Societe Generale bought 6,84,241 shares of Gandhar Oil Refinery (India) Limited for ₹19.22 Cr at ₹280.93 apiece in a bulk deal. Gandhar Oil Refinery's share price hit a new 52-week high of ₹283.42 on the day of the deal.
A leading manufacturer of white oils, Gandhar Oil Limited serves the consumer and healthcare industries with specialized lubricant products. Incorporated in 1992, the company focuses on producing high-quality white oils tailored for pharmaceutical, cosmetic, and industrial applications. Its deep expertise in manufacturing white oils for niche segments and commitment to quality make it a distinctive player in India's lubricants sector.
French global investment bank with around EUR 1.6 trillion in assets. India FPI activity covers proprietary, market-making and client flows in listed Indian equities.