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Gulf Oil Lubricants India Q3 Review - Systematix Maintains 'Buy' On The Stock, Hikes Target Price — Here's Why
Systematix remains positive on strengthening brand image, better than expected industry growth, and the long term growth opportunities with EV.
10 Feb 2025, 08:54 AM IST 
Gulf Oil Lubricants reported a highest-ever revenue and Ebitda owing to strong volume growth of 11% YoY to 74.5 million litres.
(Photo source: Gulf Oil Lubricants Website).
Gulf Oil Lubricants reported AdBlue will continue its double digit growth for next couple of years. They even declared an interim dividend of Rs 20/share versus Rs 16 last year.
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