Gulf Oil Lubricants India Limited
UTI Mutual Fund increased its stake in Gulf Oil Lubricants India Limited from 1.19% to 1.51% by purchasing 1,59,917 shares.
A leading manufacturer and marketer of automotive and non-automotive lubricants, Gulf Oil Lubricants produces specialized oils and greases for diverse industrial applications and consumer segments. The company ranks among India's top three private sector lubricant manufacturers, serving customers across automotive, industrial, commercial, and consumer markets with a comprehensive product portfolio and extensive distribution network.
India's oldest and most storied asset manager, founded in 1963 as the Unit Trust of India under an Act of Parliament. Now manages over Rs 3.5 lakh crore with backing from four public sector institutions: LIC, SBI, Bank of Baroda, and Punjab National Bank. CIO Vetri Subramaniam is a long-term compounder with a consistent quality tilt and clear articulation of process.