Castrol India to consider bonus issue on Nov 7

The company will be announcing its third quarter numbers and to consider issuing bonus shares.

Oct 26, 2017 07:10 IST India Infoline News Service

Castrol India
Castrol India Ltd is currently trading at Rs 402.65, up by Rs 17 or 4.41% from its previous closing of Rs 385.65 on the BSE as the company's board will meet on Nov 7 to consider issuing bonus shares.

The scrip opened at Rs 389.8 and has touched a high and low of Rs 412 and Rs 386.25 respectively. The stock is currently trading above its 200 DMA.

Castrol India is an India-based company engaged in providing coke and refined petroleum products. The company generated 80% of revenues from automotive segment, 11% from non-automotive and the rest from trades in CY16.

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