Essar Oil rose 2.54% to Rs 101.10 at 12:31 IST on BSE, with the stock recovering on bargain hunting after recent slide.
Meanwhile, the S&P BSE Sensex was down 158.81 points or 0.59% at 26,609.58.
On BSE, so far 13,000 shares were traded in the counter as against average daily volume of 70,116 shares in the past one quarter.
The stock hit a high of Rs 102.90 and a low of Rs 99.75 so far during the day. The stock had hit a 52-week high of Rs 132.50 on 10 September 2014. The stock had hit a 52-week low of Rs 91.85 on 27 November 2014.
The stock had underperformed the market over the past one month till 5 June 2015, sliding 6.63% compared with Sensex's 2.45% fall. The scrip had, however, outperformed the market in past one quarter, declining 9% as against Sensex's 9.1% fall.
The large-cap firm has equity capital of Rs 1511.44 crore. Face value per share is Rs 10.
Shares of Essar Oil had declined 6.71% in six trading sessions to settle at Rs 98.60 on Friday, 5 June 2015, from a recent high of Rs 105.70 on 28 May 2015.
Essar Oil's net profit fell 45.8% to Rs 546 crore on 38.3% decline in net sales to Rs 15563 crore in Q4 March 2015 over Q4 March 2014.
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.
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