May 12, 2013, 05.45 PM IST | Source: PTI

Essar Oil bullish on distribution, to add 50 more outlets

Essar Oil is looking to ramp up its retail network by adding around 50 new franchisees and five company-owned outlets this fiscal on the back of steps taken by the government to get diesel prices in sync with the crude price.

Essar Oil stock price

On August 22, 2014, Essar Oil closed at Rs 121.00, up Rs 0.00, or 0.00 percent. The 52-week high of the share was Rs 123.00 and the 52-week low was Rs 44.50.

The company's trailing 12-month (TTM) EPS was at Rs 11.07 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 10.93. The latest book value of the company is Rs 8.18 per share. At current value, the price-to-book value of the company is 14.79.

READ MORE ON  Essar Oil, crude, refiner
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