Savita Oil Technologies is currently trading at Rs. 359.65, up by 26.30 points or 7.89% from its previous closing of Rs. 333.35 on the BSE.

The scrip opened at Rs. 344.00 and has touched a high and low of Rs. 363.00 and Rs. 343.00 respectively. So far 58363 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 365.20 on 17-Oct-2023 and a 52 week low of Rs. 231.95 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 365.20 and Rs. 319.00 respectively. The current market cap of the company is Rs. 2485.20 crore.

The promoters holding in the company stood at 71.92%, while Institutions and Non-Institutions held 9.57% and 18.51% respectively.

Savita Oil Technologies has successfully commissioned new Synthetic Ester manufacturing plant at its facility in Mahad. This multipurpose plant designed to manufacture Synthetic Esters for Transformer Fluid applications, will also have the capability to manufacture Synthetic Esters for high performance Automotive and Industrial Lubricants. Synthetic Esters, because of their high thermal stability and good dielectric properties, are also the preferred choice for use as Electric Vehicle (EV) Coolants, Immersion Cooling of batteries as well as Data Center Cooling Fluids.

With the commissioning of this plant, the company will be the first company in the world to manufacture and market all three classes vis. Mineral Oil Based, Natural Ester Based as well as Synthetic Ester Based Transformer Fluids. Based on Esters from this plant, the company plans to launch a new range of EV Coolants as well as Immersion Cooling Fluids. 

Savita Oil Technologies has been pioneering petroleum speciality products. It exports its products across the globe and is known for its customization and innovative packaging like Flexitanks, ISO tanks and optimized drum-stacking systems.