SAVITA OIL TECHNOLOGIES LTD

CLOSED 🏷️ TENDER OFFER

Share Buyback · Listed Equity · IPO Guide · Scrip: SOTL

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Buyback Summary: Company is offering to buy back equity shares at ₹1,605.00 per share. (Record Date: 12 Jun 2019)
Buyback Price
₹1,605
Total Shares
251,000
Record Date
12 Jun 2019
Buyback Dates
16 Jul – 29 Jul 2019
Expert Rating
Neutral

The financials of the company shows bottom-line increase with zig-zag top-line, RoCE is around 13.42% and at CMP its looks reasonably priced. So we give NEUTRAL rating to this buyback.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

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