Sunrise Efficient Marketing Ltd starts new automotive division with world leader G S CALTEX Automotive oil

Sunrise Efficient Marketing Ltd (SEML) has mastered the Industrial Oil & Lubricants' business so well, that in the entire Indian market of M/s Gulf Ltd, within a short span of 6 - 7 years. SEML has reached at No-2 position on All India Basis Having tasted success of Industrial oil business in & around Surat, SEML has taken a big step to venture into the Automotive Oil Segment.

As we all know the India is the world's third-largest Automobile market and as per Mr. Nitin Gadkari , India to become world's largest automobile market by 2028. So it is very obvious to have automotive segment in our portfolio and to handle that, we have hired a very senior executive with 25 years of experience of this market in and around Surat, Navsari, Tapi areas. We are highly confident of strategically selling the GS Caltex products to around 1000 retailers and close to 500 workshops.

Our experience of handling and dealing with Lubricants will be very helpful for this type of product addition and with the world class quality products we are very confident to gain the market share in coming years.

Shares of Sunrise Efficient Marketing Limited was last trading in BSE at Rs. 105.60 as compared to the previous close of Rs. 107.30. The total number of shares traded during the day was 103000 in over 83 trades.

The stock hit an intraday high of Rs. 110.70 and intraday low of 105.15. The net turnover during the day was Rs. 11127150.00.

Source : Equity Bulls

Keywords

SunriseEfficientMarketing INE0KPY01017 Trading Distributors Lubricants IndustrialOil Gulf