Lubricants stocks include companies engaged in the production and distribution of lubricants like oils, greases and fluids, which reduce friction and wear in machinery and engines. Lubricants play a vital role in the post-sale service of machines and equipment.
These products are used across industries such as automotive, manufacturing, aerospace and industrial machinery. With lubricants present in almost every industry, these companies enjoy a steady demand trajectory.
The growth of industries in India also offers a better prospect for the performance of these sectoral stocks in the coming years. The surge in the demand for automobiles has positively impacted the sector.
If you're considering investing in this sector, here’s a complete guide covering its benefits and risks.