Gulf oil corporation ltd, a stock for investors

 

Overview on the company profile and personal view on the company growth:

 Gulf Oil Corporation is one of the leading companies in the world from the international group of Hinduja. The company has business of energetic, mining & infrastructure services. Company has very vast business of lubricants and industrial explosives. Idl industries ltd was renamed as gulf oil corporation ltd.

Gulf oil lubricants india ltd manufactures, sells and trades in lubricants and oils employed in the automotive and industrial industries. The corporate is owned by the hinduja group, which owns businesses in various sectors on many continents. The corporate provides products for all kinds of vehicles available to individual customers and institutions within the automotive, agricultural, industrial, construction and marine sectors. The corporate exports a number of its products, however, most of its revenue comes from sales within India. Gocl Corporation limited is found in Hyderabad, Telangana, India and is an element of the petroleum & coal products manufacturing industry. Gocl corporation limited encompasses a total of 224 employees altogether of its facilities and generates $ 69.23 million in sales (usd). There are 164 companies within the corporate family of Gocl corporation limited.

The energetic division is performing well with its technical services of industrial explosives, detonators, explosive bonded metals clads, special devices for the defense as well as for space applications.

The mining & infrastructure business does include the mining services in coal, iron ore, limestone, railways, highway & industrial buildings etc. The lubricant business is also performing very well for the company with the well known brand of gulf oil. The company financials are also giving support and company keeps reserves of for than 200cr.

The promising share holding pattern of more than 70 % and cash on books is forcing me to publish this company for my blog readers. i feel that company has very strong management and brand value of the company is on higher side. I am giving some targets for short to medium term point of view but if one can add this stock for the long term then it may become multibagger stock in coming years. we may see merger or demerger on this group of companies in coming months. this business group has very good reputation at the world level even this company has more cash on its books.

Lubricant business of this company has very good presence in the market even in the rural market, as demand of the motor cars and bikes are increasing in the rural and urban areas the demand of lubricant business will increase in coming days. Service for the scooter and bikes is always required so this company product will be more in the demand due to its brand value. The market cap of this company is also very good. in the coming months if company do de merger of chemical business then it will increase the value of the company and company may focus on the one segment.

 Buy gulf oil corporation @90rs to 96rs price range.

Short term target 112rs, 114rs, 118rs, 120rs, hold

With stop loss 88rs

Medium term target 145rs, 155rs, 180rs plus

Long term targets: multibagger stock idea

Disclaimer: kindly do your own research before making any investment. My view may differ from others. The company profile data may have collected from the company website but the view on the company is personal.