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Gulf Oil Lubricants slips despite reporting 15% rise in Q4 net profit
May-16-2019

Gulf Oil Lubricants India is currently trading at Rs. 824.75, down by 0.80 points or 0.10% from its previous closing of Rs. 825.55 on the BSE.

The scrip opened at Rs. 830.00 and has touched a high and low of Rs. 830.00 and Rs. 815.00 respectively. So far 84 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 939.80 on 18-May-2018 and a 52 week low of Rs. 618.00 on 31-Oct-2018.

Last one week high and low of the scrip stood at Rs. 849.00 and Rs. 805.00 respectively. The current market cap of the company is Rs. 4107.03 crore.

The promoters holding in the company stood at 72.73%, while Institutions and Non-Institutions held 14.86% and 12.40% respectively.

Gulf Oil Lubricants has reported a rise of 15.01% in its net profit at Rs 47.57 crore for the quarter ended March 31, 2019 as compared to Rs 41.36 crore for the same quarter in the previous year. Total income of the company increased by 16.98% at Rs 444.98 crore for quarter under review as compared to Rs 380.39 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a rise of 12.12% in its net profit at Rs 177.78 crore as compared to Rs 158.56 crore for the previous year. Total income of company increased 23.55% at Rs 1,735.36 crore for year under review as compared to Rs 1,404.54 crore for year ended March 31, 2018.


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