{
Gulf Oil Lubricants India Limited

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Gulf Oil Lubricants Target Price Set at Rs 1800 by Emkay Global

Emkay Global Financial maintains a "BUY" rating on Gulf Oil Lubricants, setting a target price of Rs 1,800. The company is expected to achieve an 8% core volume CAGR from FY24-27, supported by a strong EBITDA margin of 13-14%, driven by premiumization and strategic marketing initiatives. Gulf Oil's expansion into EV charging aims to significantly boost revenue, with a target of Rs 5-7 billion annually over the next five years.
Moneycontrol
Gulf Oil Lubricants India Limited IND
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09:07 27.11.2024
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