Meanwhile, the BSE Sensex was up 160.53 points or 0.82% at 19,824.17.
On BSE, 1.12 lakh shares were traded in the counter as against average daily volume of 8.03 lakh shares in the past one quarter.
The stock hit a high of Rs 71.10 and a low of Rs 69.30 so far during the day. The stock had hit a 52-week high of Rs 75.20 on 7 January 2013. The stock had hit a 52-week low of Rs 44.80 on 18 January 2012.
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The stock had underperformed the market over the past one month till 11 January 2013, rising 0.51% compared with the Sensex's 1.43% rise. The scrip had, however, outperformed the market in past one quarter, jumping 15.89% as against Sensex's 4.57% surge.
The mid-cap company has equity capital of Rs 1427.59 crore. Face value per share is Rs 10.
Shares of Essar Oil had declined 5.26% in four trading sessions to settle at Rs 69.30 on Friday, 11 January 2013, from a recent high of Rs 73.15 on 7 January 2013.
Essar Oil reported net profit of Rs 105 crore in Q2 September 2012, compared with net loss of Rs 166 crore in Q2 September 2011. Net sales rose 62% to Rs 20963 crore in Q2 September 2012 over Q2 September 2011. The company unveils Q3 December 2012 results on 15 January 2013.
Essar Oil is a fully integrated oil & gas company of international scale with strong presence across the hydrocarbon value chain from exploration & production to refining and oil retail. There are more than 1,600 Essar-branded oil retail outlets in various parts of India.
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