Gulf Oil Lubricants India's Stock Reaches 52-Week High, Receives 'Strong Buy' Rating

Jan 20 2024 04:25 PM IST
share
Share Via
Gulf Oil Lubricants India's stock price has reached a 52-week high, reflecting the company's strong performance and growth potential. It has been given a 'Strong Buy' rating by MarketsMojo and is currently trading higher than its moving averages. With a high dividend yield and outperforming the Sensex, it is a promising smallcap company in the lubricants industry.
Gulf Oil Lubricants India's Stock Reaches 52-Week High, Receives 'Strong Buy' Rating

Gulf Oil Lubricants India, a leading player in the lubricants industry, has recently reached a new milestone as its stock price touched a 52-week high on January 20, 2024. This is a positive sign for the company and its investors, as it reflects the strong performance and growth potential of the company.

According to MarketsMOJO, a leading stock analysis platform, Gulf Oil Lubricants India's stock has been given a 'Strong Buy' rating. The company's stock has also been included in the MOJO Stocks list on MarketsMOJO since December 26, 2023.

The stock is currently trading at a price that is 3.64% away from its 52-week high of Rs 775. Despite underperforming the sector by -2.69% today, the stock has been on an upward trend, with 9 consecutive days of gains before a recent dip. However, it is still trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance.

Investors can also benefit from a high dividend yield of 3.28% at the current price. This is a good opportunity for those looking for stable returns on their investment.

In the past year, Gulf Oil Lubricants India has outperformed the Sensex, with a 80.44% growth compared to the Sensex's 17.36% performance. This further highlights the company's strong performance and potential for growth in the lubricants industry.

With its consistent performance and positive outlook, Gulf Oil Lubricants India is a promising smallcap company to watch out for in the lubricants industry.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News