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Oil India declines on reporting 33% fall in Q2 net profit

12 Nov 2014 Evaluate

Oil India is currently trading at Rs 591.40, down by 19.20 points or 3.14% from its previous closing of Rs 610.60 on the BSE.

The scrip opened at Rs. 610.80 and has touched a high and low of Rs. 619.65 and Rs. 589.90 respectively. So far 74205 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 668.80 on 09-Sep-2014 and a 52 week low of Rs. 439.00 on 06-Feb-2014.

Last one week high and low of the scrip stood at Rs. 642.40 and Rs. 602.00 respectively. The current market cap of the company is Rs. 36491.96 crore.

The promoters holding in the company stood at 67.64% while Institutions and Non-Institutions held 17.83% and 14.52% respectively.

Oil India has registered 32.68% fall in its net profit at Rs 608.33 crore for second quarter ended September 30, 2014 as compared to Rs 903.64 crore for the same quarter in the previous year. Total income of the company has decreased 17.54% at Rs 2622.26 crore for Q2FY15 as compared Rs 3179.88 crore for the corresponding quarter previous year.

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.

Oil India Share Price

471.35 1.25 (0.27%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 283.35
Oil India 471.35
Jindal Drilling&Inds 542.35
Deep Industries 477.70
Asian Energy Service 315.25
View more..

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