Castrol India, engaged in automotive lubricants business, witnessed a rise in share price on Thursday after it announced a substantial rise in standalone net profit for the quarter ended June 2015.  During the quarter, the profit of the company rose 48.31% to Rs 1,845 million from Rs 1,244 million  in the same quarter last year.

Revenues for the quarter  rose marginally 1.08% to Rs 9,236 million, compared with Rs 9,137 million for the prior year period.

Shares of Castrol India are trading at Rs 510, up Rs 4.85, or 0.96% at the Bombay Stock Exchange (BSE) on Thursday at 9:46 a.m.

The scrip has touched an intra-day high of Rs 512.25 and low of Rs 507.80. The total volume of shares traded at the BSE is 32,594.