Continental Petroleums rises on securing export orders worth Rs 5.4 crore
Continental Petroleums is currently trading at Rs 125.00, up by 0.20 points or 0.16% from its previous closing of Rs 124.80 on the BSE.
The scrip opened at Rs 125.00 and has touched a high and low of Rs 125.00 and Rs 125.00 respectively. So far 300 shares were traded on the counter.
The BSE group 'X' stock of face value Rs 5 has touched a 52-week high of Rs 137.00 on 22-Jan-2025 and a 52-week low of Rs 81.35 on 14-Nov-2024.
Last one week high and low of the scrip stood at Rs 125.00 and Rs 113.80 respectively. The current market cap of the company is Rs 105.85 crore.
The promoters holding in the company stood at 28.47%, while Institutions held 71.53% stake.
Continental Petroleums has secured new export orders worth $0.65 million (around Rs 5.4 crore) for the supply of high-performance lubricants and greases to international clients. These orders are scheduled for execution during the third and fourth quarters of the current financial year, further strengthening the company’s export portfolio and global presence.
With these new contracts, the company’s total Lubes & Greases order book stands at around Rs 19.36 crore (around $2.3 million), comprising both domestic and international orders.
The company’s continued focus on quality, excellence, innovation, and sustainability has helped it build long-standing relationships worldwide. The new export contracts reflect Continental Petroleum’s growing recognition and demand in international markets, particularly in regions where industrial and automotive lubricant consumption continues to expand.
Continental Petroleums is a dynamic and forward-thinking company with over three decades of experience in the energy and industrial sectors. Specializing in the manufacturing of lubricants and greases, the incineration of hazardous waste, and EPC projects, it has established a strong presence in these industries.
