Bulletin Updates

Savita Oil draws a BUY call - brokerage sees 21% upside on specialty-oil margin expansion – 15 Jun 2026

Jun 15, 2026

ICICI Direct has initiated Savita Oil Technologies as a BUY with a Rs 690 target (from Rs 571), citing EBITDA/KL up 23% YoY in FY26 to Rs 4,555 and a projected ~20% CAGR through FY28 on transformer-oil and lubricant price pass-through. A debt-free balance sheet underpins the call.

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