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Castrol India scales record high

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Capital Market
Last Updated : Jun 04 2014 | 9:31 AM IST

Castrol India rose 1.44% to Rs 365.25 at 13:07 IST on BSE, with the stock extending recent rally.

Meanwhile, the S&P BSE Sensex was up 44.41 points or 0.23% at 19,654.89.

On BSE, 41,000 shares were traded in the counter as against average daily volume of 25,480 shares in the past one quarter.

The stock hit a high of Rs 371.45 so far during the day, which is a record high for the counter. The stock hit a low of Rs 362 so far during the day. The stock had hit a 52-week low of Rs 237.95 on 4 June 2012.

The stock had outperformed the market over the past one month till 3 June 2013, surging 9.67% compared with the Sensex's 0.18% rise. The scrip had also outperformed the market in past one quarter, jumping 12.32% as against Sensex's 3.66% gain.

The large-cap company has equity capital of Rs 494.56 crore. Face value per share is Rs 10.

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Shares of Castrol India have rallied 7.37% in four trading sessions from a recent low of Rs 340.15 on 29 May 2013.

Castrol India's net profit rose 1.13% to Rs 124.30 crore on 1.1% decline in total income to Rs 805.90 crore in Q1 March 2013 over Q1 March 2012.

Castrol India manufactures and markets a range of automotive and industrial lubricants. It markets its automotive lubricants under two brands -- Castrol and BP. The company has leadership positions in most of the segments in which it operates including passenger car engine oils, premium 2-stroke and 4-stroke oils and multigrade diesel engine oils.

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First Published: Jun 04 2013 | 1:05 PM IST

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