India, June 18 -- Shares of Gandhar Oil Refinery (India) Limited, with a market capitalization of Rs. 1,718.57 crore, are trading at a price of Rs. 175.58, up 12.44 percent from its previous closing price of Rs. 156.15. The stock touched an intraday high of Rs. 182.00 and a low of Rs. 156.60. It is currently trading at a P/E ratio of 11.15x, reflecting strong investor interest following the latest promoter buying disclosure.

One of the strongest signals investors monitor in the equity market is insider buying by promoters. Unlike institutional accumulation, which can sometimes be driven by index rebalancing, passive fund flows, or short-term allocation shifts, promoter buying carries a far stronger message. When a promoter deploys person...