Support and Resistance Levels
Past performance
About Savita Oil Technologies Ltd Savita Oil Technologies Ltd, formerly Savita Chemicals Ltd, is a leading Indian company engaged in the manufacturing of petroleum specialty products and the generation of wind energy. Established in 1961, the company boasts a diverse product portfolio, including transformer oils, liquid paraffins, white oils, automotive and industrial lubricants, coolants, and greases. Known for its innovation, Savita Oil was the first in India to produce several specialty products and continues to expand its offerings, recently launching biodegradable engine oils like SAVSOL Bio Boost.
The company has also invested significantly in renewable energy, with a wind power capacity of 54.15 MW across India. This includes various projects in Maharashtra, Tamil Nadu, and Karnataka. In 2005, it expanded internationally by establishing a subsidiary in the UAE. Savita Oil's growth strategy includes expanding its market presence across India and enhancing its manufacturing capabilities, as evidenced by its new facility in Silvassa with a production capacity of 150,000 MT annually.