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.