221.7300 4.71 (2.17%)
NSE Jun 30, 2025 15:59 PM
Volume: 4.2M
 

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Castrol India Ltd.
29 Oct 2016, 12:00AM
221.73
2.17%
Karvy
Castrol to Expand Market Share Through Pricing Schemes: Trade discounts lead to lower realizations than expected: Castrol sales stood at Rs. 7617Mn in Q3CY16, 21.5% lower than Q2CY16 and 2.9% lower than Q3CY15. This can be attributed to the seasonality in the sales and selective price discounts that the company offered in July and also due to floods in certain regions,thus, taking a toll on volumes and realizations. However, YTD (Jan-Sep) CY16 sales volumes grew by 4.4% YoY at ~ 151 Mn Lt due to higher sales in the second quarteras compared to ~ 145 Mn Lt in YTD (Jan-Sep) CY15.
Castrol India Ltd. has an average target of 241.50 from 2 brokers.
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