Continental Petroleums is currently trading at RS. 128.90, rising by 1.40 points or 1.10% from its previous close of RS. 127.50 on the BSE.

The stock opened at RS. 127.50 and recorded an intraday high of RS. 131.85 and a low of RS. 126.00. A total of 3439 shares have been traded so far.

Classified under BSE group 'X', the stock has a face value of RS. 5 and has touched a 52-week high of RS. 137.00 on January 22, 2025, and a 52-week low of RS. 66.00 on June 7, 2024. In the past week, it traded between RS. 134.80 and RS. 118.80. The company's current market capitalization stands at RS. 70.18 crore.

Promoters hold 34.41% stake in the company, while the remaining 65.59% is held by non-institutional investors.

In a key development, Continental Petroleums has received a Letter of Intent (LOI) from Jaipur Vidyut Vitran Nigam Ltd. (JVVNL), a Government of Rajasthan undertaking. The project involves the development of distribution infrastructure for the segregation of 11 KV mixed feeders in Jhalawar under the Revamped Reforms-Based and Results-Linked Distribution Sector Scheme (RDSS), contract number JVVNL/TN-556. The contract is valued at RS. 32.64 crore and is expected to be completed within 16 months.

With over three decades of experience, Continental Petroleums is a progressive company engaged in manufacturing lubricants and greases, handling hazardous waste incineration, and executing EPC projects, maintaining a strong foothold in the energy and industrial sectors.