Why is Castrol share going down?
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The institutional brokerage broke down the reasons for the stock’s derating to 20-25 times forward priceto-earnings ratio from 40-45 times earlier to two factors — skewed price value proposition and market concerns about disruption from electric vehicles. On a five-year basis, the stock is down 2.76 per cent.
Is Castrol India a good stock?
PE vs Industry: CASTROLIND is good value based on its PE Ratio (16.4x) compared to the Indian Chemicals industry average (18.1x). PE vs Market: CASTROLIND is good value based on its PE Ratio (16.4x) compared to the Indian market (19.9x).
Is Castrol a good buy for long term?
Castrol is the perfect candidate for a value play, with return rations of 48–50\% and a dividend payout policy of +80\% (translating to dividend yield of ~5\%). The company declared interim dividend of INR2. 5/share (same as last year).
Is Castrol a Indian company?
Castrol India is the 2nd largest manufacturer of automotive and industrial lubricants in the Indian lubricant market and owns around 20\% market share in the overall Indian lubricant market….Castrol India.
| Type | Subsidiary |
|---|---|
| Traded as | BSE: 500870 NSE: CASTROLIND |
| Industry | Oil and Gas |
| Founded | 1910 |
| Headquarters | Mumbai, Maharashtra, India |
Who is the promoter of Castrol India?
The Shareholding Pattern page of Castrol India Ltd. presents the Promoter’s holding, FII’s holding, DII’s Holding, and Share holding by general public etc….PREMARKET.
| Shareholding Pattern – Castrol India Ltd. | ||
|---|---|---|
| NoOfShares | 989122384 | 100\% |
| Promoters | 0 | 0\% |
| ForeignInstitutions | 120616291 | 12.19\% |
| NBanksMutualFunds | 19220660 | 1.94\% |
What is the intrinsic value of Castrol India?
Castrol India
| As Of | Intrinsic Value | Market Price |
|---|---|---|
| 30 Sep 2021 | Rs. 293.62 | Rs. 140.20 |
| 13 Dec 2021 | —- | Rs. 125.25 |
| -0.85 -0.68\% |
What is the intrinsic value of Exide Industries?
What is the Intrinsic Value of EXIDE INDUSTRIES? As on 13-Dec-2021, the Intrinsic Value of EXIDE INDUSTRIES is Rs. 318.46 determined based on Median of the 3 historical models.
Should I buy Castrol shares?
Is Castrol India Debt Free?
Company is virtually debt free. The Company has been maintaining an effective average operating margins of 24.70\% in the last 5 years.