Essar Oil is currently trading at Rs 63.80, up by 1.35 points or 2.16% from its previous closing of Rs 62.45 on the BSE.
The scrip opened at Rs 60.50 and has touched a high and low of Rs 65.70 and Rs 58.50 respectively. So far 3072758 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 147.80 on 11-Apr-2011 and a 52 week low of Rs 44.80 on 18-Jan-2012.
Last one week high and low of the scrip stood at Rs 64.50 and Rs 51.00 respectively. The current market cap of the company is Rs 8753.93 crore.
The promoters holding in the company stood at 15.96% while Institutions and Non-Institutions held 4.22% and 5.83% respectively.
Essar Oil recently commenced the production of viscosity grade (VG) bitumen from its Vadinar Refinery. Viscosity grade bitumen conforms to the BIS (Bureau of Indian Standards) standard IS 73:2006, which has been widely adopted by the Ministry of Road Transport and highways (MoRTH), National Highway Authority of India (NHAI), Directorate General of Supplies and Disposal (DGSD) and all the government Public Work Department (PWDs).
MoRTH, in consultation with BIS, has revised bitumen specifications from penetration grade to viscosity grade in a bid to enhance the durability of Indian roads. The move was aimed at overcoming the limitations of penetration grade bitumen that was in vogue earlier.
Further, the company has successfully produced superior performance VG grade bitumen (VG 30) by processing a judicious mix of crudes and blending components. The Vadinar Refinery is equipped with a state of the art laboratory, which is dedicated to developing superior grade petro products that find acceptance in both domestic and international mark
| Company Name | CMP |
|---|---|
| Reliance Industries | 1360.90 |
| Indian Oil Corp. | 147.45 |
| BPCL | 317.95 |
| HPCL | 380.55 |
| MRPL | 183.20 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: