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Castrol India surges on unveiling new range of products within Castrol EDGE line
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Castrol India is currently trading at Rs. 200.75, up by 5.80 points or 2.98% from its previous closing of Rs. 194.95 on the BSE.
The scrip opened at Rs. 196.05 and has touched a high and low of Rs. 203.10 and Rs. 196.00 respectively. So far 3.28 lakh shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 230.00 on 10-Apr-2024 and a 52 week low of Rs. 112.55 on 09-Jun-2023.
Last one week high and low of the scrip stood at Rs. 203.10 and Rs. 167.25 respectively. The current market cap of the company is Rs. 19,817.07 crore.
The promoters holding in the company stood at 51.00% while public held 49% stake in the company.
Castrol India has unveiled an exciting range of products within the Castrol EDGE line. This premium and advanced engine oil, designed for on-demand performance, now includes three new variants tailored for the passenger car segment, addressing the evolving needs of automotive consumers.
The all-new Castrol EDGE is formulated to deliver at least 30% improved performance versus tough industry limits. Designed and tested to meet latest OEM specifications, the entire range with PowerBoost Technology gives drivers the confidence to demand more power and acceleration, when they need it the most. The launch includes EDGE Hybrid specially formulated for Hybrid engine, EDGE Euro Car targeting leading EURO OEMS like Audi, BMW, Mercedes, Jaguar, Land Rover, Volkswagen, Skoda, and Porsche, and EDGE SUV for high performance and premium SUVs.
Castrol India is an India-based company engaged in providing coke and refined petroleum products. The company is involved in manufacturing lubricating oils.
