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Oil India slips on reporting 18% fall in Q2 net profit

29 Nov 2016 Evaluate

Oil India is currently trading at Rs. 422.00, down by 5.80 points or 1.36% from its previous closing of Rs. 427.80 on the BSE.

The scrip opened at Rs. 423.90 and has touched a high and low of Rs. 427.15 and Rs. 420.05 respectively. So far 19709 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 446.00 on 24-Nov-2016 and a 52 week low of Rs. 300.50 on 01-Mar-2016.

Last one week high and low of the scrip stood at Rs. 446.00 and Rs. 420.05 respectively. The current market cap of the company is Rs. 25367.94 crore.

The promoters holding in the company stood at 67.64%, while Institutions and Non-Institutions held 17.05% and 15.30% respectively.

Oil India has reported 17.77% fall in its net profit at Rs 580.27 crore for the quarter ended September 30, 2016 as compared to Rs 705.67 crore for the same quarter in the previous year. Total income of the company decreased by 8.10% at Rs 2720.92 crore for the quarter under review as compared Rs 2960.77 crore for the corresponding quarter previous year.     

Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company, while IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.

Oil India Share Price

470.10 7.80 (1.69%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 283.95
Oil India 470.10
Jindal Drilling&Inds 540.15
Deep Industries 476.90
Asian Energy Service 306.05
View more..

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