Gandhar Oil flags 20% oil price surge, forex risks; says UAE plant ops may be hit

The company said its UAE plant, a 50.1% subsidiary, is maintaining optimum inventory levels, and domestic sales are ongoing. However, if the war continues, raw material supply could be affected, potentially impacting UAE operations. Shares of Gandhar Oil Refinery India Ltd ended at ₹129.90, down by ₹0.25, or 0.19%, on the BSE today, March 10.

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