*Gulf Oil Lubricants India Ltd*
RB Formation on Yearly Basis.
Strong Price BreakOut & Sustained.
Strong Vol Consolidation Continued & BuiltUp.
RSI: 1H>D>W<M. All in Bullish Zone.
EMAs: Widening Gaps amongst 20/ 50/ 100/ 200 levels on Weekly TF.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*_Snapshot:_*
Amongst top lubricant mfg. in India.
31 New product launches with focus on SUV, EVs, Hybrids.
Growing Sales / Profitability on Qrtly / Yrly basis. Margins in Double Digits.
Low leverage, growing TNW. Improving WC Cycle, Assets Turnover.
Improved RoA / ROE / ROCE in FY24 vs. FY23.
Stable Promoter stake. Increasing FII/DII stake.
*_Concerns_*
Pricing power dependent on Crude price movement. Catering to Automotive sector.
*Do your own research as well. This is an Opinion*.
*_Happy Investing_*🤓