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Castrol India share price today surged 8.37% as of 11:04 AM on March 6, 2025. The price reached ₹240.94 which is a considerable gain against the last close of ₹222.33. This trend is characterized by a firm opening at ₹232.00, a day's high of ₹244.69, and a low of ₹228.33. The volume has been high, standing at 25,141,966 shares with a total turnover of ₹60,567 lakhs.
As of 11.25 am, the Castrol India shares were trading at Rs 239.39 with 7.67% gain:
Castrol India's share has demonstrated strength in recent years, a testament to its dominant position in the lubricants sector. In the last one year, the company has posted a return of 4.79%, beating the general market indices such as the Sensex. This is highlighted by a three-year return of 104.80%, far outpacing the Sensex's 34.34% in the same duration.
The market capitalization is currently ₹23,827 crores, with a beta of 1.29, showing that the stock is more volatile than the market. Each share has a face value of ₹5 and a dividend yield of 5.40%, making it attractive for income investors.
Castrol India stock has exhibited mixed trends. The weekly MACD reflects a bullish bias, whereas the monthly view reflects a mildly bearish bias. The Bollinger Bands reflect bullish trends on both the weekly and monthly charts, indicating possible volatility in price action. The recent Heikin-Ashi candle switch from green to red on February 28, 2025. It reflected an initial bearish signal, but the stock has since made a strong comeback.
Castrol India's trailing twelve months (TTM) earnings per share (EPS) is ₹9.37, up 7.26% on a year-over-year basis. The TTM price-to-earnings (P/E) ratio of 25.71 is above the sector average of 20.10. This indicates investors' willingness to pay a higher premium for shares of Castrol India due to faith in the company's growth momentum. The price-to-book (P/B) ratio is 10.18, which is above normal industry standards. Thus, suggesting that the stock may be overvalued compared to its book value.
Castrol India's share price targets for 2025 are positive. The stock can go up to ₹260.92 by the end of the year if market conditions are favorable. This forecast goes hand in hand with the performance of the company in the past and its solid market position in the lubricants industry.
The recent spurt in Castrol India's share price is the result of several factors, such as its strong financials and overall bullishness in the market. Investors need to be careful because the stock's high valuation ratios and volatility are concerns.
For investors looking at Castrol India, it's important to balance the firm's good long-term growth potential with its present valuation. The high P/E and P/B of the stock indicate that it may be overvalued. However, its stable performance and market leadership in the lubricants business makes it a desirable investment.
Based on the current market trends and the stock's recent performance, it's a good long-term investment. Investors looking for stable returns with a moderate risk profile may like Castrol India stock.
Castrol India's recent share price rally is driven by its strong market position and investor optimism about the company's future growth prospects. Although the current performance points towards a possible overvaluation, its past performance and industry leadership make it a good investment bet for those who are ready to accept moderate risk. Investors should keep a close eye on Castrol India’s financial and stock performance in the coming months to make any decisions.
