Castrol India Limited’s (NSE:CASTROLIND) stock price dropped 3.4% last week; public companies would not be happy
Key Insights
- Significant control over Castrol India by public companies implies that the general public has more power to influence management and governance-related decisions
- 51% of the company is held by a single shareholder (BP p.l.c.)
- Institutional ownership in Castrol India is 19%
A look at the shareholders of Castrol India Limited (NSE:CASTROLIND) can tell us which group is most powerful. And the group that holds the biggest piece of the pie are public companies with 51% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
And following last week’s 3.4% decline in…
