Essar Oil hikes petrol, diesel prices

Date: 17-06-2009

Private sector refiner Essar Oil on Tuesday hiked prices of petrol and diesel by Rs 1-2.50 a litre and Rs 1-2 a litre respectively as international crude oil prices has risen to a seven-month high of USD 71 a barrel.


Depending on the location of a fuel station, Essar Oil will accordingly sell petrol at between Rs 45.85 to Rs 47.35, while diesel will be sold at between Rs 35.45 to Rs 36.45 in Mumbai. However, there will be no hike on fuel retailed in Gujarat owing to proximity to its refinery at Vadinar.


The company till Tuesday sold petrol and diesel at rates at par with state-run refiners Indian Oil Corporation, Bharat Petroleum and Hindustan Petroleum. Oil PSUs sell petrol at Rs 44.85 per litre in Mumbai and Rs 40.62 per litre in Delhi. Diesel is sold at Rs 34.45 per litre in Mumbai, while the same costs Rs 30.86 per litre in Delhi.


The Ruias-led company does not operate any petrol station in Delhi and hence petrol rates for the entire northern region will range from Rs 41.62 to Rs 43.12. Diesel in the northern states will be sold at between Rs 31.86 to Rs 32.86.crackcrack
Latest Financials

Latest Financials

 - Nayara Energy Ltd.

  Standalone Consolidated
TTM EPS (Rs) 1.93 3.97
TTM Sales (Rs. Cr.) 70,861 70,815
BVPS (Rs.)
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34.36 25.61
Reserves (Rs. Cr.)
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3,715 2,446
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7.64 10.25
It is the ratio of market price and earnings per share. It shows what the market is willing to pay for the company's earnings. To get high returns it is advisable to invest in the company which satisfies all the criteria set by MoneyWorks4me and which has low price to earnings ratio as compared to the industry.
135.84 66.17
From the Market
52 Week High / Low (Rs) 263.30/260.50
All Time High / Low (Rs) 360.00/3.05
Volume Traded 43,917
Market Cap (Rs. Cr.) 38,095
Equity (Rs. Cr.) 1,450.67
Face Value (Rs) 10
Industry PE
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65.70 0.00 (0.00%)
Feb 09, 16:38
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