Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

GULF OIL LUBRICANTS Gains 5%; BSE OIL & GAS Index Down 0.6%
Tue, 25 Jun 11:33

GULF OIL LUBRICANTS Gains 5%; BSE OIL & GAS Index Down 0.6%Image source: Eoneren/www.istockphoto.com

GULF OIL LUBRICANTS share price has zoomed 5% and is presently trading at Rs 1,090.3.

Meanwhile, the BSE OIL & GAS index is at 28,571.5 (down 0.6%).

Among the top gainers in the BSE OIL & GAS index today are GUJARAT GAS (up 1.1%) and Indraprastha Gas (up 0.5%).

BPCL (down 1.4%) and ONGC (down 1.1%) are among the top losers today.

Over the last one year, GULF OIL LUBRICANTS has moved up from Rs 459.4 to Rs 1,090.3, registering a gain of Rs 630.9 (up 137.3%).

On the other hand, the BSE OIL & GAS index has moved up from 18,362.7 to 28,571.5, registering a gain of 55.6% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were GAIL (up 99.0%), HPCL (up 82.8%) and IOC (up 79.4%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 77,529.5 (up 0.2%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 1.6%) and Axis Bank (up 1.5%). The most traded stocks in the BSE Sensex are ICICI Bank and HDFC Bank.

In the meantime, NSE Nifty is at 23,573.3 (up 0.2%). Axis Bank and Ultratech Cement are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,523.2 to 77,529.5, registering a gain of 14,006.4 points (up 22.0%).

GULF OIL LUBRICANTS Financial Update...

GULF OIL LUBRICANTS net profit grew 39.7% YoY to Rs 869 million for the quarter ended March 2024, compared to a profit of Rs 622 million a year ago. Net sales rose 9.8% to Rs 8,696 million during the period as against Rs 7,921 million in January-March 2023.

For the year ended March 2023, GULF OIL LUBRICANTS reported 10.1% increase in net profit to Rs 2,323 million compared to net profit of Rs 2,111 million during FY22. Revenue of the company grew 36.8% to Rs 29,991 million during FY23.

The current Price to earnings ratio of GULF OIL LUBRICANTS, based on rolling 12 month earnings, stands at 17.4.


Equitymaster requests your view! Post a comment on "GULF OIL LUBRICANTS Gains 5%; BSE OIL & GAS Index Down 0.6%". Click here!