BUY - Castrol India

BUY: Castrol India
Current Price: Rs 233
BSE Code: 500870
Face Value: Rs 10
  • Castrol India is a 70.92% subsidiary of Castrol UK (part of BP Group), marketing the most popular lube brand in India.
  • Strong growth in automobile industry and expected easing of raw material price in future should help it get back to the growth track.
  • Actual EPS for year ended December 2005: Rs 11.5
  • Projected EPS for year ended December 2007: Rs 15.0
  • Actual EPS for year ended December 2006: Rs 11.3
 

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