Gulf Oil Corporation is currently trading at Rs. 84.40, up by 4.20 points or 5.24% from its previous closing of Rs. 80.20 on the BSE.
The scrip opened at Rs. 80.50 and has touched a high and low of Rs. 87.70 and Rs. 80.40 respectively. So far 173908 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 100.75 on 20-Jul-2011 and a 52 week low of Rs. 52.25 on 22-Dec-2011.
Last one week high and low of the scrip stood at Rs. 87.70 and Rs. 77.25 respectively. The current market cap of the company is Rs. 801.09 crore.
The promoters holding in the company stood at 49.96% while Institutions and Non-Institutions held 5.97% and 44.06% respectively.
Gulf Oil Corporation, the Hinduja group Company, is developing project at a land at Yelahanka, suburb of Bangalore in state of Karnataka, which is spread over 39.67 acres. Designed by renowned Architects-RSP of Singapore, the project will consist of a total of 8 million square feet out of which revenue area is 3.82 million square feet of IT SEZ and 1.23 million square feet of non-SEZ space encompassing a hotel, service apartments, a retail mall and commercial offices.
The project is being developed at a total cost of Rs 1,800 crore on a Joint Development basis with Hinduja Realty Ventures, who are responsible for all architectural scheme design, project funding, permissions, approvals, construction and development, marketing/ leasing and eventual maintenance of the entire complex. Further, the company has also performed Bhoomi Puja for its IT/ITES park project at Bangalore.
Gulf Oil Corporation is engaged in manufacturing industrial explosives, mining products, lubricants, speciality oils and chemicals, active pharma ingredients (bulk drugs) and pharma formulations.
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