Savita Oil Technologies – Robust Growth Momentum Led By Healthy Volume, Better Product Mix: HDFC Securities Initiates Coverage


BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. 

HDFC Securities Retail Research

Savita Oil Technologies Ltd., is engaged in manufacturing petroleum derivatives specialty products like transformer oil, liquid paraffin, petroleum jelly, white mineral oil, automotive and other industrial lubricants.

The products manufactured have wide industrial applications in pharmaceuticals, cosmetic, plastic, power, industrial and automotive industries.

Savita Oil operates four world-class manufacturing facilities across Navi Mumbai and Mahad in Maharashtra and Silvassa in Dadra and Nagar Haveli and Daman and Diu, with combined refining capacities of 450,000 kilolitres per annum.

With a sales volume in excess of 3,00,000 thousand litre, Savita Oil is one of the largest manufacturers of petroleum speciality oils and lubricants in India. It is the market leader in transformer oil and white oils.

The company also operates wind power plant, with a capacity of 53.80 mega watt.

Savita Oil is one of the major players in auto and industrial lubricants sector and has been in the business of manufacturing lubricants for over 58-years. It has recently tied up with Tata Motors Ltd., Mahindra and Mahindra Ltd., Swaraj tractors and Aegis Logistics Ltd. for supply.

It has taken the initiative to sell farm based bio-degradable oils even though these are slightly expensive.

Click on the attachment to read the full report:


This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.


Source link

What is your reaction?

In Love
Not Sure

You may also like

Comments are closed.

More in:Business