Gulf Oil Lubricants India Ltd
GULFOILLUB

713.90

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Turnover (lac)
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Day's Vol.(shares)

718.00

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Buy
Reco. Price
Rs 734.90

Last updated on 21-Nov-2016

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 28.2x in FY17E. (Target Price: Rs.854)
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50 DMA (.)
730.23
100 DMA (.)
695.23
200 DMA (.)
607.17
Weekly Range (.)
657.00
759.90
Monthly Range (.)
639.70
760.00
52 Weeks Range (.)
447.40
891.80
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