Gandhar Oil Refinery Makes A Stellar Debut; Lists At 76.3% Premium | Stock Market News

Gandhar Oil Refinery India made a stellar debut on the bourses today, with its stock price surging over 100% in the opening minutes of trading. The stock opened at Rs 298 per share on the NSE, a premium of 76% to its issue price of Rs 169. The stock further jumped to Rs 344 levels, indicating a premium of over 103%. The company's strong IPO reception reflects investor confidence in its growth prospects and its position as a leading manufacturer of white oils.