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Gulf Oil Corporation inches up on plan to develop IT/ITES SEZ in Bengaluru

GOCL Corporation Ltd. | Chemicals | Chemicals & Fertilizers | BSE: 506480 | NSE: GOCLCORP

28 Mar 2012 Evaluate

Gulf Oil Corporation is currently trading at Rs. 79.35, up by 0.05 points or 0.06% from its previous closing of Rs. 79.30 on the BSE.

The scrip opened at Rs. 81.30 and has touched a high and low of Rs. 81.30 and Rs. 79.35 respectively. So far 10299 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 100.75 on 20-Jul-2011 and a 52 week low of Rs. 52.25 on 22-Dec-2011.

Last one week high and low of the scrip stood at Rs. 81.30 and Rs. 72.20 respectively. The current market cap of the company is Rs. 796.13 crore.

The promoters holding in the company stood at 49.96% while Institutions and Non-Institutions held 5.96% and 44.08% respectively.

Gulf Oil Corporation has drawn plans for developing its 39.37 acres property at Yelahanka, Bengaluru into an IT/ITES SEZ of 30 acres and the balance 9.37 acres for hospitality, retail malls and hotels/service apartments.

The Ministry of Commerce and Industry, Government of India has vide its notification dated March 14, 2012 notified the company’s project at Bengaluru, admeasuring 12.14 hectares (30 acres approx) situated at Yelahanka as Special Economic Zone (SEZ) for set up of a sector specific information technology and information technology enabling services including Electronic Hardware and Business Process Outsourcing under Special Economic Zones Act, 2005.

Gulf Oil Corporation is engaged in manufacturing industrial explosives, mining products, lubricants, speciality oils and chemicals, active pharma ingredients (bulk drugs) and pharma formulations.

GOCL Corporation Share Price

338.70 15.25 (4.71%)

20-Apr-2026 16:59 View Price Chart

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Gulf Oil Corporation inches up on plan to develop IT/ITES SEZ in Bengaluru

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