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CASTROLIND

India Dividend Announcement Shares of lubricant maker Castrol India shall trade ex-dividend today. The company had announced a final dividend of Rs 9.5 per share, which includes a special dividend of Rs 4.5 per share, for the financial year ended 31 December 2024, subject to shareholder approval. Stock Performance Shares of Castrol India Ltd settled at Rs 236.10 on Monday, rising about 2% for the day. The stock has surged nearly 45% from its 52-week low at Rs 162.80 hit on January 28, 2025, though it remains 17% below its 52-week high at Rs 284.40 scaled in August 2024. The total market capitalization of the company stood above Rs 23,300 crore mark. Castrol India Financial Results Castrol India posted a 12% year-on-year (YoY) rise in quarterly profit to Rs 271.39 crore, helped by steady demand for its products. The engine oil maker, 51% owned by British oil major BP, said its quarterly revenue grew 7.1% YoY to Rs 1,353.89 crore in the October to December quarter due to higher sales. India's two-wheeler sales grew about 3% in the quarter, while those of commercial vehicles rose 1.2%, according to industry data. Note : Follow Risk Management and Position sizing at all times