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Castrol India Ltd.
20 Jun 2017
216.22
-0.93%
Religare
Castrol India Ltd (CIL) reported muted numbers for Q1CY17 (below our estimates) with a Net revenue and PAT growth of 3.1% & 3.8% YoY respectively. The negative impact of higher base oil prices was offset by INR appreciation (vs USD), product price hikes and improved mix, as EBITDA margins stood flat (YoY) at 29.8%.
Castrol India Ltd. average weekly volume is high.
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