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Oil India Ltd (OIL)

₹661.91.28%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Oil India Ltd share Performance

  • ₹650.2
    ₹670
    ₹661.9
    downward going graph

    1.77%

    Low

    Day's Volatility:2.99%

    High

    1.22%

    downward going graph
  • ₹240.8
    ₹673.95
    ₹661.9
    downward going graph

    63.62%

    Low

    52 Weeks Volatility:65.44%

    High

    1.82%

    downward going graph
1 Month Return+ 8.07 %
3 Month Return+ 16.12 %
1 Year Return+ 153.99 %
Previous Close₹653.55
Open₹652.80
Volume26.94L
Upper Circuit-
Lower Circuit-
Market Cap₹70,871.30Cr

Analyst Rating

based on 15 analysts

BUY
80.00%
Buy
0.00%
Hold
20.00%
Sell

Based on 15 analysts offering long term price targets for Oil India Ltd. An average target of ₹599.4

Source: S&P Global Market Intelligence

Company Information

Oil India Ltd is an Indian state-owned oil and gas company incorporated in 1959. It is headquartered in Duliajan, Assam and is the second largest hydrocarbon exploration and production Indian public sector company with a market capitalisation of over Rs. 50,000 crore (as of October 2020).

Oil India Ltd is engaged in exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquid petroleum gas. It operates in the upstream, midstream and downstream segments of the oil and gas industry. Its upstream operations include exploration, drilling, production and transportation of crude oil and natural gas. Its midstream operations include refining, marketing and trading of petroleum products. Its downstream operations include storage, transportation and distribution of petroleum products.

Oil India Ltd's top products include crude oil, natural gas, LPG, petrol, diesel, kerosene, and aviation turbine fuel.

Share Price: ₹661.90 per share as on 24 May, 2024 04:01 PM
Market Capitalisation: ₹70,871.30Cr as of today
Revenue: ₹9,147.01Cr as on March 2024 (Q1 24)
Net Profit: ₹2,332.94Cr as on March 2024 (Q1 24)
Listing date: 30 Sep, 2009
Chairperson Name: Ranjit Rath
OrganisationOil India Ltd
HeadquartersNoida
IndustryCrude Oil & Natural Gas
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Key events for Oil India Ltd

  • Oil India Signs Agreement for Pipeline Transportation - 23 May, 2024

    Oil India has signed a long-term agreement with its subsidiary, Numaligarh Refinery, to transport additional petroleum products through the Numaligarh-Siliguri Product Pipeline for 25 years.

  • Mixed Results for Oil India in Q4 FY24 - 22 May, 2024

    Oil India reported an increase in revenue but a decrease in net income for FY24. However, the company's Q4 FY24 results showed growth in EBITDA and adjusted PAT, with a final dividend and bonus share announcement. The stock may see mixed sentiment.

  • Oil India Reports Mixed Financial Results - 21 May, 2024

    Oil India Ltd reports mixed financial results with a decrease in revenue from operations and total income for FY24 but records a 16% YoY growth in turnover during Q4 FY23-24 due to higher oil prices. The company recommends a bonus issue and pays out dividends.

  • Oil India Beats Estimates, Approves Dividend and Bonus Issue - 20 May, 2024

    Oil India Ltd's Q4 consolidated net profit rose 28% YoY, beating analysts' estimates. The board approved a dividend of Rs 3.75 per equity share for FY2024 and recommended a bonus issue in the ratio of 1:2.

  • Oil India Board Considers Bonus Issue Amid Tax Cut - 16 May, 2024

    Oil India Ltd's board is set to consider a bonus issue in its upcoming meeting on May 20. The company's shares rallied by 5% after the announcement. Additionally, the Central government has cut the windfall tax on petroleum crude, which will benefit Oil India as an upstream oil exploration and production company.

  • Oil India Considers Bonus Share Issuance After Six Years - 15 May, 2024

    Oil India's board is set to consider issuing bonus shares at its upcoming meeting on May 20th, marking the first time since 2018 that the company has had a bonus issue. The company recorded a YoY decline in net profit of ₹1,584 crore in Q3 FY24.

  • Oil India Clarifies on Media Reports of Losses Due to Project Delays - 14 May, 2024

    Shares of Oil India Ltd rose over 3% after the company issued a clarification on media reports claiming significant losses due to project delays and irregularities in Assam. The state-owned oil exploration and production company said that it has been responding to queries raised by the CAG and restructuring and automation of activities at its field headquarters in Duliajan, Assam, were ongoing.

