ETAutoMotilal Oswal has buy call on Castrol India with a target price of Rs 170. The current market price of Castrol India Ltd. is Rs 129.75.
Castrol India Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 12789.35 Crore) operating in Petrochemicals sector.
Financials
For the quarter ended 30-09-2020, the company reported a Standalone sales of Rs 883.10 Crore, up 80.00 % from last quarter Sales of Rs 490.60 Crore and up 3.99 % from last year same quarter Sales of Rs 849.20 Crore Company reported net profit after tax of Rs 204.60 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 51 per cent stake in the company as of March 31, 2020, while FIIs held 11.83 per cent, DIIs 18.34 per cent and public and other 18.83 per cent.
Castrol India Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 12789.35 Crore) operating in Petrochemicals sector.
Financials
For the quarter ended 30-09-2020, the company reported a Standalone sales of Rs 883.10 Crore, up 80.00 % from last quarter Sales of Rs 490.60 Crore and up 3.99 % from last year same quarter Sales of Rs 849.20 Crore Company reported net profit after tax of Rs 204.60 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 51 per cent stake in the company as of March 31, 2020, while FIIs held 11.83 per cent, DIIs 18.34 per cent and public and other 18.83 per cent.
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