Gulf Oil Lubricants India Ltd
GULFOILLUB

744.00

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734.95

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Buy
Reco. Price
Rs 716.05
We recommend BUY on the stock on account of lower raw material costs and expected increase in automobile sales. Company’s efforts to increase its market share will be the driving factor for its growth. We target stock to trade at P/E of 26.87x in FY17E. (Target Price: Rs.815)
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50 DMA (.)
667.54
100 DMA (.)
696.22
200 DMA (.)
656.50
Weekly Range (.)
688.25
745.00
Monthly Range (.)
644.00
745.00
52 Weeks Range (.)
447.40
891.80
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