ICICI Direct's research report on Gulf Oil Lubricants
Gulf Oil Lubricants is one of the leading private companies in the domestic lubricants business. The company reported volume growth at ~10% CAGR in FY17-22 • Total capacity of the company is 140 million litre.
Outlook
We maintain our HOLD rating on the stock. We value Gulf Oil Lubricants at Rs 440/ share i.e. 6.6x FY24E EPS.
For all recommendations report, click here
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
