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Castrol India: Volume and margin gains
Economic revival aided volume growth, while lower input costs boosted profitability. Even after Castrol India reported a 70 per cent rise in net profit to Rs 80.80 crore for the fourth quarter ended December 2009 and announced a bonus of one share for every one held, the Street wasn’t impressed. Castrol’s stock was the biggest loser among Group-A stocks on Thursday. It declined 8.08 per