Why are Castrol India shares down 6% today? Know More

By Aditya Bhagchandani Published on March 18, 2025, 09:40 IST

Shares of Castrol India Ltd declined over 6% on Monday, March 18, 2025, as the stock traded ex-dividend ahead of its ₹9.5 per share dividend payout.

Several other stocks, including Angel One, Power Finance Corporation, Acceleratebs India, and IRFC, are also trading ex-dividend today.

The ex-dividend date marks the day when a stock no longer carries the value of its next dividend payment, leading to a corresponding price adjustment. Investors who purchase the stock on or after the ex-dividend date will not be eligible for the declared dividend.

Stock Performance

Current Price: ₹220.90
Previous Close: ₹236.02
Day’s Low: ₹220.50
Market Cap: ₹218.37B
Dividend Yield: 3.85%

Investors are closely watching how Castrol India performs post this dividend adjustment.

Aditya Bhagchandani

Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.