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%).
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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 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.
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