Castrol India shares surge 9% after BP to sell 65% stake to StonepeakCastrol India shares surge 9% after BP to sell 65% stake to Stonepeak

Introduction

Leading energy major agreed to sell a majority stake in its lubricant business to a private equity firm at $10 billion enterprise value, aiming to reduce debt and streamline operations.

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Share price movement of Castrol India

On December 24, 2025, Castrol India Ltd opened at ₹187.25, up 0.71% from its previous close of ₹185.90. The stock reached a high of ₹202.50 (8.94%) and a low of ₹183.90. By 3:01 PM, it traded at ₹190.40, a 2.42% increase, with a market cap of ₹18,832.89 crore.

BP to Sell 65% Castrol Stake

British Petroleum (BP) agreed to sell a 65% stake in Castrol to Stonepeak at a $10 billion enterprise value. The deal generates net proceeds of about $6 billion.

BP plans to use proceeds to reduce net debt from $26.1 billion towards its $14 to 18 billion target by 2027. The transaction follows a strategic review of Castrol’s business.

The deal will create a joint venture with 65% owned by Stonepeak and 35% by BP. Completion is expected by end 2026, subject to regulatory approvals and a two-year lock-up period.

Stock performance of Castrol India for Period of 1 week, 6 months, and 1 year

Castrol India Ltd delivered a 1.68% return over the past week, declined 14.3% in the past six months, and fell 6.23% over the past year.

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Shareholding pattern of Castrol India

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	51.00%	51.00%	51.00%
FII	10.30%	10.30%	10.60%
DII	15.00%	14.90%	14.60%
Public	23.80%	23.80%	24%

About Castrol India

Castrol India Ltd (NSE: CASTROLIND) manufactures and markets automotive and industrial lubricants, providing related services. The company focuses on high-quality products and solutions for vehicles, machinery, and industrial applications across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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