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Savita Oil Technologies jumps on reporting 60% rise in Q1 net profit

23 Jul 2012 Evaluate

Savita Oil Technologies is currently trading at Rs. 475.00, up by 2.50 points or 0.53% from its previous closing of Rs. 472.50 on the BSE.

The scrip opened at Rs. 475.00 and has touched a high and low of Rs. 475.00 and Rs. 475.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 665.00 on 05-Aug-2011 and a 52 week low of Rs. 370.20 on 21-Dec-2011.

Last one week high and low of the scrip stood at Rs. 497.00 and Rs. 470.00 respectively. The current market cap of the company is Rs. 693.00 crore.

The promoters holding in the company stood at 71.56% while Institutions and Non-Institutions held 11.90% and 16.54% respectively.

On standalone basis, the company has posted a rise of 60.05% in its net profit at Rs 47.79 crore for the quarter ended June 30, 2012 as compared to Rs 29.86 crore for the same quarter in the previous year.  Total income has increased by 20.30% at Rs 525.09 crore for quarter under review as compared to Rs 436.48 crore for the quarter ended June 30, 2011.

Savita Oil Technologies is engaged in the business of manufacturing and distributing varied range of petrochemicals. Its product portfolio includes liquid paraffin, transformer oil, white oil, petroleum jellies, cable filling compound, emulsifiable polyethylene wax, automotive and industrial lubricants amongst others. The products manufactured find industrial applications in pharmaceuticals, cosmetic, plastic, agriculture and veterinary.

Savita Oil Tech Share Price

363.05 -2.25 (-0.62%)
17-Apr-2026 16:59 View Price Chart
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