Continental Petroleums Ltd Share Price (523232)

Continental Petroleums Ltd, a listed Company at the Mumbai Stock Exchange, has been operating a complete plant in the Behror RIICO Industrial Area of Rajasthan since 198889. The facility manufactures various lubricants and greases for automotive and industrial applications. As part of the company’s mission, it markets its products, like consumer packs and standard barrels, with the registered trademark Mobolene, in Rajasthan, Madhya Pradesh, Punjab, Haryana, and parts of Uttar Pradesh, bringing in a turnover of Rs.750 lakhs per annum.

Covering an area of 20000 sq. meters and deploying 40-45 managerial and semi-skilled staff and workers in the plant, the facility has scope for expansion and features processing and blending RD facilities with a capacity of 9000 KL/Annum. It also has tank storage facilities for various raw materiaels, additives, and chemicals, supplied by Lubrizol India Pvt Ltd., a subsidiary of Lubrizol Inc. USA. It additionally imports various oils and chemicals for production, thus making it the largest blending plant in Rajasthan.

Continental Petroleums Ltd is also planning to add a Solvents Manufacturing Unit, aimed to commence production from September 2020. Plus, it has completed a plant for production of fuel oils, pending the mandatory approvals. The company strives to participate in activities of a prestigious nature for better quality of products and value addition.

Share Price: ₹97.50 per share as on 18 Apr, 2024 04:01 PM
Market Capitalisation: ₹54.92Cr as of today
Listing date: 01 Jan, 0001
Chairperson Name: M L Khandelwal