CASTROL INDIA

Oct 2, 2023

Technical Study

Time Frame taken for study - Monthly
Study -
1. Downtrend Line broken with continuous increasing volume
2. Resistance near 162
3. After a fall, consolidation seen with some volume spikes

Resistance or Targets -
1. 182
2. 216
3. 272

Supports or Stop Loss
1. 120 (dip till)
2. 100

Fundamental Study

Market Cap - ₹ 13,704 Cr.
Stock P/E- 17.0
Book Value- ₹ 20.0
Dividend Yield-4.69 %
ROCE-60.8 %
ROE- 45.9 %
Face Value-₹ 5.00

Good Dividend Yield, ROE and ROCE. Overvalued Compared to Book Value of Rs. 20

This chart is only for educational purpose do your own study before taking any trades.

Dec 26, 2023

Note

1st Target hit

Feb 18, 2024

Note

2nd Target almost hit