4/29/2023 0 Comments Newsflow download![]() With the stake sale news flow behind it, the stock should now be driven by its fundamentals.Īlso Read: Castrol India jumps 8.79% as BP sells 8. It offers numerous customization options and features. Increase in crude price poses a risk for the stock, as key inputs are crude derivatives. Newsflow is a feature-packed yet intuitive feed reader that downloads news directly to your device, enabling you to read them at any time. The company’s fiscal year is from January to December. Newsflow Definition Meanings Definition Source Word Forms Noun Filter noun The production of press releases together with the set of news stories generated by them. Within the personal mobility segment-passenger cars and two-wheelers-are expected to continue to drive growth in the days to come.Ĭurrently, one Castrol India share trades at 32 times estimated earnings for this financial year. Growth in H1CY16 has been broad-based, with continued high single-digit growth in the personal mobility segment and recovery in the commercial vehicle segment, said Motilal Oswal analysts. Newsflow is available on Windows App Store as a free download. ![]() ![]() Over the last six months, Castrol India witnessed 7% volume growth as against a volume decline of 1.7% in CY05-15, wrote Harshad Borawake and Abhinil Dahiwale of Motilal Oswal Securities Ltd in a report last week. 13 pages, published by Compose, 15:27:14. Personalize your Newsflow app: choose the. c o m Express NewsFlow Presentation Express NewsFlow. Follow the most important and latest news stories from more than 100 different news sources displayed in a pleasant and structured form in your Newsflow. In fact, the June quarter net profit was its highest ever quarterly profit. Find Express publications and publishers at, download and read Express PDFs for free. That is at a time when the company has delivered stellar results for two quarters in a row. Its shares have underperformed the benchmark Sensex since the beginning of this calendar year. Newsflow is focusing on stories that are important in your region, but we. Our hard-working bots are continuously scanning and analysing news stories from more than 100 publishers per edition to bring you the stories trending around you. That deal had happened at a 5% discount to the previous day’s closing price.įurther, analysts say it helps that the reason for stake sale is not on account of issues related to Castrol but seems to be in keeping with BP’s own plans.Īlso Read: BP sells 8.53% stake in Castrol India shareholding at 51% nowĪccording to a Bloomberg report in May 2016, BP plans to sell $3 billion to $5 billion of assets this year as it seeks to pay down debt, maintain dividends and cover the cost of the 2010 Gulf of Mexico spill.Įven as the Castrol India stock jumped on Tuesday, stake sale news flow has weighed on the stock, feel analysts. Newsflow collects the latest and most important news organised in 10+ categories. ![]() On 19 May, Castrol had sold about 11.5% in Castrol India and reduced its stake from 71%. ![]()
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