You are here » Home » Companies » Company Overview » Savita Oil Technologies Ltd

Savita Oil Technologies Ltd.

BSE: 524667 Sector: Industrials
NSE: SOTL ISIN Code: INE035D01012
BSE 12:57 | 25 May 1054.00 -33.35
(-3.07%)
OPEN

1070.00

HIGH

1076.40

LOW

1054.00

NSE 12:54 | 25 May 1060.10 -14.20
(-1.32%)
OPEN

1086.00

HIGH

1096.05

LOW

1053.20

OPEN 1070.00
PREVIOUS CLOSE 1087.35
VOLUME 154
52-Week high 1700.00
52-Week low 900.05
P/E 11.96
Mkt Cap.(Rs cr) 1,509
Buy Price 1060.00
Buy Qty 10.00
Sell Price 1073.90
Sell Qty 5.00
OPEN 1070.00
CLOSE 1087.35
VOLUME 154
52-Week high 1700.00
52-Week low 900.05
P/E 11.96
Mkt Cap.(Rs cr) 1,509
Buy Price 1060.00
Buy Qty 10.00
Sell Price 1073.90
Sell Qty 5.00

Savita Oil Technologies Ltd. (SOTL) - Company History

Promoted by N K Mehra and incorporated as Staffuer Chemicals Pvt Ltd in Jul.'61, the name of the company was changed to Savita Chemicals (SCL) in Feb.'65. It became a full-fledged public limited company in Apr.'94. It started operations in 1961, manufacturing liquid paraffin, an import substitute, for the first time in India at its plant in Bombay. Since then, it has expanded its product profile and is today one of the leading manufacturers of petroleum specialities, which include products such as petroleum sulphonates, transformer oils / white oils and petroleum jellies, among other speciality products. The company has tied up with a Japanese oil major, Idemitsu, which will supply the technical know-how to manufacture and market its entire range of automotive and industrial lubricants. It launched the automotive range of lubricants under the Idemitsu brand name in Nov.'94 for this project company came with public issue. The demand for company's product is increasing, for this company has plan to expand its network in Western, Northern and Southern India. SCL has initiated steps for obtaining the ISO 9001 certificate. Company has establish of power plant to generate, distribute & Supply electric based on Wind Energy at Satara District, Maharashtra. The Plant Was Commissioned on March-99. This power generage plant will be used for captive consumption & also supply to third parties on commercial basis. Development work is continuing on Sulfonates,Hot Melt Adhesives and Speciality Waxes.