{"id":280755,"date":"2026-09-30T12:28:41","date_gmt":"2026-09-30T06:58:41","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=280755"},"modified":"2026-09-30T12:28:41","modified_gmt":"2026-09-30T06:58:41","slug":"savita-oil-share-price-record-high-reversal","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/savita-oil-share-price-record-high-reversal\/","title":{"rendered":"Savita Oil Share Price Hits 20% Upper Circuit at Record Rs 862.80, Then Gives Up Most Gains: Book Profits or Hold?"},"content":{"rendered":"

Savita Oil record high Rs 862.80 (BSE), 20% upper circuit. Rs 735.60 by 12:23 PM, up 2.6%. Q1 FY27 revenue Rs 1,513 crore. ICICI Securities target Rs 950.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Savita Oil share price hit a 20% upper circuit at a record Rs 862.80 on the BSE on 30 September 2026, but then gave up most of the move to trade near Rs 735.60 by 12:23 PM. The rally was driven by strong demand for transformer oils and a record June quarter, when revenue rose 49.2% and profit before tax jumped 434.7%. ICICI Securities has a Buy rating with a target of Rs 950. The sharp intraday reversal shows heavy profit booking at record levels.<\/p>\n<\/div>\n

Savita Oil share price had a wild session on Wednesday. The stock opened at the 20% upper circuit of Rs 860.40 on the NSE and touched a record Rs 862.80 on the BSE, as more than 2 million shares changed hands in the first 17 minutes of trade across both exchanges.<\/p>\n

The rally in Savita Oil share price did not hold. Selling picked up through the morning, and by 12:23 PM the stock was trading at Rs 735.60 on the NSE, up just 2.59% from the previous close of Rs 717 and about 15% below the day’s high. Total NSE volume had crossed 2.19 crore shares by then.<\/p>\n

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