Essar Oil is currently trading at Rs. 87.80, up by 0.45 points or 0.52% from its previous closing of Rs. 87.35 on the BSE.
The scrip opened at Rs. 88.05 and has touched a high and low of Rs. 88.15 and Rs. 86.60 respectively. So far 98039 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 161.00 on 05-Nov-2010 and a 52 week low of Rs. 81.80 on 19-Aug-2011.
Last one week high and low of the scrip stood at Rs. 93.30 and Rs. 81.80 respectively. The current market cap of the company is Rs. 11929.10 crore.
The promoters holding in the company stood at 15.96% while Institutions and Non-Institutions held 4.84% and 5.20% respectively.
Essar Oil is planning to raise up to $1.5 billion in foreign currency loans to fund expansion hampered by the current downturn in global markets, forcing the company to seek for other options in tough market conditions.
The company had planned to raise the funds through a mix of equity shares, convertible debentures, global depository shares or American depository shares or foreign currency convertible bonds by way of public and/or private offering in domestic or international market(s) and/or qualified institutional placement.
Essar Oil, a fully integrated Oil and Gas Company of international scale which is engaged in the exploration and production of oil and gas, refining of crude oil, and marketing of petroleum products. The company’s profit for the quarter ended June 30, 2011 jumped at Rs 469.00 crore as compared to loss of Rs 70.00 crore for the corresponding quarter last year. Its total income grown by 42.26% at Rs 15,024 crore for the quarter under review from Rs 10,561 crore for the same quarter last year.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1365.10 |
| Indian Oil Corp. | 145.85 |
| BPCL | 312.05 |
| HPCL | 370.95 |
| 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: