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HomeSHARE MARKETSBI Bought 20.73 Lakh Shares At Rs 408; Massive Share Rise After...

SBI Bought 20.73 Lakh Shares At Rs 408; Massive Share Rise After SBI Mutual Fund Buying

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Savita Oil Technologies Ltd (NSE: SOTL): This company is Savita Oil Technologies Ltd. Savita Oil Technologies Limited is an Indian lubricants and petroleum specialty oil production company. 

Its headquarters is in Mumbai, Maharashtra. The share opened at Rs 425.90 against the price of Rs 412.65 on Tuesday. The share crossed Rs 450. Now let us give you information about share purchase.

After the market opened, SBI Mutual Fund bought 20.73 lakh shares i.e. 3 percent stake at the price of Rs 408. Mehra Syndicate, which is a promoter of the company, has sold shares. Earlier, promoters held a 71.92% stake in Savita Oil Technologies.

Apart from this, HDFC Mutual Fund has a 7.4% stake. The company has also recently divided one share into 10 parts. Also, announced a buyback in March 2021. Bought 2.51 lakh shares through tender route for Rs 1400.

About Savita Oil Technologies Ltd Company 

Savita Oil Technologies Limited is an Indian company which manufactures special petroleum products.

The segments of the company are Petroleum Products and Wind Power.

Petroleum Products Segment: Transformer oils, white mineral oils, paraffin liquids, and oil lubricants among others.

Wind Power Segment: Engaged in the production of electricity using the use of wind power facilities.

Transformer oil: Transol GE, Transol GEP, Transol GEX, Transol GEPX, Transol HGX, Transol GA, Transol GAP and many more. Two types of mineral oils are white, comprising Savonol Technol.

The Company provides Savogel products that include Ultima white and snow white petroleum jelly, as well as yellow petroleum jelly.

Other products from the company are HP500 as well as HP5000 (Microcrystalline wax) PE100, PE1000F as well PE100 (Polyethylene wax), BW300 (Oxidized Polyethylene wax), and MI35, MA35 as well as S5 (Wax Emulsions).

It also has two products for copper cables. These include Savofil as well as Savoflod.

Fundamental Analysis of Savita Oil Technologies Ltd

Market Cap₹ 3,012 Cr.
Current Price₹ 437.65
52-wk High₹ 485
52-wk Low₹ 232
Stock P/E14.5
Book Value₹ 221
Dividend0.91 %
ROCE24.2 %
ROE16.1 %
Face Value₹ 2.00
P/B Value2.01
OPM7.07 %
EPS₹ 30.1
Debt₹ 0.09 Cr.
Debt to Equity0.00

Savita Oil Technologies Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹440₹472
2025₹475₹505
2026₹510₹525
2027₹526₹535
2028₹538₹542
2029₹600₹622
2030₹620₹689
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Savita Oil Technologies Ltd Shareholding Pattern

Promoters Holding
Dec 202271.81%
Mar 202371.92%
June 202371.92%
Sept 202371.92%
Dec 202371.92%
FII Holding
Dec 20221.87%
Mar 20231.92%
June 20231.86%
Sept 20231.73%
Dec 20231.41%
DII Holding
Dec 20227.40%
Mar 20237.40%
June 20237.72%
Sept 20237.42%
Dec 20237.40%
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Public Holding
Dec 202218.93%
Mar 202318.76%
June 202318.50%
Sept 202318.95%
Dec 202319.28%

Savita Oil Technologies Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 2,261 Cr
2020₹ 2,044 Cr
2021₹ 1,911 Cr
2022₹ 2,937 Cr
2023₹ 3,723 Cr

Last 5 Years’ Net Profit:

2019₹ 114 Cr
2020₹ 96 Cr
2021₹ 224 Cr
2022₹ 260 Cr
2023₹ 208 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

20190.28
20200.14
20210.2
20220
20230

Last 10 Years’ Profit Growth:

10 Years:13%
5 Years:12%
3 Years:33%
Current Year:-17%

Last 10 years’ Return on Equity (ROE):

10 Years:15%
5 Years:17%
3 Years:20%
Last Year:16%

Sales Growth Over 10 Years:

10 Years:6%
5 Years:15%
3 Years:21%
Current Year:7%

Conclusion

This article is a complete guide about Savita Oil Technologies Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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