Support and Resistance Levels
Past performance
About Veedol Corporation Ltd Tide Water Oil Co. (I) Ltd, founded in 1922, is a prominent player in the Indian lubricants market and a part of the Andrew Yule group, which has diverse business interests. The company specializes in manufacturing and selling engine lubricants for both automotive and industrial applications under the well-regarded 'VEEDOL' brand. They have a strategic technical collaboration with Nippon Oil Corporation to produce and market 'ENEOS' branded products in select markets. With production facilities in key locations like Howrah, Faridabad, and Silvassa, the company has been recognized for its quality standards with ISO certifications.
In addition to its core operations, Tide Water Oil Co. has expanded its global footprint through subsidiaries in the Middle East, Europe, and the Americas. Notably, the company acquired Veedol International Limited, enhancing its market presence in the UK and Europe. The acquisition of Granville Oil & Chemicals Limited further supports its manufacturing and distribution capabilities in automotive aftercare products in the UK.