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GP Petroleums surges on inking pact with Repsol to launch lubricant range in India

GP Petroleums Ltd. | Lubricants | Automobiles | BSE: 532543 | NSE: GULFPETRO

18 Jun 2015 Evaluate

GP Petroleums is currently trading at Rs. 36.15, up by 0.95 points or 2.70% from its previous closing of Rs. 35.20 on the BSE.

The scrip opened at Rs. 36.60 and has touched a high and low of Rs. 36.70 and Rs. 35.80 respectively. So far 1624 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 49.70 on 05-Feb-2015 and a 52 week low of Rs. 14.62 on 20-Jun-2014.

Last one week high and low of the scrip stood at Rs. 37.65 and Rs. 31.00 respectively. The current market cap of the company is Rs. 183.29 crore.

The promoters holding in the company stood at 72.24% while Institutions and Non-Institutions held 0.45% and 27.31% respectively.

GP Petroleums, subsidiary of Gulf Petrochem Group, a UAE-based leading player in the oil sector, has formed a strategic partnership with Spain’s No 1 petroleum company ‘Repsol’ to exclusively manufacture and market Repsol’s superior and comprehensive line of premium quality lubricants across India, thus unfolding a new chapter in the history of Indian company’s operations.

With this, GP Petroleums, which has a strong presence in the industrial lubricants with its flagship brand IPOL, will now unleash a new aggressive marketing strategy in the automotive segment also with Repsol, a global leader in the lubricant space. Repsol’s products come with added benefits and special features that will cater to the newly emerging premium and top- end segment across markets in the country.

GP Petroleums ltd previously known as Sah Petroleums, specializes in designing, manufacturing and marketing, industrial & automotive lubricants, process oils, transformer oils, greases and other specialties under the brand name IPOL in India and internationally for more than three decades.

GP Petroleums Share Price

33.85 0.47 (1.41%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Castrol India	182.30
Savita Oil Tech	363.05
Gulf Oil Lubricant	971.55
Gandhar Oil Refinery	147.45
Panama Petrochem	274.85
View more..

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GP Petroleums surges on inking pact with Repsol to launch lubricant range in India

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