Gandhar Oil Refinery (India) rises after 246 million rupees contract win

Gandhar Oil Refinery India

25/08/2025 09:12

** Shares of Gandhar Oil Refinery (India) GADH.NS turn positive after contract win, up 1.7% to 152.9 rupees

** GADH gets two-year contract from Bharat Heavy Electricals BHEL.NS worth 246 mln rupees ($2.8 mln) for supply of transformer oil

** Shares were trading ~1.5% lower before the news

** YTD, GADH down ~28%

($1 = 87.5040 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436; ))