Gandhar Oil Refinery States No Material News Driving Increase in Trading Volume
Gandhar Oil Refinery (India) Ltd has addressed concerns raised regarding the recent increase in trading volume of its securities across exchanges. The company confirmed that there is no material information or impending announcement that would impact the price or volume behavior of its stock scrip, according to the refinery’s management.In response to queries seeking clarification on the rising trading activity, Gandhar Oil Refinery stated that it has made all necessary disclosures. The company emphasized that there is no undisclosed material event that could affect the market performance of its Equity shares.
The refined oil firm believes the significant surge in trading volume for its securities is purely attributable to prevailing market conditions and is driven by market forces. Consequently, Gandhar Oil Refinery is unable to offer any commentary on the recent substantial rise in the volume of the company's securities across exchanges.
GANDHAR Stock Price Movement
Shares of Gandhar Oil Refinery are rallying aggressively as of 1:22 PM, trading up 3.68% to ₹180.51 in live market activity. The stock performed robustly throughout the session, having traded nearly 2.79 million shares and nearing its annual high.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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