Mumbai, May 7 (Udaipur Kiran): GP Petroleums is currently trading at Rs. 33.83, up by 0.66 points or 1.99% from its previous closing of Rs. 33.17 on the BSE.
The scrip opened at Rs. 33.83 and has touched a high and low of Rs. 33.83 and Rs. 33.44 respectively. So far 615 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 5 has touched a 52 week high of Rs. 51.44 on 02-Jun-2025 and a 52 week low of Rs. 23.52 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 35.00 and Rs. 27.30 respectively. The current market cap of the company is Rs. 170.49 crore.
The promoters holding in the company stood at 37.05%, while Institutions and Non-Institutions held 1.86% and 61.09% respectively.
GP Petroleums’ joint venture (JV) company — Amron Oil Resources has secured Letter of Acceptance (LoA) worth Rs 74.03 crore (including 18% GST) from Indian Oil Corporation. The LoA is for the supply of Bulk Bitumen (Grades VG-30 & VG40) at Pipavav. The order is to be executed within 12 months from date of placement of contracts. The validity can be extended for a further period of 12 months on mutual consent.
GP Petroleums is a leading lubricant player, specializes in industrial & automotive lubricants, process oils, transformer oils, greases and other specialties under the brand name IPOL in India and overseas market.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
