Gulf Oil extends partnership with Mahindra & Mahindra

Gulf Oil Lubricants India Ltd. | Lubricants | Automobiles | BSE: 538567 | NSE: GULFOILLUB

22 Oct 2019 Evaluate

Gulf Oil Lubricants India (Gulf Oil) has extended its partnership with Mahindra & Mahindra (M&M) for its Swaraj Tractors Division till March 2022. The pact between the two companies has been extended to co-branding and exclusive manufacturing of engine oils for the Mahindra group's Swaraj tractor range.

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.

Peers

Company Name	CMP
Savita Oil Tech.	698.50
Gandhar Oil Refinery	262.20
Gulf Oil Lubricants	1110.05
Panama Petrochem	467.40
Veedol Corporation	1366.00
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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