Castrol India Limited is highlighted as a leading stock to buy, offering strong financial performance and growth potential in the lubricants sector.
In Q2 2024, Castrol India saw a 5% YoY and 6% QoQ revenue growth, with EBITDA up 4% YoY, showcasing its robust financial health.
In Q2 2024, Castrol India saw a 5% YoY and 6% QoQ revenue growth, with EBITDA up 4% YoY, showcasing its robust financial health.
New Castrol Edge variants and auto care products are bolstered by a high-profile ad campaign, maintaining premium pricing and market leadership.
With EBITDA margins expected to remain within 22-25%, Castrol India targets growth above industry averages, driven by strategic R&D investments.
Trading at 25x CY25E EPS, with a target price of ₹331, Castrol India offers a 29% upside, making it a strong buy for long-term investors.