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 Plunges 4%; BSE OIL & GAS Index Down 0.3%
Thu, 7 Nov 14:28

GULF OIL LUBRICANTS Plunges 4%; BSE OIL & GAS Index Down 0.3%Image source: ThinkNeo/www.istockphoto.com

GULF OIL LUBRICANTS share price has plunged 4% and is presently trading at Rs 1,212.8.

Meanwhile, the BSE OIL & GAS index is at 27,993.2 (down 0.3%).

Among the top losers in the BSE OIL & GAS index today are ADANI TOTAL GAS (down 1.6%) and Reliance Ind. (down 1.4%).

GUJARAT GAS (up 3.0%) and HPCL (up 1.7%) are among the top gainers today.

Over the last one year, GULF OIL LUBRICANTS has moved up from Rs 608.4 to Rs 1,212.8, registering a gain of Rs 604.5 (up 99.4%).

On the other hand, the BSE OIL & GAS index has moved up from 18,960.3 to 27,993.2, registering a gain of 47.6% during the last 12 months.

The top gainers among the BSE OIL & GAS index stocks during this same period were HPCL (up 128.0%), BPCL (up 72.5%) and GAIL (up 72.1%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,532.8 (down 1.1%).

The top losers among the BSE Sensex today are Tech Mahindra (down 2.6%) and Tata Motors (down 2.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,188.8 (down 1.2%). Hindalco and Trent are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 79,532.8, registering a gain of 14,574.2 points (up 22.4%).

GULF OIL LUBRICANTS Financial Update...

GULF OIL LUBRICANTS net profit grew 12.6% YoY to Rs 829 million for the quarter ended September 2024, compared to a profit of Rs 736 million a year ago. Net sales rose 7.7% to Rs 8,640 million during the period as against Rs 8,023 million in July-September 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 17.9.


Equitymaster requests your view! Post a comment on "GULF OIL LUBRICANTS Plunges 4%; BSE OIL & GAS Index Down 0.3%". Click here!