BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
HDFC Securities Report
Gulf Oil Lubricants India Ltd. reported encouraging volume growth of 7% YoY in Q2 FY21, as it benefitted from pent-up demand.
The share of high-margin personal mobility increased to 24% (from 20% in Q1 FY21) as volumes recovered, resulting in a multi-quarter high Ebitda margin of 19%.
Further, the company has collaborated with a renowned Korean company ‘S-Oil’ to expand its presence in the personal car segment.
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