Introduction
Leading transformer oil supplier has secured a two-year contract worth Rs. 24.60 crore from BHEL, Jhansi, to provide high-quality transformer oil, reinforcing its presence in India’s industrial and power equipment sector.
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Share price movement of Gandhar Oil
On August 25, 2025, Gandhar Oil Refinery (India) Ltd opened at ₹150.30, down slightly from its previous close of ₹150.60. The stock reached a high of ₹155.60 and a low of ₹149.70. By 2:59 PM, it traded at ₹151.70, a 0.73% increase, with a market capitalization of ₹1,484.83 crore.
Gandhar Oil Secures Rs. 24.60 Crore BHEL Contract
Gandhar Oil Refinery (India) Limited has received a two-year rate contract from Bharat Heavy Electricals Limited (BHEL), Jhansi. The contract is for the supply of transformer oil, valued at Rs. 24.60 crore.
The contract will be executed on a firm price basis throughout the tenure of two years. The supply agreement is entirely domestic and does not involve any promoter or promoter group interest in BHEL, ensuring a transparent and standard commercial transaction.
Stock performance of Gandhar Oil for Period of 1 week, 6 months, and 1 year
Gandhar Oil Refinery (India) Ltd delivered a 0.87% return over the past week. The stock gained 2.17% in the past six months but declined 30.4% over the past year.
Shareholding pattern of Gandhar Oil
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 65% | 65% | 64.60% |
| FII | 0.20% | 0.20% | 0.60% |
| DII | 2.00% | 1.80% | 1.70% |
| Public | 32.80% | 33.00% | 33.10% |
About Gandhar Oil
Gandhar Oil Refinery (India) Ltd (NSE: GANDHAR), incorporated in 1992, is a leading white oil manufacturer with 26.5% domestic and 9.6% global market share, serving consumer, healthcare, and industrial sectors with high-quality products.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
A: The stock rose after securing a two-year transformer oil supply contract from BHEL, Jhansi, worth Rs. 24.60 crore.
A: The company specializes in manufacturing white oils, serving consumer, healthcare, and industrial sectors with high-quality, globally recognized products.
A: As of August 25, 2025, the company’s market capitalization stands at approximately ₹1,484.83 crore.


