India, Jan. 27 -- Shares of a leading manufacturer of white oils by revenue, engaged in producing pharmaceutical, health care, and performance oil (PHPO), process insulating oil (PIO) and lubricants crashed 9 percent on Tuesday, despite posting Q3 FY26 results marked by a sharp growth of around 70 percent YoY in net profit.

At 11:28 a.m., shares of Gandhar Oil Refinery (India) Limited were trading in red at Rs. 154.2 on BSE, down by around 6 percent, compared to its previous closing price of Rs. 163.9, with a market cap of Rs. 1,509.3 crores. The stock has delivered negative returns of over 13 percent in the last one year, but has gained by percent in the last one month.

Financial Performance for Q3 FY26 Gandhar Oil Refinery (India) Lim...