The company had received favourable order from the MVAT tribunal in the case, however, the MSTD appealed before the CESTAT against the orders for 9 out of 10 years. On July 11, 2025 CESTAT in an order ruled in favour of Castrol India, rejecting the tax department's appeal.
Stocks to watch, 11 June: Stocks like Indian Renewable Energy Development Agency, RBL Bank, Aditya Birla Fashion and Retail, Chambal Fertilisers and Chemicals, Hindustan Copper, Titagarh Rail Systems, CreditAccess Grameen, Kaynes Technology India, Ganga Bath Fittings, Wipro, Sonata Software, and Aditya Birla Capital will be in focus on June 11.
The market may turn positive amid rangebound trading. Below are some short-term trading ideas to consider.
Motilal Oswal is bullish on Castrol India recommended buy rating on the stock with a target price of Rs 250 in its research report dated April 29, 2025.
Stocks to Watch, 29 Apr: Stocks like RPG Life Sciences, Adani Green Energy, Oberoi Realty, Fino Payments Bank, KFin Technologies, Plastiblends India, Hatsun Agro Product, AWL Agri Business, Adani Total Gas, Nippon Life India Asset Management, Firstsource Solutions, Go Digit General Insurance, and Greenply Industries will be in focus on April 29.
Rather than solely betting on a bounce or trend reversal in the broader index, look to stocks like Castrol India, Cholamandalam Investment, and GlaxoSmithKline that demonstrate potential bullish signals across multiple timeframes.
Aramco could look to combine the Castrol assets with its Valvoline lubricants unit, which it bought in a $2.65 billion deal completed in 2023, reported Bloomberg on March 5
Aramco is particularly interested in Castrol’s operations in fast-growing markets like India, the people said, asking not to be identified because the information is private. Its Mumbai-listed subsidiary Castrol India Ltd. has a market value of about $2.5 billion.
BP said it may look for stake sale in Castrol to improve its own balance sheet
Motilal Oswal is bullish on Castrol India has recommended buy rating on the stock with a target price of Rs 260 in its research report dated February 04, 2025.
Castrol India saw trading in heavy volumes on February 4. Around 1.26 crore shares were involved in active trade, over 6 times more than its 10-day average volumes.
Power Grid Q3 net profit falls to ₹3,862 crore; declares dividend. Castrol India reports 12% rise in profit for Dec quarter on steady demand. The company has received approval for the reclassification of Vijal Holding and Trading Company. The company has received an order from the Maharashtra GST Authority imposing a penalty of Rs 3.55 crore. Watch for more-
A circular modifying the previous intimation, dated January 7, was shared by NSE, citing incomplete 'eligibility criteria' as the reason behind the decision to exclude.
The market may remain rangebound over the next few sessions, but the overall trend remains bullish. Below are some trading ideas for the near term.
Motilal Oswal is bullish on Castrol India has recommended buy rating on the stock with a target price of Rs 275 in its research report dated October 28, 2024.
The consolidation is expected to continue in Nifty 50, although the bulls remain in control. Below are some trading ideas for the near term.