India's Gandhar Oil Refinery surges after June-quarter profit rises more than seven-fold

Hindustan Petroleum

23/07/2026 06:28

** Shares of India's Gandhar Oil Refinery GADH.NS jump 20% to 283.42 rupees
** Stock hits their highest level since December 27, 2023
** Specialty oils and petroleum products maker reports more than seven-fold year-on-year jump in June-quarter consol net profit to 1.92 bln rupees 
** Consol revenue from operations rises 91.8% Y/Y in the quarter
** More than 12.7 million shares change hands, about 7.9x times vs 30-day avg 
** Stock up 83.6% YTD
     

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))