Castrol India Share Price Target 2022, 2023, 2024, 2025, 2030:- Castrol was founded by Charles “Cheers” Wakefield under the name “CC Wakefield & Company”. Castrol India Ltd is primarily engaged in the manufacturing and marketing of automotive and industrial lubricants and related services.
With the help of this article, we have tried to analyze the Castrol India stock as a whole, which will help you get an overview of the same stock. So without further delay, let’s get started:-
Castrol India Share Price Target 2022
Castrol is here to serve every driver, every motorcyclist, and every industry in the world. Castrol does it all through Liquid Engineering, which means creating high-performance oils, greases, fluids, and greases for every application you can imagine.
Castrol India also knows that you need every part of your world to run smoothly, so Castrol India lubricates every part of the car or motorcycle you own, the escalators in your local mall, the elevator in your office, and even the production line that makes your refrigerator.
The target price for two shares of Castrol India in 2022, the first target price is estimated at Rs 135. And Castrol India’s second target price will be able to reach around Rs 140.
|Year||Castrol India Share Price Target 2022|
|First Target 2022||Rs 135|
|Second Target 2022||Rs 140|
Castrol India Share Price Target 2023
Castrol introduces new and more sustainable packaging for its premium brand of Castrol POWER1 ULTIMATE motor oils. The brand is now packaged in a 100% recycled bottle made from recycled plastic waste instead of virgin plastic. The use of PCR plastics reduces plastic waste, reduces carbon emissions and promotes a more circular economy. Castrol India’s new packaging is part of its global PATH360 goal to halve its plastic footprint by 2030.
Castrol India is focusing on three areas: saving waste, reducing carbon and improving people’s lives, with the overall goal of helping Castrol become net zero by 2050 or earlier, new packaging is being used for Castrol’s product line and will be hitting the shelves soon. There will be no additional costs for consumers from switching to new, more sustainable packaging.
Castrol India’s first price target is estimated at Rs 160 in FY 2023. And Castrol India’s second target price will be able to reach around Rs 170.
|Year||Castrol India Share Price Target 2023|
|First Target 2023||Rs 160|
|Second Target 2023||Rs 170|
Castrol India Share Price Target 2024
Castrol India and MG Motor India are all set to collaborate with Jio-bp to explore mobility solutions for electric cars. As part of the partnership, Jio-bp, MG Motor and Castrol will explore the establishment of EV charging infrastructure for ATVs and expand Castrol’s existing car service network to cater to EV customers. The partnership is in line with Jio-bp and MG Motor’s commitment to provide EV customers with extensive and reliable charging infrastructure and to accelerate the adoption of EVs in India.
The price of the two shares is the 2024 target for Castrol India, a first price target is estimated at Rs 190. And Castrol India’s second target price will be able to reach around Rs 200.
|Year||Castrol India Share Price Target 2024|
|First Target 2024||Rs 190|
|Second Target 2024||Rs 200|
Castrol India Share Price Target 2025
Castrol India and Ki Mobility Solutions have entered into an exclusive supply agreement in India under which Castrol will supply lubricants to Ki Mobility’s multi-brand workshops. Castrol India has launched a new synthetic engine oil for two-wheelers. Castrol “Power1 Ultimate” comes with a formula designed to equip motorcycles with superior performance.
The new range of oils is available at Castrol Bike Points, dealers and online in various viscosities such as 10W-40, 10W-50, 15W-50 and 20W-50 specially designed for motorcycles and sportbikes and Castrol Power1 Ultimate’ 5W- 40 for scooters.
Castrol India’s first price target is estimated at Rs 230 in FY 2025. And Castrol India’s second target price will be able to reach around Rs 240.
|Year||Castrol India Share Price Target 2025|
|First Target 2025||Rs 230|
|Second Target 2025||Rs 240|
Castrol India Share Price Target 2030
Science and technology are at the heart of Castrol India, providing customers with brands that deliver the performance and reliability of the machinery they depend on, whether it’s a school car or generating greener energy by helping to keep wind turbines spinning. Castrol India’s technology teams bring together the best thoughts and ideas from anywhere. Not only do they gather scientific knowledge from BP, but they also work closely with leading scientists, universities, customer engineers and specialist companies.
Castrol India Seven global research and development centers in the US, UK, Germany, China and Japan work on the science and technology that underpins the performance of their brands. Castrol India develops and tests hundreds of new products every year and our teams work closely with leading OEMs who supply a wide range of lubricants designed for specific operating conditions and environments.
The price target for the first share of Castrol India is estimated at Rs 450. And the second Castrol India stock price target will be able to get it for around Rs 500.
|Year||Castrol India Share Price Target 2030|
|First Target 2030||Rs 450|
|Second Target 2030||Rs 500|
Future Prospectus of Castrol India Share
- Castrol India is always looking for opportunities to push us forward and test our lubricants in spectacular ways. Nothing tests an oil like pushing a vehicle to breaking point in some of the world’s toughest competitions. This is why they participate in Formula 1, World Rally Endurance, and MotoGP.
- The partnership is in line with Jio-bp and MG Motor’s commitment to provide EV customers with extensive and reliable charging infrastructure and to accelerate the adoption of EVs in India.
Risk of Castrol India Share
- Castrol India needs to invest in smaller companies in its sector to spend more money and space in its sector, which will lead to building a bigger structure in its sector.
- Castrol India will seek to work with national and international customers to provide additional benefits to its customers, otherwise, there are a number of other groups or manufacturing companies that will take their place and appear to be at the forefront of their business.
Expert Views on Castrol India Share
So, based on the analysis done in this article, we really think that Castrol India will become one of the best dividend stocks for you if you try to invest in this stock for a long time.
Castrol India Share F.A.Q.
– Who is the MD of Castrol India?
Sandeep Sangwan is the MD of Castrol India.
– Where is Castrol India Headquartered located?
Castrol India is headquartered in Mumbai, India.
– In which industries does Castrol India operate?
Castrol India Ltd is primarily engaged in the manufacturing and marketing of automotive and industrial lubricants and related services.
I hope that after reading the article Castrol India Share Price Target 2022, 2023, 2024, 2025, 2030 you must have got a good idea of what kind of performance can be seen in the growth of the Company. If you still have any questions related to this article in your mind, then do not forget to tell in the comment at all. Stay tuned to Market in India for important information about this type of stock in the stock market.