Savita Oil Technologies is currently trading at Rs. 359.65, up by 26.30 points or 7.89% from its previous closing of Rs. 333.35 on the BSE.
The scrip opened at Rs. 344.00 and has touched a high and low of Rs. 363.00 and Rs. 343.00 respectively. So far 58363 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 365.20 on 17-Oct-2023 and a 52 week low of Rs. 231.95 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 365.20 and Rs. 319.00 respectively. The current market cap of the company is Rs. 2485.20 crore.
The promoters holding in the company stood at 71.92%, while Institutions and Non-Institutions held 9.57% and 18.51% respectively.
Savita Oil Technologies has successfully commissioned new Synthetic Ester manufacturing plant at its facility in Mahad. This multipurpose plant designed to manufacture Synthetic Esters for Transformer Fluid applications, will also have the capability to manufacture Synthetic Esters for high performance Automotive and Industrial Lubricants. Synthetic Esters, because of their high thermal stability and good dielectric properties, are also the preferred choice for use as Electric Vehicle (EV) Coolants, Immersion Cooling of batteries as well as Data Center Cooling Fluids.
With the commissioning of this plant, the company will be the first company in the world to manufacture and market all three classes vis. Mineral Oil Based, Natural Ester Based as well as Synthetic Ester Based Transformer Fluids. Based on Esters from this plant, the company plans to launch a new range of EV Coolants as well as Immersion Cooling Fluids.
Savita Oil Technologies has been pioneering petroleum speciality products. It exports its products across the globe and is known for its customization and innovative packaging like Flexitanks, ISO tanks and optimized drum-stacking systems.
| Company Name | CMP |
|---|---|
| Castrol India | 198.55 |
| Savita Oil Tech | 478.20 |
| Gulf Oil Lubricant | 1023.95 |
| Gandhar Oil Refinery | 205.35 |
| Panama Petrochem | 326.55 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
Become a savvy and confident
stock investor.
Don't miss out! First 10 users today get it FREE
Download APP
