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Gulf Oil Lubricants India Ltd.

BSE: 538567 Sector: Industrials
NSE: GULFOILLUB ISIN Code: INE635Q01029
BSE 15:57 | 22 Feb 980.75 -17.60
(-1.76%)
OPEN

1009.65

HIGH

1009.95

LOW

980.00

NSE 15:31 | 22 Feb 985.00 -15.30
(-1.53%)
OPEN

996.20

HIGH

1000.00

LOW

981.15

OPEN 1009.65
PREVIOUS CLOSE 998.35
VOLUME 760
52-Week high 1098.50
52-Week low 675.00
P/E 32.65
Mkt Cap.(Rs cr) 4,874
Buy Price 980.75
Buy Qty 41.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1009.65
CLOSE 998.35
VOLUME 760
52-Week high 1098.50
52-Week low 675.00
P/E 32.65
Mkt Cap.(Rs cr) 4,874
Buy Price 980.75
Buy Qty 41.00
Sell Price 0.00
Sell Qty 0.00

Gulf Oil Lubricants India Ltd. (GULFOILLUB) - Company History

Gulf Oil Lubricants was incorporated as `Hinduja Infrastructure Limited' on July 17th 2008 as a wholly owned subsidiary of GOCL under the Companies Act 1956.The Company was incorporated with the objective of doing property/infrastructure development business. The name of our Company was changed to `Gulf Oil Lubricants India Limited' on September 12 2013.As per the Scheme the Lubricants Undertaking of Gulf Oil Corporation is demerged and transferred to and vested in Gulf Oil Lubricants India Limited on a going concern basis with effect from April 1 2014 (Appointed Date). The equity shares held by GOCL in GOLIL was cancelled as per the Scheme and our Company ceased to be a wholly owned subsidiary of GOCL. Pursuant to allotment of GOLIL shares to the shareholders of GOCL on June 12 2014 GOIMI became the Promoter of the Company.Gulf Oil Lubricants manufactures and trades in a range of lubricants and oils which are used by automobiles as well as by the industrial sector. We are a supplier to several automobile manufacturers in India and our products are approved by several OEM's. We have also diversified into automotive accessories such as automotive filters batteries as well as supplying lubricant handling and dispensing equipment to OEM's and private garages.The Company's manufacturing facility is located at Silvassa and is accredited with both ISO 9001:2008 and ISO 14001:2004 certification. This manufacturing facility employs process logic control systems and ensures that products manufactured meet the necessary levels of quality and consistency. In 2015 Gulf Oil & Schwing Stetter entered into Tie-up to Market Co-Branded Lubricants for India. Gulf Oil Launches 'Ultrasynth X' For Mid-Sized Passenger Cars.