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Business Standard

Durex makes India condom push for women, rural consumers with lubes, ads

The Durex lubricants in India will use improved formulations to appeal to women and have been created after performing clinical studies to address concerns females face

Mint

Multibagger stock: After 150% rally in 1 yr, analysts see more 14% upside for Gulf Oil Lubricants shares;Should you buy?

Gulf Oil Lubricants share price surged over 6% to an all-time high of ₹1,510 on BSE after Systematix Institutional Equities rated it a buy with a ₹1,700 target. The firm is leveraging its strong brand and diversification for long-term growth.

Business Standard

Balmer Lawrie eyes Rs 6K cr revenue by 2030, to hire consultant for growth

Diversified PSU Balmer Lawrie & Company is aiming at a revenue of Rs 6,000 crore by 2030 and is in the process of engaging a consultant to prepare a comprehensive growth plan, a top official said on Friday. The company, which operates across several business verticals, including grease and lubricants, industrial packaging, logistics and travel and vacations (T&V), has a current revenue of Rs 2,400 crore. "We are targeting a revenue of Rs 6,000 crore by 2030 and looking to appoint a consultant to guide us," Balmer Lawrie CMD Adhip Nath Palchaudhuri said. He also said the key focus areas for growth are travel and vacation, grease and lubricants, logistics, and industrial packaging. Palchaudhuri noted that the T&V vertical has substantial growth potential. "Around 80 per cent of the business lies outside government departments, predominantly in the private sector. We are actively promoting our services to capture a significant share of the leisure travel market," he said. The

Business Standard

Shubham Polyspin Ltd leads losers in 'B' group

Senco Gold Ltd, Sakuma Exports Ltd, Goa Carbon Ltd and Gulf Oil Lubricants India Ltd are among the other losers in the BSE's 'B' group today, 09 July 2024.