Gandhar Oil Refinery shares listed with a jump of 76 percent
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Later it increased by 103.90 percent to Rs 344.60. The shares were listed at Rs 298, up 76.33 per cent, on the NSE. Later the shares of the company increased by 103.57 percent to Rs 344.05.
Shares of Gandhar Oil Refinery (India) got listed on the market on Thursday, rising more than 76 per cent from the issue price of Rs 169. The stock opened at Rs 295.40, up 74.79 per cent from the issue price on BSE.
Later it increased by 103.90 percent to Rs 344.60. The shares were listed at Rs 298, up 76.33 per cent, on the NSE. Later the shares of the company increased by 103.57 percent to Rs 344.05.
The market valuation of the company stood at Rs 3,011.45 crore in early trade. Gandhar Oil Refinery (India) initial public offering (IPO) was subscribed 64.07 times on the last day of bidding on Friday. The price band for the company’s Rs 500.69 crore IPO was fixed at Rs 160-169 per share.
Disclaimer: IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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