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Castrol India shares zoom 18% on huge volumes, trade near record high

Business Standard LogoBusiness Standard2d ago

Castrol India shares zoom 18% on huge volumes, trade near record high - Business Standard

Quick Summary:

The management highlighted that it remains focused on its commitment to brand building, widening its distribution network, and launching new products, all of which, they believe, will contribute positively towards volume and market share expansion.

The company also operates in select segments like High Performance Lubricants and Metal-Working Fluids, which are used in a wide variety of industries such as automotive manufacturing, mining, machinery, and wind energy.

The company said it is committed to propelling this growth by expanding participation across diverse price segments, ensuring broader availability across geographic strata, reinforcing its workshop presence, and making substantial investments to nurture premium brands.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 15:55:05 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 510 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21470714

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 303 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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