Savita Oil Technologies Limited (SOTL.BO)
Savita Oil Technologies Limited operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Mumbai, MA, IN. The stock last traded at $699.50, up 2.64% on the session, giving a market capitalisation of $48.03B. Its beta of 0.56 implies it has historically moved less than the broad market.
Savita Oil Technologies Limited is an Indian enterprise primarily involved in the manufacturing and distribution of a diverse range of petroleum products. Its operational scope is divided into two main areas: Petroleum Products and Wind Power. The company's comprehensive product lineup features specialized oils like transformer oil, white oil, and liquid paraffin, along with various lubricants sold under its proprietary Savsol brand. It further supplies petrolatum, petroleum jellies, and compounds specifically designed for cable and optical fiber applications. Additionally, Savita Oil Technologies offers an extensive array of waxes and their derivatives, including microcrystalline, polyethylene, and oxidized polyethylene waxes, as well as wax emulsions. Beyond its core petroleum business, the firm actively participates in the generation and sale of wind energy and exports its goods globally. Established in 1961, the company, originally known as Savita Chemicals Limited, maintains its headquarters in Mumbai, India.
Savita Oil Technologies Limited is most often compared with the following Basic Materials names: