Gulf Oil Lubricants India Ltd.

25 มิ.ย.

*Gulf Oil Lubricants India Ltd*

RB Formation on Yearly Basis.
Strong Price BreakOut & Sustained.
Strong Vol Consolidation Continued & BuiltUp.

RSI: 1H>D>W<M. All in Bullish Zone.
EMAs: Widening Gaps amongst 20/ 50/ 100/ 200 levels on Weekly TF.

*Trail SL with Upside*
*Book Profit as per Risk Appetite*

*_Snapshot:_*
Amongst top lubricant mfg. in India.
31 New product launches with focus on SUV, EVs, Hybrids.
Growing Sales / Profitability on Qrtly / Yrly basis. Margins in Double Digits.
Low leverage, growing TNW. Improving WC Cycle, Assets Turnover.
Improved RoA / ROE / ROCE in FY24 vs. FY23.
Stable Promoter stake. Increasing FII/DII stake.

*_Concerns_*
Pricing power dependent on Crude price movement. Catering to Automotive sector.

*Do your own research as well. This is an Opinion*.
*_Happy Investing_*🤓