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Castrol India inches up after strong Q1 results

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Capital Market

Castrol India rose 0.28% to Rs 479.70 at 13:57 IST on BSE after net profit rose 46.4% to Rs 146.70 crore on 1.21% growth in total income to Rs 842.70 crore in Q1 March 2015 over Q1 March 2014.

The Q1 result was announced during market hours today, 14 May 2015.

Meanwhile, the S&P BSE Sensex was down 141 points or 0.52% at 27,110.10.

On BSE, so far 1.63 lakh shares were traded in the counter as against average daily volume of 46,972 shares in the past one quarter.

The stock was volatile. The stock rose as much as 2.64% at the day's high of Rs 491 so far during the day. The stock fell as much as 1.08% at the day's low of Rs 473.15 so far during the day. The stock had hit a record high of Rs 544 on 8 December 2014. The stock had hit a 52-week low of Rs 282 on 16 May 2014.

 

The stock had outperformed the market over the past one month till 13 May 2015, advancing 2.02% compared with Sensex's 6.17% fall. The scrip had also outperformed the market in past one quarter, declining 3.45% as against Sensex's 6.34% fall.

The large-cap company has equity capital of Rs 247.28 crore. Face value per share is Rs 5.

Castrol India manufactures and markets a range of automotive and industrial lubricants.

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First Published: May 14 2015 | 1:48 PM IST

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