News and Views
Recent Price Movement and Market Performance
On 24 November, Gulf Oil Lubricants’ stock price declined by ₹20.35, representing a 1.73% decrease. This movement is part of a broader short-term downtrend, with the stock having fallen by 4.04% over the past week and 5.51% in the last month. These figures contrast sharply with the benchmark Sensex, which remained nearly flat over the week and gained 0.82% during the month. Year-to-date, the stock is down 4.98%, while the Sensex has appreciated by 8.65% over the same period.
The stock’s recent underperformance is further highlighted by its two consecutive days of losses, amounting to a 2.08% decline. Intraday, the share price touched a low of ₹1,150, down 2.16% from the previous close. Additionally, Gulf Oil Lubricants is tr...
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