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Asia

Domino effect: Gandhar Oil’s 20% upper circuit spurs rally in Savita Oil and Panama Petro. Here’s why

Markets-Economic Times · 1h ago · 🇮🇳 India

Domino effect: Gandhar Oil’s 20% upper circuit spurs rally in Savita Oil and Panama Petro. Here’s why

Gandhar Oil Refinery hit the 20% upper circuit after reporting a 689% year-on-year jump in Q1 net profit, triggering a rally in peers Savita Oil and Panama Petrochem. Strong demand across PHPO, PIO and lubricants, along with expanding exports and higher-margin products, boosted investor sentiment.

Read the full story at Markets-Economic Times →

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