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Oil India Ltd (OIL)

₹276.051.73%

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Overview
Fundamentals
Q1 '23 Results
Technicals
News and Events

Overview of Oil India Ltd

Key events for Oil India Ltd

  • Oil India Ltd to Increase Exploration Spending - 21 Sep, 2023

    State-owned Oil India Ltd plans to increase exploration spending in India from $1 billion this year to $10 billion in five years.

  • Oil India's Debt and Gas Production Rates - 19 Sep, 2023

    Oil India Ltd's net debt is around Rs 149.3b, with a low net debt to EBITDA ratio of 1.1. Different formulas apply to gas production rates based on field type.

  • Oil India Stock Rises Despite Increase in Windfall Tax - 18 Sep, 2023

    The Indian government increased the special additional excise duty on domestically produced crude oil, impacting companies like Oil India. However, the stock market has shown a positive response to the news.

  • Oil India Plans Massive Investment in Renewable Energy - 15 Sep, 2023

    Oil India Ltd announces plans to invest Rs 25,000 crore in renewable energy to achieve net zero emissions by 2040. The company also aims to repatriate its dividends worth $150 million from Russia.

  • Oil India Plans Clean Energy Investment for Net Zero Emissions - 14 Sep, 2023

    Oil India is investing Rs 25,000 crore in clean energy projects to achieve net zero emissions by 2040, including drilling 60 oil wells and investing in green hydrogen, compressed biogas, solar power, and 2G ethanol.

  • Oil India Plans Massive Investment for Net-Zero Emissions - 11 Sep, 2023

    Oil India Ltd plans to invest a massive amount of money in clean energy sources to achieve its net-zero carbon emission goals by 2040. The company will invest in solar and wind energy projects, green hydrogen project, and carbon capture, utilization, and storage projects.

  • Oil India Records Highest-Ever Standalone Profit After Tax - 09 Sep, 2023

    Oil India Limited has recorded its highest-ever standalone profit after tax in FY 2022-23 and aims to become a 'Net-Zero' emission company by 2040 through various initiatives.

  • Oil India Ltd Benefits from Rising Oil Prices - 06 Sep, 2023

    Shares of Oil India Ltd benefit from the rise in oil prices with shares inching up by 1-2%. Concerns over supply shortages arise as Saudi Arabia and Russia extend their voluntary supply cuts.

  • Oil India Receives Board Approval for Equity Contribution - 05 Sep, 2023

    Oil India Ltd's board approves an equity investment of up to Rs 1,738 crore in the North East Gas Distribution Company, a joint venture with Assam Gas Company, to construct regional natural gas networks and supply piped natural gas.

  • Oil India Approves Equity Contribution for Joint Venture - 04 Sep, 2023

    Oil India Ltd's board has approved an equity contribution of up to Rs 1738 crore in the joint venture company, North East Gas Distribution Company Limited (NEGDCL), while government cuts additional duty on diesel.

  • Oil India Ltd shares surge after government hikes domestic natural gas price - 01 Sep, 2023

    Shares of Oil India surged up to 6% on the BSE in Friday's intra-day trade after the Indian government hiked the price of domestic natural gas to $8.6 per metric million British thermal units (MMBtu).

  • Oil India Ltd Gains Among Top Performers - 30 Aug, 2023

    Oil India Ltd's stock was among the top gainers, up between 1.26% and 0.49% during trading hours.

  • Oil India Fined for Violating Independent Director Norms - 27 Aug, 2023

    Oil India Ltd has been fined Rs 5.37 lakh for not meeting the requirement of having a sufficient number of independent directors.

  • Oil India Announces Dividend Amid Falling Crude Prices - 25 Aug, 2023

    Oil India Ltd announces a dividend of Rs 5.50 per equity share amidst warnings from Moody's about falling crude prices hurting upstream oil companies. JM Financials maintains 'Buy' rating.

  • Oil India Ltd's Market Capitalisation Surges by 41.16% - 24 Aug, 2023

    Oil India Ltd records the highest year-to-date surge in market capitalisation at 41.16%, despite a collective drop of 3.42% seen in Nifty Oil and Gas, with its market value standing at Rs 31,870.7 crore on Aug. 23.

  • Oil India Ltd Reaches New All-Time High - 23 Aug, 2023

    Oil India Ltd's stock has reached a new all-time high, indicating strong momentum in play.

  • Oil India Ltd Hits New 52-Week High - 22 Aug, 2023

    Oil India Ltd achieved a new 52-week high of Rs 293.3.

  • Oil India Surges to New High Amid Overbought Zone Identification - 21 Aug, 2023

    Oil India Ltd's stock surged to a new 52-week high of Rs 293 amid positive sentiment in the energy sector. The company is also identified as one of the 10 stocks trading in an overbought zone by ETMarkets. Additionally, Oil India's ex-dividend date is set for August 25, with a dividend payment of ₹5.50 per share and a trailing yield of 6.9%.

