CASTROL INDIA Surges by 5%; BSE OIL & GAS Index Down 0.6%
November 21, 2019 11:58 AM

CASTROL INDIA share price has zoomed 5% and is presently trading at Rs 160.

Meanwhile, the BSE OIL & GAS Index is at 15,537 (down 0.6%).

Among the top Gainers in the BSE OIL & GAS Index today is CASTROL INDIA (up 5.2%).

IOC (down 0.3%) and OIL INDIA (down 0.8%) are among the top losers today.

Over the last one year, CASTROL INDIA has moved up from Rs 153 to Rs 160, registering a gain of Rs 8 (up 5.0%).

On the other hand, the BSE OIL & GAS has moved up from 13,553 to 15,537, registering a gain of 1,984 points (up 13.3%) during the last 12 months.

The top gainers among the BSE OIL & GAS Index stocks during this same period were BPCL (up 65.6%), INDRAPRASTHA GAS (up 62.8%) and RELIANCE IND. (up 34.6%).

What About the Benchmark Indices?

The BSE Sensex is at 40,745 (down 0.1%).

The top gainers among the BSE Sensex stocks today are L&T (up 1.5%), ICICI BANK (up 1.2%) and BAJAJ AUTO (up 1.0%). Other gainers include HERO MOTOCORP (up 0.7%) and TCS (up 0.7%). The most traded stocks in the BSE Sensex are TATA MOTORS and SBI.

In the meantime, NSE Nifty is at 12,028 (down 0.1%). ZEE ENTERTAINMENT (up 7.2%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 35,475 to 40,745, registering a gain of 5,270 points (up 14.5%).

CASTROL INDIA Financial Update...

CASTROL INDIA net profit down at Rs 2 billion for the quarter ended September 2019, compared to a loss of Rs 2 billion a year ago. Net Sales declined 17.8% to Rs 8.5 billion during the period as against Rs 10.3 billion in July-September 2018.

For the year ended December 2018, CASTROL INDIA reported 2.4% increase in net profit to Rs 7.1 billion compared to net profit of Rs 6.9 billion during FY17.

Revenue of the company grew 1.4% to Rs 39 billion during FY18.

The current Price to earnings ratio of CASTROL INDIA, based on rolling 12 month earnings, stands at 20.7x.