Castrol India surges 8.8% after block deal

India Infoline News Service | Mumbai | September 20, 201616:28 IST

The scrip opened at Rs. 432 and touched a high and low of Rs. 469.75 and Rs. 426.1 respectively.

Castrol India
Castrol India Ltd ended at Rs. 459.6, up by Rs. 37.15 or 8.79% from its previous closing of Rs. 422.45 on the BSE after its promoter British Petroleum sold 8.5% stake in Castrol India. Post sale, British energy giant now holds 51% in its Indian lubricants subsidiary.

The scrip opened at Rs. 432 and touched a high and low of Rs. 469.75 and Rs. 426.1 respectively. A total of 80019694 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 20892.74 crore.

The BSE group 'A' stock of face value Rs. 5 touched a 52 week high of Rs. 478.4 on 09-Sep-2016 and a 52 week low of Rs. 360.1 on 01-Mar-2016. Last one week high and low of the scrip stood at Rs. 464 and Rs. 420.5 respectively.

The promoters holding in the company stood at 59.53 % while Institutions and Non-Institutions held 23.1 % and 17.37 % respectively.

The stock traded above its 50 DMA.

***Note: This is a NSE Chart

 

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