Gandhar Oil Refinery Surges Amid Broader Market Trends and Mixed Performance Indicators

Gandhar Oil Refinery (India) has shown significant activity today, with the stock rising by 7.26% as of March 7, 2025. This performance has allowed it to outperform the broader oil exploration and refineries sector, which gained 2.04%. Over the past four days, Gandhar Oil has demonstrated a strong upward trend, accumulating a total return of 13.01%. The stock reached an intraday high of Rs 148.55, reflecting a 7.3% increase. In terms of moving averages, the stock is currently above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed short- to long-term performance. In the broader market context, the Sensex opened flat, trading at 74,377.42 with a slight increase of 0.05%. Small-cap stocks are leading the market today, with the BSE Small Cap index gaining 0.9%. Despite today's gains, Gandhar Oil's performance over the past month shows a decline of 13.69%, and it has faced challenges over the longer term, with a year-to-date decrease of 30.28%.