (up 0.8%).

Among the top gainers in the BSE OIL & GAS index today are ADANI TOTAL GAS (up 20.0%) and IOC (up 1.4%).

Petronet LNG (down 0.7%) and GUJARAT GAS (down 0.5%) are among the top losers today.

Over the last one year, GANDHAR OIL REFINERY (INDIA) LTD. has moved up from Rs 0.0 to Rs 216.5, registering a gain of Rs 216.5 .

On the other hand, the BSE OIL & GAS index has moved up from 20,125.9 to 26,527.2, registering a gain of 31.8% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 66.4%), Petronet LNG (up 66.1%) and GAIL (up 55.6%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 80,239.9 (up 0.3%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 6.7%) and NTPC (up 2.1%). The most traded stocks in the BSE Sensex are MUNDRA PORT & SEZ and NTPC.

In the meantime, NSE Nifty is at 24,274.1 (up 0.3%). Adani Enterprises and MUNDRA PORT & SEZ are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 80,239.9, registering a gain of 14,065.7 points (up 21.3%).

GANDHAR OIL REFINERY (INDIA) LTD. Financial Update...

GANDHAR OIL REFINERY (INDIA) LTD. net profit fell 62.0% YoY to Rs 183 million for the quarter ended September 2024, compared to a profit of Rs 481 million a year ago. Net sales declined 6.6% to Rs 9,351 million during the period as against Rs 10,010 million in July-September 2023.

For the year ended March 2024, GANDHAR OIL REFINERY (INDIA) LTD. reported 22.7% decrease in net profit to Rs 1,653 million compared to net profit of Rs 2,139 million during FY23. Revenue of the company grew 0.8% to Rs 41,132 million during FY24.

The current Price to earnings ratio of GANDHAR OIL REFINERY (INDIA) LTD., based on rolling 12 month earnings, stands at 18.6.


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