So broadly I will say you can classify businesses or stocks into nine categories. There is a very interesting classification given by Mr Peter Lynch in his book One Up On Wall Street and he has talked about stocks of being in six types and we have added three more on top of it.

The funds raised in Series C round will be used to scale up the Online-to-Offline (O2O) business model, network expansion, investment in technology to enhance services and spares platform for two and four-wheeler customers, it added.

According to the voting results published on BSE, 74.58%, including promoters, voted in favour, while 25.42%, including 82.92% of the institutional investors, voted against the resolution. As this was a special resolution, it requires the approval of shareholders holding at least 75% of the total equity.

Stocks that were in focus included names like Jammu and Kashmir Bank which was up nearly 4%, APL Apollo Tubes which rose nearly 2%, and Castrol India which hit a fresh 52-week high on Tuesday.

Castrol India was in focus, rising 3.5 percent to Rs 134.55, the highest closing level since November 15, 2021 and formed healthy bullish candle on the daily charts with above average volumes.

Nagaraj Shetti, Technical Research Analyst, HDFC Securities said, "Nifty witnessed sharp weakness from the intraday highs on Thursday and closed the day lower by 65 points. After opening on a negative note, the market shifted into a range bound action for the better part of the session. An attempt of upside recovery of mid part has failed to sustain and Nifty showed sharp declines towards the end."

Domestically, Nifty opened flat and traded between gains and losses to finally closed flat – up just 6 points at 18,410 levels. Profit booking was seen in Adani group stocks after it rallied ~20-30% in the last few sessions.”

Sharekhan is bullish on Castrol India has recommended buy rating on the stock with a target price of Rs 140 in its research report dated November 01, 2022.

Motilal Oswal is bullish on Castrol India recommended buy rating on the stock with a target price of Rs 140 in its research report dated November 01, 2022.

ICICI Direct recommended hold rating on Castrol India with a target price of Rs 130 in its research report dated November 01, 2022.

Castrol India Ltd. key Products/Revenue Segments include Petroleum Products, Other Operating Revenue and Scrap for the year ending 31-Dec-2021.

Deepak Jasani, Retail Research-Head, HDFC Securities, said, “Nifty rose for the fourth consecutive session on November 1. Nifty opened gap up and remained in a 104 point band through the day. At close, Nifty was up 0.74% or 133.2 points at 18145.4. Among sectors, power, IT and healthcare indices rose the most while Bank index fell marginally. Midcap Index outperformed rising 1.04% while Smallcap index rose just 0.26%.”

Shares of Gujarat Fluorochemicals (Rs 2 per share), Sonata Software (Rs 7 per share), Nestle (Rs 120 per share), Asian Paints (Rs 4.4 per share), Colgate Palmolive (Rs 18 per share), Symphony (Rs 2 per share), Sasken (Rs 12 per share), ICICI Securities (Rs 9.75 per share) and DCM Shriram (Rs 4.6 per share) shall trade ex-dividend today.

3i Infotech, Asahi India Glass, Bharti Airtel, Castrol India, LT Foods, Larsen and Toubro, Saregama Industries, Swaraj Engines, Tata Steel, VST Tillers, Mold-Tek, TCI Express, Equitas Small Finance Bank, Motherson Sumi are among the companies that will announce their results for September 2022 quarter today.

Atul Auto was the top gainer in the small-cap pack as it zoomed 30.44% on the BSE in the last five trading sessions. Infra stock Gayatri Projects rallied over 12% and Jindal Drilling 18.8%

Atul Auto was the top gainer in the small-cap pack as it zoomed 30.44% on the BSE in the last five trading sessions. Infra stock Gayatri Projects rallied over 12% and Jindal Drilling 18.8%

Every company's management declares its short-and-long-term goals. However, they often fail to live up to their promises. Over-promising and under-delivering are key indicators that the investment is a value trap.

Sameet Chavan, Chief Analyst-Technical and Derivatives, Angel One, believes that though the key indices are lacking a bit of momentum, the undertone seems strongly bullish, and as a result, the Nifty is now within a touching distance of the psychological mark of 18,000.

"These are all concept businesses which can scale up really well with high ROIs and once the break-even point is achieved, then the kind of profits that these new-age digital businesses can generate is unimaginable," Mehta added.It will be best to have about 10-15 per cent of your portfolio in these concept stocks

“Markets are volatile. The recession fears and slowdown fears are playing havoc with crude oil prices. Yes, there is a problem in Europe but the recent crash in oil prices is on the back of what is happening in China, multiple lockdowns in large provinces, genuine economic slowdown and challenges as far as the future is concerned. China is probably the largest consumer. So something happening in China significantly reduces oil demand and impacts oil prices.”

Wall Street's main indexes rose more than 1% on Wednesday after data showing a slower-than-expected rise in inflation in July prompted traders to cut their bets on a third straight 75-basis-point interest rate hike in September.

Bharti Airtel, Adani Ports and Special Economic Zone, Power Grid Corporation Of India, Samvardhana Motherson International, Delhivery, Torrent Power, Whirlpool Of India and National Aluminium Company are among companies that will announce their quarterly earnings today.

ICICI Direct recommended hold rating on Castrol India with a target price of Rs 125 in its research report dated August 03, 2022.

Motilal Oswal is bullish on Castrol (India) recommended buy rating on the stock with a target price of Rs 134 in its research report dated August 02, 2022.

Sharekhan is bullish on Castrol India has recommended buy rating on the stock with a target price of Rs 135 in its research report dated August 02, 2022.

Asian stocks opened mixed on Monday as few stocks opened higher whereas Chinese and other markets opened with more losses Monday morning after muted data, which saw a surprise contraction in July, adding to worries about the world's number two economy. MSCI's index of Asia-Pacific shares outside Japan was down by 0.34 per cent.

Castrol India Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 11231.48 Crore) operating in Petrochemicals sector.

Even with bloated portfolio, the fund has put in a good show in recent years and enjoys a solid longer term track record. Yet, investors should watch for performance dilution in the face of continued inflows.

A reasonable negative candle formed on the daily chart, placed beside the small negative candle of the previous session. This pattern indicates choppy movement in the market with a negative bias, said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.

Shares of GG Engineering will go ex-split today. The companies had announced the splitting of shares into face value of Re 1 from the face value of Rs 2.

The 30-share pack Sensex declined marginally by 48.88 points or 0.09 per cent to end the session at 55,769.23. Its broader peer Nifty50 settled 43.70 points or 0.26 per cent but managed to hold the 16,550 mark. Even though the benchmarks declined for 3 out of five sessions, they have managed to end the week with gains for the third straight week.

Under the partnership, Jio-bp, MG Motor and Castrol will explore setting up four-wheeler EV charging infrastructure and expand Castrol's existing auto service network to cater to EV customers, it note.

RO Jewels will go ex-bonus today in 82:32 ratio i.e. 82 new bonus shares for every 32 shares held by existing shareholders. Mishtann Foods will also go ex-bonus today in 1:1 ratio.Kallam Textiles will go ex-rights today

Margins continue to be under pressure due to rising commodity prices and other inflationary costs,” MD Anant Goenka said in the results note.We expect the demand trend may have an impact in the near term on account of a steep rise in prices," Thomas said.Asian Paints' PAT margin fell 202 basis points to 10.96 per cent and Kansai's 720 basis points to 1.24 per cent.

ICICI Direct recommended hold rating on Castrol India with a target price of Rs 110 in its research report dated May 12, 2022.