GULF Oil Lubricant analyasis on 31 Mar 24
Fundamentally Analyasis
promoter holing 71.94%
FII holding 4.98 %
less debt than reserve
debt 71 cr
Reserve 420 cr
stock PE is less than industry PE
Overall all time PE 22.4
Stock PE 16.19
Industry PE 30.42
Technical analysis
Formation of Cup an Handle Pattern
add some quantity now
breakout after Mar 2020 @ 800
try to...
GULOILLUB is doing well fundamentally. Good consistent revenue and profit growth. EPS is raising too. All this is reflecting in its price movement and higher volumes. It will cross its all time high of 1,100 soon, I believe.
Stock at CMP 696.50
PE is 12.8 vs industry PE of 32.6
Intrinsic value is 1389.
It seem to be undervalued
Technically chart has made a cup & handle pattern and given a breakout on weekly chart. Recently the Volume is very High.
This is for Educational purpose.
Gulf Oil Lubricants India Ltd - CMP: 464
Technically:
Falling Channel Pattern
Consolidating in a zone for some months now
Ideal time to accumulate for long term
Target 1: 558
Target 2: 673
Target 3: 838
Stop Loss: 375
Fundamentally:
Strong Promotor Holding
The Co has bought back its 14,16,667 equity shares at Rs 600 per equity share in cash on Feb'22
Consistency...
This is 2 years old Year Breakout
Keep a watch coming days on how the price moves. A strong day closing above 755 will be a good sign.
This idea is for Educational Purpose Only.
Learn & Earn,
LETS GROW TOGETHER
Faisal Merchant
I am not SEBI registered and all Ideas posted by me are for Educational Purpose.
#GULFOILLUB
CMP ₹. 684/-
An undervalued stock with promoter holdings more than 70% . Low debt company with zero promoter pledge. ROCE & ROE improving. Sales & profit increasing YoY with positive cash flow and also company is providing a healthy dividend payout. Eventhough there is a little bit decrease in the promoter holdings , FIIs are increasing their stake....
BUY GULFOILLUB PRICE @ CMP 659.60 67% ROI EXPECTED
Buy1 cmp entry @659.60
Target 1 @ 1100.00
ROI 1 @ 67%
Buy2 Pending entry @ 492.60
Target 2 @ 1100.00
ROI 2 @ 121%
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Stock was in S1, gave a BO and entered into S2.
Formed 1st base in S2 and a C&H Pattern with volume dry up and BO with Volume
RS Line making 52WH
Macd CrossOver
EMA Rule some wat in place caseu stock open price is just above 8%.
Gulf Oil Lubrication gives trendline breakout on weekly timeframe and consolidate in small range. stock continuously give resistance from trendline now gives breakout with high volume. stock have potential to give good return in upcoming days. Current Price = 619 1st Target = 700 2nd Target = 850 3rd Target = 1000 Stop Loss = 600 (closing basis) ...
Gulf Oil Lubricants gives breakout after six years with high volume on daily timeframe. stock continuously gives rejection from trendline and now breaks trendline and consolidate. stock have good potential to give good return in coming days. Current Price = 619.40 1st Target = 680 2nd Target = 735 3rd Target = 850 Stop Loss = 600 (Closing Basis). ...
A Weekly Bullish Cup & Handle pattern is visible on the charts of NSE:GULFOILLUB
Cup & Handle pattern is a bullish pattern and it is visible on the charts after a meaningful consolidation in the weekly charts of NSE:GULFOILLUB
MACD gave positive crossover on daily, weekly and monthly time frame.
Levels will be posted after the successful breakout.
this...
