Neat & Clean Breakout seen after 7 Years in Gulf Oil Lubricants.Hello Everyone i hope you all will be doing good in your Trading and your life as well. I have brought a stock which has given a long consolidation period breakout with huge volume spike on chart. Stock name is Gulf Oil Lubricants Ltd , and it is engaged in the business of manufacturing, marketing and trading of automotive and non-automotive lubricants. It is among the top three lubricant companies in India among private players.
Distribution Network
The company's distribution network is spread across 80,000+ touchpoints, 300+ auto distributors, ~1,000 Gulf rural stockists, ~70 Industrial distributors, ~7,600 Gulf bike stops, ~2,600 Gulf car stops, 30+ Depots, ~12,500 Retail touchpoints for Battery and ~430 Battery service points. It has 500+ B2B Customers and 750+ infra-mining fleet customers.
Market Position
The Co is the second biggest brand in India and among the top 3 players among private sector players in the Indian Lubricant industry. It also commands a Top 5 share in the 2-wheeler battery replacement segment.
Technical Terms
Stock is Trading Above 200-DEMA
MACD is giving Bullish crossover (Note:- I have not placed on chart but i have done analysis)
Good Volume spike seen on Breakout.
This is one of the best stock to hold for long term. Company has been maintaining a healthy dividend payout of 40.7%. Company's working capital requirements have reduced from 68.7 days to 54.6 days. Short term to Medium Term Targets i have already Placed on chart. In long Term stock has potential to give more than 1000% returns if someone hold this 8-10 years from here.
Market Cap
₹ 6,081 Cr.
Current Price
₹ 1,236
High / Low
₹ 1,349 / 521
Stock P/E
18.6
Book Value
₹ 263
Dividend Yield
2.91 %
ROCE
27.4 %
ROE
24.9 %
Face Value
₹ 2.00
Industry PE
41.9
Debt
₹ 358 Cr.
EPS
₹ 66.7
Promoter holding
71.8 %
Intrinsic Value
₹ 897
Pledged percentage
0.00 %
EVEBITDA
11.2
Change in Prom Hold
-0.04 %
Profit Var 5Yrs
11.6 %
Sales growth 5Years
14.0 %
Return over 5years
8.02 %
Debt to equity
0.28
Net profit
₹ 328 Cr.
ROE 5Yr
24.0 %
Profit growth
33.7 %
Earnings yield
8.12 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Thankyou.
