Castrol India Ltd. Shows Strong Performance Amid Sector Gains and High Dividend Yield

Castrol India Ltd. has emerged as one of the most active stocks today, with a total traded volume of 15,445,435 shares and a total traded value of approximately Rs 353.48 crores. The stock opened at Rs 224.50, reflecting a gain of 2.1% from the previous close of Rs 219.89. Throughout the trading session, Castrol India reached an intraday high of Rs 232.43, marking a 5.7% increase.
Notably, the stock has shown resilience by reversing a two-day decline, outperforming its sector by 2.31%. Currently, Castrol India is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The lubricants sector overall has also seen a gain of 2.74%.

Despite a decline in investor participation, with delivery volume dropping by 36.48% compared to the 5-day average, Castrol India maintains a high dividend yield of 5.91% at its current price. The stock's liquidity remains robust, supporting trade sizes of Rs 0.83 crores based on 2% of the 5-day average traded value. Overall, Castrol India Ltd. demonstrates a solid performance in the oil industry, reflecting its large-cap market position with a market capitalization of Rs 22,719.15 crores.