India's Gandhar Oil up on 3.75 bln rupee order for unit

Gandhar Oil Refinery India

02/07/2024 05:21

** Shares of Gandhar Oil Refinery  GADH.NS  rise 2.6% to
222.5 rupees    
    ** Co said on Monday its unit received order worth 3.75 bln
rupees ($44.9 mln) from Abu Dhabi National Oil Co  ADNOCDIST.AD 
    ** Contract for a period of 3 years, with estimated annual
value of contract at 3.75 bln rupees for each year
    ** More than 740,000 shares change hands, 1.6x its 30-day
avg
    ** Stock gained 4% in June

($1 = 83.5450 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))