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BUZZ-Castrol India falls; co warns of volatility in first half of 2017
February 22, 2017 / 4:22 AM / 10 months ago

BUZZ-Castrol India falls; co warns of volatility in first half of 2017

** Shares of Castrol India fall as much as 2.7 pct to 421.5 rupees

** Co posts 10.7 pct gain in Dec-qtr profit on Tuesday, but warns of higher volatility in the first half of 2017

** Cites rising input costs and continued impact from govt's move to withdraw high-currency notes, according to statement (bit.ly/2mk2uZC)

** Stock posts biggest intraday percentage fall since Jan 20

** Up to Tuesday’s close, stock had gained about 14 pct this year

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