  • Oil India Ltd Achieves New 52-Week High - 17 Aug, 2023

    State-owned PSU firm Oil India achieved a new 52-week high at Rs 291.25.

  • Oil India Reaches New High Despite Government Hike in Windfall Tax - 16 Aug, 2023

    Despite the Indian government's hike in windfall tax on crude, Oil India Ltd reached a new 52-week high of Rs 286.85.

Analyst Rating

based on 15 analysts

BUY
80.00%
Buy
6.67%
Hold
13.33%
Sell

Based on 15 analysts offering long term price targets for Oil India Ltd. An average target of ₹308.8

Source: S&P Global Market Intelligence

Oil India Ltd Performance

  • ₹275.2
    ₹281.35
    ₹276.05
    downward going graph

    0.31%

    Downside

    Day's Volatility:2.23%

    Upside

    1.92%

    downward going graph
  • ₹167.85
    ₹296.95
    ₹276.05
    downward going graph

    39.20%

    Downside

    52 Weeks Volatility:46.77%

    Upside

    7.57%

    downward going graph
1 Month Return-3.47 %
3 Month Return11.93 %
1 Year Return51.59 %
Previous Close₹280.90
Open₹280.65
Volume8.53L
Market Cap₹30,460.94Cr

Oil India Ltd 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: ₹276.05 per share as on 21 Sep, 2023 04:01 PM
Market Capitalisation: ₹30,460.94Cr as of today
Revenue: ₹8,024.33Cr as on March 2023 (Q1 23)
Net Profit: ₹1,742.83Cr as on March 2023 (Q1 23)
Listing date: 30 Sep, 2009
Chairperson Name: Ranjit Rath
OrganisationOil India Ltd
HeadquartersNoida
IndustryCrude Oil & Natural Gas
E-voting on sharesClick here to vote

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

    MF Holding Up
    img

    Mutual Funds have increased holdings from 3.77% to 4.66% in Jun 2023 quarter

  • 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

    Retail Holding Up
    img

    Retail Investor have increased holdings from 5.81% to 6.10% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise
    img

    In the last 3 years, OIL stock has moved up by 205.3%

  • imgNO EFFECT

    Against Peers
    img

    In the last 3 years, Selan Explorations Technology Ltd has given 254.7% return, outperforming this stock by 49.3%

  • imgNO EFFECT

    Promoter Holding Unchanged
    img

    Promoters holdings remained unchanged at 56.66% of holdings in Jun 2023 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down
    img

    Foreign Institutions have decreased holdings from 11.40% to 11.02% in Jun 2023 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall
    img

    Revenue is down for the last 2 quarters, 9.43K Cr → 8.02K Cr (in ₹), with an average decrease of 14.9% per quarter

  • imgNEGATIVE IMPACT

    Profit Down
    img

    Netprofit is down for the last 2 quarters, 2.28K Cr → 1.74K Cr (in ₹), with an average decrease of 23.7% per quarter

Oil India Ltd Valuation

Oil India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.17x)

May 18, 2020

Today (4.14x)

September 20, 2023

Industry (5.17x)

September 20, 2023

Highest (7.99x)

January 15, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
ICICI Prudential Multicap Fund Direct Plan GrowthICICI Prudential Multicap Fund Direct Plan Growth2.11%
ICICI Prudential Large & Mid Cap Fund Direct Plan GrowthICICI Prudential Large & Mid Cap Fund Direct Plan Growth1.11%
ICICI Prudential Multi-Asset Fund Direct Plan GrowthICICI Prudential Multi-Asset Fund Direct Plan Growth0.44%
HSBC Midcap Fund Direct Plan GrowthHSBC Midcap Fund Direct Plan Growth1.13%
ICICI Prudential Dividend Yield Equity Fund Direct GrowthICICI Prudential Dividend Yield Equity Fund Direct Growth2.49%

Oil India Ltd Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
56.66%
0.00
Foreign Institutions
11.02%
-3.35
Mutual Funds
4.66%
23.53
Retail Investors
6.1%
5.01
Others
21.56%
-3.56

Technicals of Oil India Ltd

News & Events of Oil India Ltd

Frequently Asked Questions

Oil India Ltd (OIL) share price today is ₹276.05

  • Today’s highest price of Oil India Ltd is ₹281.35.
  • Today’s lowest price of Oil India Ltd is ₹275.2.

Today’s traded volume of Oil India Ltd(OIL) is 8.53L.

Today’s market capitalisation of Oil India Ltd(OIL) is ₹30460.94Cr.

Oil India Ltd(OILPrice
52 Week High
₹296.95
52 Week Low
₹167.85

Oil India Ltd(OIL) share price is ₹276.05. It is down -7.04% from its 52 Week High price of ₹296.95

Oil India Ltd(OIL) share price is ₹276.05. It is up 64.46% from its 52 Week Low price of ₹167.85

Oil India Ltd(OILReturns
1 Day Returns
-4.85%
1 Month Returns
-3.47%
3 Month Returns
11.93%
1 Year Returns
51.59%