₹590.75
0.36%
Low
Day's Volatility:2.35%
High
2.00%
59.24%
Low
52 Weeks Volatility:72.57%
High
13.33%
Returns % | |
1 Month Return | -2.4 % |
3 Month Return | 50.61 % |
1 Year Return | 134.68 % |
Market Stats | |
Previous Close | ₹596.80 |
Open | ₹601.00 |
Volume | 22.81L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹64,717.30Cr |
based on 16 analysts
Based on 16 analysts offering long term price targets for Oil India Ltd. An average target of ₹576.38
Source: S&P Global Market Intelligence
Organisation | Oil India Ltd |
Headquarters | Noida |
Industry | Crude Oil & Natural Gas |
E-voting on shares | Click here to vote |
Key events for Oil India Ltd
Oil India is pushing its limits to increase exploration and drilling with a target of 78 wells in FY25. Despite govt. efforts, Indian firms produced only marginally more crude oil in FY24 than the previous year. The elevated geopolitical tensions and rising crude oil prices could impact Indias external trade balance.
Oil India Trades Lower Despite Windfall Tax Hike - 16 Apr, 2024
The Indian Government has increased the windfall tax on crude oil to INR 9,600 per metric ton, which may negatively impact upstream oil exploration and production companies like Oil India Ltd.
Oil India Shares Surge Amidst Global Tensions - 15 Apr, 2024
Oil India's shares surged by up to 5% on the BSE amidst expectations of a rise in global oil prices due to tensions between Iran and Israel, which could disrupt oil supplies in the Middle East.
Oil India Ltd's Ownership Structure and Investor Profile - 13 Apr, 2024
Oil India Limited has a significant state or government ownership of 57%, with institutions owning 22%. Insiders own less than 1% while the general public holds an 11% stake. Public companies hold 9.9% of Oil India shares, indicating some credibility amongst professional investors.
Oil India Reports Leakage Incident at Well in Assam - 10 Apr, 2024
State-owned Oil India reported a leak at well BGN24 in Assam's Tinsukia district, which was contained by company personnel. An on-site assessment team is investigating the affected area, and an internal inquiry is being conducted. The well is closed, and there is no need for panic.
Oil and Gas Sectors Expected to Improve in Q4 - 09 Apr, 2024
Brokerage Prabhudas Lilladher predicts a 5.9% QoQ improvement in operating profit for the oil and gas sectors, with upstream companies like Oil India expected to show marginal production improvements. The brokerage maintains an Accumulate rating on Oil India with a target price of Rs 708 based on 9x FY26 EPS.
Oil India's Profitability Impacted by Windfall Tax Hike - 06 Apr, 2024
The recent hike in the windfall tax by the government is expected to impact the profitability of Indian upstream companies, including Oil India Ltd. However, analysts predict that their realisations will remain healthy at $70-75 per barrel despite higher input costs.
Oil India Ltd Delivers 61% Return in Q4FY24 - 05 Apr, 2024
Oil India Limited delivered a return of 61% in Q4FY24, with its revenue from operations growing by 3.35%. The company's profits also increased during the same period.
Oil India Stock Slips Amid Windfall Tax Hike; Sharekhan Upgrades to Buy - 04 Apr, 2024
Oil India's stock drops by 3.54% due to the government's windfall tax hike on petroleum crude. However, brokerage firm Sharekhan sees a favourable risk-reward scenario for the company, upgrading it to Buy with a target price of Rs 755 per share.
Oil India Plans Refinery Start-Up & Clocks Record Production - 03 Apr, 2024
Oil India plans to begin operations at its Numaligarh refinery by December 2025 and expects to export refined fuels to Bangladesh. The company also reported a record-high crude oil and gas production of 6.5 million ton oil equivalent (mtoe) last fiscal year and aims to increase output with an investment of $1.62 billion this fiscal year.
Oil India's Net Debt Increases to Rs 166.5b - 23 Mar, 2024
Oil India Limited's net debt has increased to about Rs 166.5b due to an increase in debt and liabilities totaling Rs 277.5b more than its cash and short-term receivables. However, the company has a low net debt-to-EBITDA ratio of just 1.2 times, indicating it can handle more leverage. The weak cash conversion makes it difficult to manage indebtedness.
Oil India Ltd to Increase Capacity with Newer Oil Drilling Projects - 22 Mar, 2024
Oil India Ltd is set to increase its capacity with newer oil drilling projects in the Andaman and Nicobar Islands. Additionally, commissioning of additional capacities in Numaligarh refinery by September 25 could add another Rs 45 billion of PAT run rate to current 20 billion per annum in FY24.
Oil India's Domestic Crude Production Rises - 21 Mar, 2024
Domestic crude production in February rose by 4.87% YoY, reaching 2.15 MMT, with ONGC contributing 1.45 MMT and Oil India Limited at 0.26 MMT. Cumulative crude oil import volumes for FY24 stood at 212.6 MMT.
Fundamentals of Oil India Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
MF Holding Up
Mutual Funds have increased holdings from 6.69% to 8.27% in Mar 2024 quarter
Revenue Rich
Revenue is up for the last 3 quarters, 6.47K Cr → 10.25K Cr (in ₹), with an average increase of 20.5% per quarter
Profit Spike
Netprofit is up for the last 2 quarters, 420.66 Cr → 2.34K Cr (in ₹), with an average increase of 82.1% per quarter
Against Peers
In the last 3 years, Selan Explorations Technology Ltd has given 450.1% return, outperforming this stock by 35.4%
Against Peers
In the last 1 year, Selan Explorations Technology Ltd has given 154.8% return, outperforming this stock by 20.1%
Promoter Holding Unchanged
Promoters holdings remained unchanged at 56.66% of holdings in Mar 2024 quarter
FII Holding Down
Foreign Institutions have decreased holdings from 11.00% to 9.51% in Mar 2024 quarter
Retail Holding Down
Retail Investor have decreased holdings from 6.51% to 6.31% in Mar 2024 quarter
Price Dip
In the last 7 days, OIL stock has moved down by -4.2%
Oil India Ltd in the last 5 years
Lowest (2.17x)
May 18, 2020
Industry (8.02x)
April 22, 2024
Today (10.90x)
April 22, 2024
Highest (11.61x)
April 3, 2024
Funds | Holdings |
Kotak Emerging Equity Scheme Direct Growth | 1.61% |
UTI Mid Cap Fund-Growth Option- Direct | 2.24% |
HSBC Midcap Fund Direct Plan Growth | 2% |
DSP Midcap Fund Direct Plan Growth | 1.19% |
Quant Mid Cap Fund Growth Option Direct Plan | 3.07% |
Investors | Holdings % | Prev. 1 periods | 3M 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
Oil India Ltd (OIL) share price today is ₹590.75
Oil India Ltd is listed on NSE
Oil India Ltd is listed on BSE
PE Ratio of Oil India Ltd is 10.9
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 22.81L.
Today’s market capitalisation of Oil India Ltd(OIL) is ₹64717.3Cr.
Oil India Ltd(OIL | Price |
---|---|
52 Week High | ₹669.5 |
52 Week Low | ₹240.8 |
Oil India Ltd(OIL) share price is ₹590.75. It is down -11.76% from its 52 Week High price of ₹669.5
Oil India Ltd(OIL) share price is ₹590.75. It is up 145.33% from its 52 Week Low price of ₹240.8
Oil India Ltd(OIL | Returns |
---|---|
1 Day Returns | -6.05% |
1 Month Returns | -2.4% |
3 Month Returns | 50.61% |
1 Year Returns | 134.68% |