Gulf Oil Lubricants partners with Switch Mobility -; Piaggio; stock marginally up

30 Sep 2022 , 02:23 PM

Gulf Oil Lubricants India Limited announced its exclusive collaboration with Piaggio Vehicles and Switch Mobility for a specific line of electric vehicle (EV) fluids.

The Hinduja Group venture will officially sell EV fluids to two EV manufacturers for their vehicles as part of the agreement.

Gulf Oil Lubricants India is a well-known participant in the Indian lubricants industry, serving all main applications. It serves a variety of businesses in the automotive, industrial, and construction industries, and its products are certified by all major original equipment manufacturers (OEMs).

At around 2.25 PM, Gulf Oil Lubricants India was trading at Rs431 up by 0.43% from its previous closing of Rs429.15 on the BSE. The scrip touched intraday high and low of Rs443.60 and Rs430 respectively.

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