Thu, Nov 30, 2023
The stock was the star performer as it made stupendous listing gains of 140 per cent and ended still higher on the debut day at Rs 1,313, up 162 per cent.
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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.
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