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 6%; BSE OIL & GAS Index Up 1.8%
Wed, 6 Nov 11:43

GULF OIL LUBRICANTS Gains 6%; BSE OIL & GAS Index Up 1.8%Image source: peterschreiber.media/www.istockphoto.com

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

What About the Benchmark Indices?

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 Financial Update...

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!