India, July 27 -- India's lubricant industry is expanding steadily, driven by rising industrial activity, automotive demand and increasing consumption of specialised lubricants across manufacturing, transportation and infrastructure sectors. As oil marketing companies continue to enhance product quality and production capabilities, the demand for high-performance lubricant additives remains robust. Against this backdrop, Arabian Petroleum has secured a fresh order from one of the country's largest public sector energy companies.

Shares of Arabian Petroleum Limited closed at Rs 69.45, down by 0.77%. The company's current market capitalisation is Rs 75.6 crore, and it is trading at a P/E ratio of 6.72, which is lower than the industry peer...