New Leaina Investments has bought 15 lakh shares of Gulf Oil Corporation through open market route. The shares were purchased on an average price of Rs 189.45 valuing the transaction to Rs 28.42 crore. On the other hand, Girdharilal V Lakhi has sold 9.64 lakh shares of the company for an average price of Rs 188.68 through open market route.
Gulf Oil Corporation is engaged in manufacturing industrial explosives, mining products, lubricants, speciality oils and chemicals, active pharma ingredients (bulk drugs) and pharma formulations.