Oil India is currently trading at Rs. 457.00, up by 3.45 points or 0.76% from its previous closing of Rs. 453.55 on the BSE.
The scrip opened at Rs. 458.00 and has touched a high and low of Rs. 458.95 and Rs. 455.00 respectively. So far 1029 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 556.00 on 16-Sep-2011 and a 52 week low of Rs. 431.00 on 16-May-2012.
Last one week high and low of the scrip stood at Rs. 458.95 and Rs. 435.00 respectively. The current market cap of the company is Rs. 27468.91 crore.
The promoters holding in the company stood at 78.43% while Institutions and Non-Institutions held 6.81% and 14.76% respectively.
Oil India is planning to get into the liquefied natural gas (LNG) business by the end of this fiscal. The company is in discussion with companies such as Kakinada Seaports for exploring opportunities to set up an LNG terminal. The oil companies are forced get into imports market due to inadequate domestic natural gas production and growing demand. Currently, country has two LNG terminals.
The company’s net profit for the fourth quarter ended March 31, 2012 fell by 20.94% to Rs 444.81 crore as compared to Rs 562.61 crore for the quarter ended March 31, 2011. The total income has decreased by 5.24% to Rs 2141.00 crore for the quarter under review from Rs 2259.30 crore for the corresponding quarter of the previous year.
Company Name | CMP |
---|---|
ONGC | 264.55 |
Oil India | 635.40 |
Jindal Drilling&Inds | 640.25 |
Hind Oil Exploration | 192.90 |
Deep Industries | 277.80 |
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