Gandhar Oil Refinery Faces Persistent Bearish Trend Amid Significant Volatility in October 2023

Feb 14 2025 10:05 AM IST
share
Share Via
Gandhar Oil Refinery has faced notable volatility, hitting a 52-week low and experiencing a decline over the past six days. The stock has underperformed its sector significantly and is trading below key moving averages, raising concerns about its performance compared to broader market trends.
Gandhar Oil Refinery (India) has experienced significant volatility today, reaching a new 52-week low of Rs. 151.35. This marks a notable decline for the small-cap company, which operates in the oil exploration and refinery sector. The stock has underperformed its sector by 1.19% and has been on a downward trend for the past six consecutive days, resulting in a total decline of 13.38% during this period.

Intraday trading saw the stock hit a high of Rs. 159, reflecting a modest increase of 2.81%, but it ultimately closed lower. The stock's performance over the past year has been challenging, with a decrease of 34.98%, contrasting sharply with the Sensex, which has gained 6.26% in the same timeframe.

Additionally, Gandhar Oil Refinery is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish trend. Investors and market watchers will be keen to observe how the company navigates these challenges in the coming days.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News