  • HDFC Securities Sees Up to 14% Upside in Oil India Ltd - 08 May, 2024

    Oil India Ltd's stock has been consolidating in a narrow range for the last six sessions, with indicators and oscillators showing strength in the current uptrend. HDFC Securities recommends buying the stock with a target price of Rs. 725 and stop-loss at Rs. 590.

  • Oil India Stock Consolidates as Job Creation Rises - 07 May, 2024

    Oil India's stock has been consolidating in a narrow range for the past six sessions. Meanwhile, the oil and gas industry saw a 15% YoY increase in new job creation, with roles like petroleum engineers, drilling engineers, and production operators being sought after.

  • Oil India Ltd sees enviable returns of 499% over the past three years - 06 May, 2024

    Investors in Oil India have seen impressive returns of 499% over the past three years, largely due to its dividend payments. The CEO is also remunerated more modestly than most CEOs at similarly capitalized companies.

  • Oil India Faces Windfall Tax Increase; Natural Gas Prices Set - 02 May, 2024

    Oil India faces potential impact from government's increase in windfall tax, while domestic natural gas prices are set for May 2024. A buy call has been made on the stock due to its bullish trend and rising volumes.

  • Government Cuts Windfall Tax on Crude Oil - 01 May, 2024

    The Indian government has reduced the windfall tax on crude oil to Rs 8,400 per metric ton from Rs 9,600. This will benefit upstream oil exploration and production companies such as ONGC and Oil India Ltd who will now pay a lower tax on their crude.

  • Oil India Limited Contributes 0.3 MMT to Domestic Crude Production - 25 Apr, 2024

    In March, Oil India Limited contributed 0.3 MMT to the domestic crude production of 2.5 MMT, with ONGC contributing 1.6 MMT. The difference between domestic gas production and imports widened to 2,456 MMSCM.

Fundamentals of Oil India Ltd

Insights on Oil India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 6 months, OIL stock has moved up by 121.4%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, OIL has outperformed top 5 stocks with highest market-cap in Oil & Gas Exploration and Production

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, OIL has outperformed top 5 stocks with highest market-cap in Oil & Gas Exploration and Production

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 6.69% to 8.27% in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 56.66% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 2.34K Cr → 2.14K Cr (in ₹), with an average decrease of 8.8% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 6.51% to 6.31% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 11.00% to 9.51% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 10.25K Cr → 9.72K Cr (in ₹), with an average decrease of 5.1% per quarter

Oil India Ltd Valuation

Oil India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.17x)

May 18, 2020

Industry (8.33x)

May 24, 2024

Today (11.33x)

May 24, 2024

Highest (11.58x)

March 6, 2024

LowHigh

Mutual Fund Holdings

Funds Holdings
Kotak Emerging Equity Scheme Direct GrowthKotak Emerging Equity Scheme Direct Growth1.55%
UTI Mid Cap Fund-Growth Option- DirectUTI Mid Cap Fund-Growth Option- Direct2.13%
HSBC Midcap Fund Direct Plan GrowthHSBC Midcap Fund Direct Plan Growth1.95%
DSP Midcap Fund Direct Plan GrowthDSP Midcap Fund Direct Plan Growth1.15%
DSP ELSS Tax Saver Fund Direct Plan GrowthDSP ELSS Tax Saver Fund Direct Plan Growth1.01%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
56.66%
0.00
Foreign Institutions
9.51%
0.00
Mutual Funds
8.27%
0.00
Retail Investors
6.31%
0.00
Others
19.25%
0.00

Technicals of Oil India Ltd share

News & Events of Oil India Ltd

Frequently Asked Questions

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Oil India Ltd (OIL) share price today is ₹661.9

Oil India Ltd is listed on NSE

Oil India Ltd is listed on BSE

  • Today’s highest price of Oil India Ltd is ₹670.
  • Today’s lowest price of Oil India Ltd is ₹650.2.

PE Ratio of Oil India Ltd is 11.33

PE ratio = Oil India Ltd Market price per share / Oil India Ltd Earnings per share

Today’s traded volume of Oil India Ltd(OIL) is 26.94L.

Today’s market capitalisation of Oil India Ltd(OIL) is ₹70871.3Cr.

Oil India Ltd(OILPrice
52 Week High
₹673.95
52 Week Low
₹240.8

Oil India Ltd(OIL) share price is ₹661.9. It is down -1.79% from its 52 Week High price of ₹673.95

Oil India Ltd(OIL) share price is ₹661.9. It is up 174.88% from its 52 Week Low price of ₹240.8

Oil India Ltd(OILReturns
1 Day Returns
8.35%
1 Month Returns
8.07%
3 Month Returns
16.12%
1 Year Returns
153.99%