As part of our Wealth Creator Series , today we look at Castrol India. This is one of the 39 stocks that were short-listed that passed through our stringent stock screen filters.
Castrol India Ltd (CIL), the second-largest player in the Indian lubrication industry, has made its way from a modest 6 per cent market share in 1993 to a commanding 20 per cent now. With majority stake held by BP, CIL has held its own despite fierce pressure from PSUs such as HPCL, BPCL and IOCL. Concern: Competitive nature of the industry and new generation trucks which need less-frequent refills.
To read about how we arrived at the list click here. To read about stocks from the Wealth Creator List, click here.
This article was originally published on August 08, 2012.
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
