Who wrote this article?

Aakash Agarwal, Capitalmind's research team.

Pari Washington India Master Fund increases stake in Savita Oil Technologies to 5.33%

9 Jun 2016Aakash Agarwal1 min read

Quick Facts

What is "Pari Washington India Master Fund increases stake in Savita Oil Technologies to 5.33%" about?
What category is this article in?: Stocks
Who wrote this article?: Aakash Agarwal, Capitalmind's research team.
When was this article published?: Published 9 June 2016.
How long does this article take to read?: 1 min read
What does the "Disclaimer" section say?: Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

Savita Oil Technologies is a leading manufacturer of petroleum specialities, which include products such as petroleum sulphates, transformer oils / white oils and petroleum jellies, among other speciality products like Waxes and Wax Derivatives, Cable Filling Compound, Water Engine Coolant, etc.

Pari Washington India Master Fund – a Mauritius based entity of the CIM Group which held 727,664 shares representing 4.98% of the share capital, purchased an additional stake of 0.35%.

With this purchase its shareholding **now stands at 778,943 shares or 5.33%. **The stock closed at Rs. 588.75/- down close to 1%.

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Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.