The company has announced an interim dividend of Rs 20 per equity share for the current financial year. The record date to determine the eligibility of the shareholders set to receive the payment has been set at February 14.
We are not interested in doing just any project. Heritage, iconic nature of the project or building, something different, not just create another 30-storey building or 40-storey building and rebrand it, says Sanjay Hinduja
About 2023 shares advanced, 1475 shares declined, and 138 shares were unchanged.
According to the company's management, the revenue growth has been even higher due to a better product mix being sold with enhanced focus on personal mobility and the premium synthetic segment
The net revenue during the quarter under review rose 34.86 percent to Rs 719.50 crore compared to Rs 533.52 crore in the second quarter of the previous fiscal.
The lubes maker had posted a PAT of Rs 30.35 crore in the quarter ended on June 30, 2021.
Oil lubricant companies’ shares underperformed the broader market in the last few months as India's EV story picked up, driving the fear that lubricant companies could be on the losing side. Watch the video to find out whether you should invest.
Gulf Oil has multiple interaction points to the potentially rising EV-driven demand. The company has a product line-up of EV fluids and acquired two EV technology companies
Castrol and Gulf Oil have underperformed the markets, with recovery picking up momentum, there is a good upside in both the stocks
Castrol India dominates the private side of the fragmented lubricant market, with around 11-12 per cent market share
Gulf Oil's majority of the volume comes from the automotive segment, and with the recovery in vehicle sales, its future looks bright
The company had posted a net profit of Rs 61.98 crore in Q2FY20, according to a Gulf Oil release on Saturday.
"We majorly expect some reforms to boost the auto sector as it has seen a significant slowdown. We hope to see measures aimed at increasing liquidity in the hands of consumers (including possible personal income tax benefits) which can stimulate spending in this sector.
In an interview to CNBC-TV18, Ravi Chawla, MD of Gulf Oil Lubricants India spoke about the results and his outlook for the company.
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The India-born brothers G P Hinduja and S P Hinduja topped the 'Asian Rich List 2016' released here last night and the annual rankings showed that they had added one billion pounds to their personal fortune in a year to be worth an estimated 16.5 billion pounds.
Stocks in news: Ranbaxy | Suzlon Energy | Wockhardt | Nitesh Estates | Arvind | Sequent Scientific | ICICI Bank | Gulf Oil | Mastek | KNR Constructions and Nectar Life are stocks, which are in news today.
The US dollar`s rally in recent sessions has had little impact on the currencies of Gulf countries, compared to other major oil-producing nations.
With markets sensing OPEC will keep its production unchanged despite huge global oversupply, the price of benchmark Brent crude oil fell USD 2 to a 50-month low under USD 76 a barrel.
The report points out that the shale boom could impact the oil price in an extreme medium- to long-term extreme scenario. Under this scenario, shale oil supplies increase substantially from the US and sufficient infrastructure would be in place to render shale oil exports competitive with GCC oil exports
Global business conglomerate Hinduja group is planning to significantly expand presence in Africa in areas ranging from transport, infrastructure and coal, and would look to partner governments of various African countries for its new businesses in the region.
The Hinduja group has done some christmas shopping for a whopping 1 billion dollars. Gulf oil which is owned by the Hinduja group, has acquired US based Houghton International. This will make them the ninth largest in the lubricant space, reports CNBC-TV18‘s Sajeet Manghat.
Hinduja Group firm Gulf Oil said it has completed its acquisition of US-based Houghton International for USD 1.045 billion (about over Rs 5,747 crore) after conclusion of necessary regulatory approvals.
The recently concluded three-day conference Auto Serve 2012 has generated business enquiries worth Rs 125 crore, organisers CII said today.
AstraZeneca Pharma | TD Power Systems | Hubtown | Ind-Swift | Hanung Toys | NMDC | Kingfisher | OnMobile | Mangalore Chemicals | Gulf Oil Corporation | Tata Motors | Dr Reddy's Labs | DB Corp | NALCO and M&M Financial are stocks, which are in the news today.