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CPPIB and Stonepeak to launch open offer for Castrol India stake

pre-market1 source ↓written by the desknot a recommendation

in Castrol India
26% stake
targeting
25.71 crore shares
₹194.04 per share
over the recent
2.5% premium
closing price
₹191.40

Canada Pension Plan Investment Board and Stonepeak will make an open offer to acquire 26% stake in Castrol India, targeting 25.71 crore shares at ₹194.04 per share. This represents a 2.5% premium over the recent closing price of ₹191.40. The total consideration could reach ₹4,990 cr following BP's agreement to sell a 65% stake in the firm.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 27 Dec 2025, 07:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

CASTROLIND closed −1.7% on the day of the news, from ₹193.48 to ₹190.18; Nifty −0.4% over the same session.

Bulletin at 07:04 IST on 27 Dec 2025. Every change is measured from ₹193.48, the last close before it, on 26 Dec. Nifty 50 is measured over the same sessions.

  • CASTROLIND close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
CASTROLIND closes around the bulletin against the close before the news, with Nifty 50 rebased to it177.85193.48209.11axis spans 18%before the news · 26 Dec193.48Nifty 50CASTROLINDbulletinD0+1+3+519 Dec1 Jan12 JanReference close ₹193.48. 16 sessions from 19 Dec to 12 Jan; the price axis spans 18 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before26 Dec₹193.48basebase
On the day29 Dec₹190.18▼ −1.7%▼ −0.4%−1.3 pp difference
+1 session30 Dec₹188.65▼ −2.5%▼ −0.4%−2.1 pp difference
+3 sessions1 Jan₹190.79▼ −1.4%▲ +0.4%−1.8 pp difference
+5 sessions5 Jan₹191.64▼ −0.9%▲ +0.8%−1.8 pp difference
Gap at the open, % · ₹
▼ −0.5%−0.87 on 29 Dec
Day's range, % · ₹
2.3%≈ 4.4 high to low
Volume on the day
1.22×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

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