Savita Oil Technologies Limited (SOTL.NS)
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 $699.15, up 2.53% on the session, giving a market capitalisation of $47.93B. Its beta of 0.54 implies it has historically moved less than the broad market.
Headquartered in Mumbai, India, Savita Oil Technologies Limited was founded in 1961, initially operating as Savita Chemicals Limited. This company engages in two primary business divisions: manufacturing petroleum products and generating wind power. Within its petroleum segment, Savita produces and supplies a diverse range of specialized items, including various oils such as transformer, white, liquid paraffin, and lubricating oils, the latter sold under the Savsol brand. Their product line also encompasses petrolatum, petroleum jellies, and compounds tailored for cable filling and optical fibers. Furthermore, the company offers an assortment of waxes and their derivatives, such as microcrystalline, polyethylene, and oxidized polyethylene waxes, alongside wax emulsions. Beyond its substantial domestic sales within India, Savita Oil Technologies actively exports its products globally.
Savita Oil Technologies Limited is most often compared with the following Basic Materials names: