![Castrol India stock price: The surge brings the stock closer to its all-time high of Rs 272 achieved in December 2014. Castrol India stock price: The surge brings the stock closer to its all-time high of Rs 272 achieved in December 2014.](https://images.news18.com/ibnlive/uploads/2021/07/1627283897_news18_logo-1200x800.jpg?impolicy=website&width=510&height=383)
Castrol India stock price: The surge brings the stock closer to its all-time high of Rs 272 achieved in December 2014.
The stock rose more than 20% last month, recovering all of its losses from 2024.
Shares of Castrol India Ltd. surged as much as 9.3% on Wednesday to an intraday high of Rs 234.20, the highest since June 30, 2016.
The surge brings the stock closer to its all-time high of Rs 272 achieved in December 2014.
The stock has gained more than 20% in the past month, recovering all of its losses in 2024. Since the start of the year, the stock has gained a similar percentage.
The stock has soared more than 90% over the past 12 months, nearly doubling its value. The 46% increase experienced in 2023 marked the stock’s best annual performance since 2014.
According to CNBC-TV18 According to the report, the stock's Relative Strength Index (RSI) on the chart is at 72, indicating it is in “overbought” territory.
An RSI reading above 70 generally means that the stock is technically “overbought.”
Castrol India, a leading lubricants company, owns brands such as Castrol CRB, Castrol GTX, Castrol Activ, Castrol POWER1, Castrol EDGE, Castrol MAGNATEC and Castrol VECTON.