Castrol India Ltd (NSE: CASTROLIND) has been in focus on Friday. On March 7, 2025, Castrol India share price opened at ₹245.00, almost the same as its previous close of ₹245.88. At 11:17 AM, the share price of Castrol India was trading at ₹244.03, down by 0.75% on the NSE. The stock price touched its 52-week low on January 28, 2025, at ₹162.60.
Yesterday, Castrol India’s share price opened at ₹232.00 and surged to a day’s high of ₹251.95, following the reports that Saudi Aramco is exploring a potential bid for BP Plc’s lubricant business.
According to a news report, Aramco, the world’s largest energy company, is assessing the possibility of acquiring part or all of BP’s lubricant business, which operates under the Castrol brand. Sources indicate that Aramco may integrate Castrol’s assets with its Valvoline lubricants unit, acquired for $2.65 billion in 2023.
BP, meanwhile, has begun a strategic review of the Castrol lubricants segment as part of a broader corporate restructuring. Bloomberg previously valued the unit at around $10 billion.
Aramco is particularly focused on Castrol’s operations in high-growth markets like India. Castrol India Ltd, listed on the BSE and NSE, currently holds a market capitalisation of ₹24,137.55 crore (as of March 7, 2025).
While discussions remain in the early stages, Aramco has yet to finalise a decision on the structure of a potential bid or whether it will proceed. The Castrol assets have also reportedly garnered interest from other potential bidders.
Investors might closely monitor developments as Saudi Aramco evaluates a potential bid for BP’s Castrol business. The outcome could impact the global lubricants market.
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Published on: Mar 7, 2025, 1:33 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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