Castrol India Stocks: Hold Castrol India; Target price Rs 130: ICICI Direct | Techno Glob


ICICI Direct put the call on hold with a target price of Rs 130. Castrol India Ltd. The current price of is Rs.121.15.

Castrol India Ltd. is a Mid Cap company incorporated in 1979 and has a market capitalization (11993.11 crores) operating in petrochemicals sector.

. Key product/revenue segments for the year ending 31-Dec-2021; petroleum products; Includes other operating taxes and deductions.

Finance

For the quarter ended 30-09-2022, the company has reported a standalone total revenue of Rs 1139.78 crore, Last quarter total revenue was down -9.21% from Rs 1255.38 crore and up 5.38% from last year total revenue of Rs 1081.60 crore. . The company reported a net profit after tax of Rs 187.17 crore in the last quarter.


Promoter/FII Holdings
Promoters hold 51.0 per cent stake in the company as on 30-Jun-2022, while FIIs hold 10.65 per cent; DIIs own 16.25 percent.

(Disclaimer: The recommendations given in this section or the reports attached hereto are written by a third party. The views expressed are the views of the respective authors/organizations. They do not represent the views of Economic Times (ET). ET does not guarantee, vouch, endorse any of its contents and hereby disclaims all warranties. , EXPRESS OR IMPLIED DISCLAIMS RELATING TO SAME.PLEASE CONSULT YOUR FINANCIAL ADVISOR AND GET INDEPENDENT ADVICE.



Source link