Essar Oil, the leading player in energy sector and a subsidiary of Essar Energy, witnessed a rise in share price on Thursday after it announced that the company have commissioned second Hydrogen Manufacturing Unit (HMU) of 105 Knm3/hr capacity at company's refinery, which would provide flexibility and reliability to overall refinery operations.

Shares of the company are trading at Rs 109.40, up Rs 2.95, or 2.77% at the Bombay Stock Exchange (BSE) on Thursday at 10:51 a.m.

The scrip has touched an intra-day high of Rs 110.05 and low of Rs 108.50. The total volume of shares traded at the BSE is 31,121.