SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Essar Oil gains on tying up with Cafe Coffee Day to increase non-fuel revenues

31 Aug 2012 Evaluate

Essar Oil is currently trading at Rs. 46.95, up by 0.25 points or 0.54% from its previous closing of Rs. 46.70 on the BSE.

The scrip opened at Rs. 46.50 and has touched a high and low of Rs. 49.10 and Rs. 46.00 respectively. So far 84,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 99.00 on 09-Sep-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. 53.10 and Rs. 46.00 respectively. The current market cap of the company is Rs. 6,411.00 crore.

The promoters holding in the company stood at 15.96% while Institutions and Non-Institutions held 3.64% and 6.40% respectively.

Essar Oil has formed a marketing tie-up with Cafe Coffee Day (CCD) wherein it will be open outlets at the former’s petrol pumps. CCD has opened its first outlet at Essar’s petrol pump located on the Pune-Ahmednagar highway. This tie-up with CCD is an attempt by the company to increase its non-fuel revenues and an effective use of available land in its retail outlet’s premises. Besides, the company expects non-fuel revenues to contribute significantly to its growth in the coming few years.

Essar Oil is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to refining and oil retail. It has got 1,400 retail networks and has existing tie-ups with around 23 brands across segments like lubricants, agro products, banking and financial services and food and beverage companies.

Cafe Coffee Day currently operates 1,100 outlets across the country in three formats-- lounges, cafes and kiosks and plans to have 2,000 outlets by 2014.

Peers
Company Name CMP
Reliance Industries 1432.80
Indian Oil Corp. 147.10
BPCL 307.85
HPCL 395.45
MRPL 156.05
View more..

About MoneyWorks4Me

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.

Our Vision

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.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×