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 Up 0.4%
Tue, 2 Jul 15:10

GULF OIL LUBRICANTS Gains 5%; BSE OIL & GAS Index Up 0.4%Image source: StarLineArts/www.istockphoto.com

GULF OIL LUBRICANTS share price has zoomed 5% and is presently trading at Rs 1,311.2.

Meanwhile, the BSE OIL & GAS index is at 29,655.5 (up 0.4%).

Among the top gainers in the BSE OIL & GAS index today are ADANI TOTAL GAS (up 2.4%) and GUJARAT GAS (up 1.2%).

Indraprastha Gas (down 1.0%) and HPCL (down 0.8%) are among the top losers today.

Over the last one year, GULF OIL LUBRICANTS has moved up from Rs 465.3 to Rs 1,311.2, registering a gain of Rs 845.9 (up 181.8%).

On the other hand, the BSE OIL & GAS index has moved up from 18,084.9 to 29,655.5, registering a gain of 64.0% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were GAIL (up 113.4%), IOC (up 86.1%) and HPCL (up 83.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,448.3 .

The top losers among the BSE Sensex today are Bharti Airtel (down 2.3%) and Kotak Bank (down 2.1%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,124.8 (down 0.1%). Shriram Transport and Bharti Airtel are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,915.4 to 79,448.3, registering a gain of 15,532.9 points (up 24.3%).

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 20.9.


Equitymaster requests your view! Post a comment on "GULF OIL LUBRICANTS Gains 5%; BSE OIL & GAS Index Up 0.4%". Click here!