Castrol India shares jumped 9% during the stock market session on Wednesday, 24 December 2025, after the company's parent firm, BP, announced its move to sell 65% of its stake in the global giant Castrol for $6 billion to Stonepeak.
Castrol India shares jumped almost 9% to hit the intraday high level of ₹202.50 during Wednesday's intraday trading session, compared to ₹185.90 at the previous market close, BSE data shows.
BP stake sale deal
On Wednesday, the British petroleum giant, BP, has agreed to sell a 65% stake in Castrol for $6 billion, marking the company at $10.1 billion enterprise valuation, according to the official release.
The company plans to use the entirety of the $6 billion in proceeds, which includes the accelerated dividend payments, towards reducing the net debt of BP.
“Transaction accelerates delivery of BP’s reset strategy, will significantly strengthen its balance sheet, and advances strategy to focus the downstream,” the company said in its release.
After the stake deal, a new joint venture entity will be incorporated, comprising a 65% shareholding of Stonepeak and a 35% shareholding of BP, which will focus on Castrol's growth plan in the coming years.
“The transaction is expected to complete by end of 2026, subject to regulatory approvals,” the company disclosed.
Castrol India share price
Castrol India share price closed 1.99% higher at ₹189.60 after Wednesday's stock market session, compared to ₹185.90 at the previous market close, according to the BSE data.
Shares of Castrol India have given stock market investors more than 52.17% returns on their investment in the last five years, but the company's shares have dropped 4.53% in the last one-year period.
On a year-to-date (YTD) basis, the company's shares have lost 7.08% in 2025 and have dropped 2.43% in the last one-month period. However, Castrol India shares are trading 3.85% higher in the last five market sessions on the Indian stock market.
Shares of the company hit their 52-week high level at ₹252 on 6 March 2025, while the 52-week low level stood at ₹162.80 on 28 January 2025, according to the BSE data. The company's market capitalisation (M-Cap) stood at ₹18,753.76 crore as of the stock market close on Wednesday, 24 December 2025.
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Disclaimer: This story is for educational purposes only. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
