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Gulf Oil Lubricants gains on partnering with Pitstop

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

19 Feb 2020 Evaluate

Gulf Oil Lubricants is currently trading at Rs. 745.00, up by 1.95 points or 0.26% from its previous closing of Rs. 743.05 on the BSE.

The scrip opened at Rs. 747.25 and has touched a high and low of Rs. 747.25 and Rs. 742.10 respectively. So far 40 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 909.00 on 06-Jun-2019 and a 52 week low of Rs. 674.90 on 29-Jul-2019.

Last one week high and low of the scrip stood at Rs. 800.00 and Rs. 742.10 respectively. The current market cap of the company is Rs. 3730.37 crore.

The promoters holding in the company stood at 72.29%, while Institutions and Non-Institutions held 17.14% and 10.57% respectively.

Gulf Oil Lubricants and doorstep car service & repair services provider Pitstop have signed a strategic partnership for offering the facility in Mumbai, Pune and Gurugram.

After a successful pilot in Bangalore, the facility is being extended to other cities, intended to cater to the growing demand for such services.

Under the partnership, over 1,500 service fleet is planned to be deployed over the next year in these cities to ensure the last mile service under the entrepreneurship model to unlock new business potential for the mechanics in each city. With this service, the brands aim to cater to housing societies, hotels, hospitals, malls and industries at their doorstep with one tap on a mobile app called Pitstop.

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

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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Gulf Oil Lubricants gains on partnering with Pitstop

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