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GP Petroleums is currently trading at Rs. 63.45, up by 2.43 points or 3.98% from its previous closing of Rs. 61.02 on the BSE.

The scrip opened at Rs. 62.29 and has touched a high and low of Rs. 67.98 and Rs. 62.29 respectively. So far 207931 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 93.45 on 17-Sep-2024 and a 52 week low of Rs. 48.11 on 21-Dec-2023.

Last one week high and low of the scrip stood at Rs. 67.98 and Rs. 59.00 respectively. The current market cap of the company is Rs. 323.50 crore.

The promoters holding in the company stood at 53.44 % while Institutions and Non-Institutions held 0.47 % and 46.09 % respectively.

GP Petroleums has entered into Supply Agreement with Hindustan Petroleum Corporation (HPCL) for the supply of Bulk Bitumen - VG30 conforming to IS 73-2013, at various locations as required by HPCL. The said agreement is not with a related party and has been entered into at arm’s length basis.

The initial order period for the agreement is for one year and which may be extendable for a further period of 1 year at the discretion of HPCL. The quantity of Bitumen to be supplied is around 50,000 MT with total deliverable value of around Rs 223 crore.

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