Gulf oil demerger

Gulf Oil Corporation India Ltd (GOCL), which de-merged the lubricants division into a separate entity Gulf Oil Lubricant India Ltd (GOLIL), were listed on BSE and NSE today

The companyas lubricant business will be listing in a month. It has been ramping up capacity Expects over Rs 1,000 crore sales per year from this segment. As per Mr. Subhash Pramanik, Managing Director

Any views on the above

:

Gulf Oil Corporation

Price:

147

P/E: 25.00

BOOK VALUE (Rs):117.28
EPS (TTM):5.88
PRICE/BOOK:1.25

Gulf Oil Corporation India Ltd (GOCL), which de-merged the lubricants division into a separate entity Gulf Oil Lubricant India Ltd (GOLIL), were listed on BSE and NSE today.

Read more at: http://www.moneycontrol.com/news/business/lubricant-business-to-get-listeda-month-gulf-oil_1112513.html?utm_source=ref_article

Gulf Oil Corporation India Ltd (GOCL), which de-merged the lubricants division into a separate entity Gulf Oil Lubricant India Ltd (GOLIL), were listed on BSE and NSE today.

Read more at: http://www.moneycontrol.com/news/business/lubricant-business-to-get-listeda-month-gulf-oil_1112513.html?utm_source=ref_article

Gulf Oil Corporation India Ltd (GOCL), which de-merged the lubricants division into a separate entity Gulf Oil Lubricant India Ltd (GOLIL), were listed on BSE and NSE today.

Read more at: http://www.moneycontrol.com/news/business/lubricant-business-to-get-listeda-month-gulf-oil_1112513.html?utm_source=ref_article