SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Hindustan Oil Exploration zooms on executing Revenue Sharing Contract under OALP

03 Oct 2018 Evaluate

Hindustan Oil Exploration Company is currently trading at Rs. 133.25, up by 5.75 points or 4.51% from its previous closing of Rs. 127.50 on the BSE.

The scrip opened at Rs. 130.00 and has touched a high and low of Rs. 136.60 and Rs. 124.80 respectively. So far 118066 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 164.80 on 09-Aug-2018 and a 52 week low of Rs. 88.00 on 03-Oct-2017.

Last one week high and low of the scrip stood at Rs. 136.60 and Rs. 121.05 respectively. The current market cap of the company is Rs. 1748.61 crore.

The Institutions and Non-Institutions held 9.51% and 90.49%, stake in the company, respectively.

Hindustan Oil Exploration Company has executed the Revenue Sharing Contract with Government of India for Block AA-ONHP2017/19 which the company had won under the Open Acreage Licensing Policy (OALP) Bid Round I on October 01, 2018.

This Block extends to an area of 79 sq. km. and is located adjacent to Dirok field operated by the company. Dirok field and its extension through this Block AA-ONHP2017/19, forms one Greater Dirok Area that is part of a proven petroleum system. Since the company understands this basin well and has adequate data, hence the company plans to fast track the exploration phase to quickly monetise on success.

Hindustan Oil Exploration Company is an oil and gas company. The company’s activities relate to exploration and production of hydrocarbons, which are natural resources. Its segments include Hydro carbon and Oil additives. Its products include crude oil and natural gas.

Hind Oil Exploration Share Price

155.00 13.25 (9.35%)
10-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
ONGC 286.55
Oil India 470.95
Jindal Drilling&Inds 538.75
Deep Industries 456.45
Asian Energy Service 300.65
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×