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Gulf Oil Lubricants falls despite reporting 17% rise in Q1 net profit

08 Aug 2018 Evaluate

Gulf Oil Lubricants India is currently trading at Rs. 873.50, down by 4.45 points or 0.51 % from its previous closing of Rs. 877.95 on the BSE.

The scrip opened at Rs. 891.80 and has touched a high and low of Rs. 892.00 and Rs. 872.40 respectively. So far 1879 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1098.50 on 01-Dec-2017 and a 52 week low of Rs. 753.00 on 18-Oct-2017.

Last one week high and low of the scrip stood at Rs. 905.00 and Rs. 848.40 respectively. The current market cap of the company is Rs. 4361.17 crore.

The promoters holding in the company stood at 72.88%, while Institutions and Non-Institutions held 14.35% and 12.77% respectively.

Gulf Oil Lubricants has reported 17.03% rise in its net profit at Rs 40.13 crore for the quarter ended June 30, 2018, as compared to Rs 34.29 crore for the same quarter in the previous year. Total income of the company increased by 18.79% at Rs 397.00 crore for Q1FY19 as compared Rs 334.19 crore for the corresponding quarter previous year.

Gulf Oil Lubricants, part of Hinduja Group, is an established player in Indian lubricant market. It markets a wide range of automotive and industrial lubricants, greases, 2-wheeler batteries, etc.

Gulf Oil Lubricant Share Price

971.55 21.00 (2.21%)
17-Apr-2026 16:59 View Price Chart
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