GULF OIL LUBRICANTS share price has zoomed 6% and is presently trading at Rs 1,254.2.
Meanwhile, the BSE OIL & GAS index is at 27,783.3 (up 1.8%).
Among the top gainers in the BSE OIL & GAS index today are GAIL (up 6.0%) and HPCL (up 3.7%).
ONGC (down 0.3%) and Reliance Ind. (down 0.1%) are among the top losers today.
Over the last one year, GULF OIL LUBRICANTS has moved up from Rs 608.4 to Rs 1,254.2, registering a gain of Rs 645.9 (up 106.2%).
On the other hand, the BSE OIL & GAS index has moved up from 18,960.3 to 27,783.3, registering a gain of 46.5% during the last 12 months.
The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 122.5%), BPCL (up 71.9%) and GAIL (up 68.8%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 80,031.2 (up 0.7%).
The top gainers among the BSE Sensex today are HCl Tech. (up 3.6%) and TCS (up 3.5%). The most traded stocks in the BSE Sensex are ITC and Infosys.
In the meantime, NSE Nifty is at 24,381.8 (up 0.7%). TCS and HCl Tech. are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 80,031.2, registering a gain of 15,072.5 points (up 23.2%).
GULF OIL LUBRICANTS net profit grew 23.7% YoY to Rs 845 million for the quarter ended June 2024, compared to a profit of Rs 683 million a year ago. Net sales rose 10.1% to Rs 8,940 million during the period as against Rs 8,117 million in April-June 2023.
For the year ended March 2024, GULF OIL LUBRICANTS reported 32.6% increase in net profit to Rs 3,080 million compared to net profit of Rs 2,323 million during FY23. Revenue of the company grew 10.1% to Rs 33,012 million during FY24.
The current Price to earnings ratio of GULF OIL LUBRICANTS, based on rolling 12 month earnings, stands at 19.0.
Equitymaster requests your view! Post a comment on "GULF OIL LUBRICANTS Gains 6%; BSE OIL & GAS Index Up 1.8%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!