Buy Recommendation – Castrol India Going strong
An automotive segment in high gear, premium product mix, and a formidable brand bode well for the prospects of Castrol India, a leading player in the lubricants market in the country. Also, the company has been consistently posting solid financials, and has a very high dividend-paying track record. At its current price of Rs 419, [...]
Castrol India’s Bonus plan helps gain
Castrol India advanced extending recent gains ahead of the company’s board meeting on Thursday, 18 February 2010 to consider bonus issue. The company informed about the board meeting during trading hours on Monday, 15 February 2010, when the stock had risen 3.02% to Rs 700.85. The stock is up 9% in five trading sessions from [...]
Castrol India Moving on Bonus News
Castrol India continued movements after the company said its board will meet on 18 February 2010 to consider issuing bonus shares. The stock hit a high of Rs 714.40 and a low of Rs 702.50 so far during the day. The stock had hit an all-time high of Rs 724 on 15 February 2010. It [...]
Castrol India bonus issue
Castrol India said its board will meet on 18 February 2010 to consider issue of bonus shares. The stock hit a high of Rs 724 so far during the day, which is a record high for the counter. The stock hit a low of Rs 680 so far during the day. The stock had hit [...]
