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Oil India is currently trading at Rs. 573.80, up by 12.40 points or 2.21% from its previous closing of Rs. 561.40 on the BSE.
The scrip opened at Rs. 567.35 and has touched a high and low of Rs. 577.00 and Rs. 565.10 respectively. So far 40,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 632.80 on 22-May-2014 and a 52 week low of Rs. 415.00 on 29-Aug-2013.
Last one week high and low of the scrip stood at Rs. 619.85 and Rs. 556.25 respectively. The current market cap of the company is Rs. 34,493.00 crore.
The promoters holding in the company stood at 67.64% while Institutions and Non-Institutions held 17.35% and 15.01% respectively.
Oil India, the second biggest state-run explorer in the country, has entered into memorandum of understanding (MoU) with Russia’s Gazprom for joint pursuit of exploration opportunities across the globe. As per the agreement, both the entities will jointly participate in upstream oil and gas exploration and production opportunities in different parts of the world as well as collaborate on LNG. The MoU also provides an option to the companies for technological association. Any area or project of common interest would also be covered under the purview of MoU.
Gazprom is the only producer and exporter of liquefied natural gas (LNG) in Russia. Gazprom EP International BV (Gazprom International) is its foreign exploration and production projects operator and currently has assets in 10 countries.
Oil India, a Navratna Company, is Asia’s oldest and biggest pioneer oil exploration and Production Company. Oil India has over 1 lakh sq km of PEL/ML areas for its exploration and production activities, most of it in the Indian North East, which accounts for its entire crude oil production and majority of gas production.
| Company Name | CMP |
|---|---|
| ONGC | 279.10 |
| Oil India | 646.30 |
| Jindal Drilling&Inds | 769.00 |
| Hind Oil Exploration | 198.95 |
| Deep Industries | 294.70 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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