Recommendation: Reduce; Target price: Rs 218
With more than 350 grades of greases, specialty products, and lubricants, the nearly 50-year-old company is one of the major participants in the domestic market.
Recommendation: Buy; Target price: Rs 720
During the reporting quarter, revenue from operations climbed 7% year on year to Rs 1,828 crore.
Compared to Rs 5,202.6 crore in September FY23, the company's revenue dropped by 1.5% to Rs 5,125.3 crore in the September quarter.
The company announced that it intends to purchase Pargro, a non-banking financial corporation (NBFC) owned by the promoter group.
Recommendation: Add; Target price: Rs 405
Petrol and Diesel prices in cities across India on 09-11-2023
Spot gold was up 0.2% at $1,953.74 an ounce, having hit its lowest level since Wednesday, October 19. US gold futures increased by 0.1% to $1,959.10.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016, BSE Enlistment Number (RA): 5016
ARN NO : 47791 (AMFI Registered Mutual Fund & Specialized Investment Fund Distributor), PFRDA Reg. No. PoP 20092018
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
