219.8900 -1.03 (-0.47%)
NSE Jul 11, 2025 15:31 PM
Volume: 1.3M
 

logo
Castrol India Ltd.
01 Nov 2021
219.89
-0.47%
Motilal Oswal
It witnessed strong volumes in the Commercial segment in 3QCY21. Even Agri demand continued to remain robust. Timely pricing action and continued investment in the brand led to better realization. Company took strategic pricing action in June'21 and might follow the same in 4QCY21 (as Base oil prices have doubled). Management believes that pricing action taken in June'21 would accrue more benefits in the next quarter (as inventory with distributors/retailers draw down). It reiterate its EBITDA margin guidance of 24-27%....
Castrol India Ltd. has an average target of 241.50 from 2 brokers.
More from Castrol India Ltd.
Recommended