Introduction:
A leading oil stock has partnered with India’s largest private fuel retailer to distribute premium lubricants and AdBlue across 6,500+ fuel stations, enhancing market presence and catering to growing automotive demand along India’s expanding highway infrastructure.
Share Price movement of Gulf Oil Lubricants India :
On December 24, 2024, Gulf Oil Lubricants India opened at ₹1,179.60, up 0.75% from its previous close of ₹1,170.85. The stock reached a high of ₹1,232.00 and a low of ₹1,176.60. By 12:33 PM, it traded at ₹1,204.25, a 3.5% increase, with a market cap of ₹5,929.82 crore.
Gulf Oil Lubricants India share price rise:
Gulf Oil Lubricants India Ltd has partnered with Nayara Energy, India’s largest private fuel retailer, to offer premium automotive lubricants and AdBlue across 6,500+ fuel stations nationwide. This strategic alliance strengthens Gulf Oil’s presence, leveraging Nayara Energy’s extensive network to expand its reach in the growing automotive market.
Under this partnership, Gulf Oil’s AdBlue, a premium diesel exhaust fluid, will be exclusively retailed through Nayara’s outlets alongside lubricants for two-wheelers, passenger cars, and commercial vehicles. The collaboration also introduces specialized two-wheeler batteries, aiming to cater to the increasing demand along India’s expanding highway infrastructure.
With over a century of legacy, Gulf Oil operates in 100+ countries, supported by advanced R&D and manufacturing facilities in India. Known for quality and innovation, Gulf serves 40+ OEMs and maintains a strong distribution network with 80,000+ touchpoints and 10,000+ service stops worldwide.
Recent news About Gulf Oil Lubricants India :
On December 18, 2024, Gulf Oil Lubricants’ shares rose 4.31% to ₹794.70 on NSE after renewing their partnership with Piaggio Vehicles for two-wheeler lubricants, boosting investor confidence.
Stock performance of Gulf Oil Lubricants India for Period of 1 week, 6 months and 1 year:
Gulf Oil Lubricants India experienced a 0.64% decrease over the past week. Over the last six months, the stock showed modest growth of 1.42%. However, looking at the one-year period, it significantly outperformed with a 64.6% increase in value.
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Shareholding pattern of Gulf Oil Lubricants India :
| All values in % | Sep-24 | Jun-24 | Mar-24 |
| Promoters | 67.22 | 71.76 | 71.8 |
| FII | 7.07 | 5.65 | 7.08 |
| DII | 9.55 | 5.87 | 5.02 |
| Retail & others | 16.15 | 16.72 | 16.1 |
About Gulf Oil Lubricants India :
Gulf Oil Lubricants India Ltd, part of the Hinduja Group, is a leading lubricant manufacturer in India, offering products for automotive and industrial applications. Known for high-quality lubricants, the company serves both domestic and international markets with innovative and reliable solutions.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.
