Introduction: Castrol India Share and its Functioning in the Lubricants Sector of the Stock Market
The lubricants sector of the stock market has been witnessing the presence of Castrol India Share, a company that has been consistently providing dividends to its investors for the past 20 years. In this article, we will delve into the functioning of the company, its current position in the stock market, information about its returns, and the history of dividends given by the company.
Castrol India Ltd
Castrol India Ltd was established in 1899 by Cheers Wakefield with the aim of supplying lubricants for construction trains and heavy machinery. It was later renamed to Castrol India in 1966. The company primarily deals in petroleum products refined with lubricant oil and also serves as a manufacturer. The products of Castrol India Share are widely used in the automobile, industrial, marine, and energy sectors.
Current Status of Castrol India Share
Castrol India Share currently holds a market capitalization of 14,139.50 crores and has no debt. The company offers a dividend yield of 4.54%, and the promoter holding stands at 51%. With a free cash amount of Rs 1,217.71 crore, the company has recorded a sales growth of 13.89% and a profit growth of 7.53%.
Last 5 Years Return Information
Over the past few years, Castrol India Share has provided varying returns to its investors. In the span of 6 months, the company has given a return of 23%. The returns for 1 year and 3 years stand at 25% and 5% respectively. However, the company has witnessed a negative return of -2% over the last 5 years, indicating a relatively disappointing long-term performance.
