Broker’s call: Gulf Oil (Buy)
Target: ₹1,800 CMP: ₹1,098.70 We reiterate our positive stance on Gulf Oil Lubricants India Ltd (GOLI), led by steady core volume growth (8 per cent core volume CAGR over FY24-27E, over 2x of industry growth), and a 13-14 per cent EBITDA margin profile …