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Castrol India: Well oiled to grow, but valuations may limit sharp upside
The BP-Stonepeak transaction has brought Castrol India into focus, but while margins, cash flows and brand strength remain robust, expensive valuations may restrain near-term gains
Demand uncertainty may weigh on Havells stock; B2C sales show muted trend
Despite FY23 revenue growing 21 per cent YoY, Havells faced rising input costs and intense competition with moderation only in Q4
Castrol losing out to competition
Falling volumes and realisations impact revenues which fall 8% yearly to Rs 791 cr