The mishap took place at Wanlado near Lamayuru in Leh, 434 kms from here, last evening when the driver lost control over the cab, which skidded off the road and fell into a deep gorge, they said.
The students, who were studying in Jammu, were returning home.
Rescue teams immediately swung into action and recovered the bodies of three students and evacuated six other injured to a nearby hospital where condition of two of them was stated to be critical, police said
He expressed solidarity with the bereaved families, conveyed his sympathy to them and prayed for eternal peace to the departed souls.
In another accident on Srinagr-Leh National highway, police said four persons were injured when a cab collided with a private car near Prang, 35 kms from here.
The injured were hospitalised, police added.