1300.8000 -12.30 (-0.94%)
NSE Sep 12, 2025 15:31 PM
Volume: 65,595
 

1300.80
-0.94%

Gulf Oil Lubric

Dolat Capital
GOLIL delivered a strong volume growth of 10% for the quarter and we expect this trend to continue. Gross margin expansion on a sequential basis was as expected and we believe that gross margins should not expand from these levels for FY18. GOLIL is confident of delivering at least 2x 3x volume growth as compared to the industry. This growth would be driven by the new product launches, expansion of distribution channels and focus on gaining more OEM tie-ups. Improvement in the working capital cycle further improves the balance...
Gulf Oil Lubricants .. has an average target of 1591.00 from 4 brokers.
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