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Govt sells over 3.33 crore shares of Oil India to AMC

11 Dec 2018 Evaluate

The President of India, acting through the Ministry of Petroleum & Natural Gas, Government of India, has sold 3,33,20,401 equity shares of Oil India to the AMC, the Reliance Nippon Life Asset Management, of Central Public Sector Enterprise Exchange Traded Fund (CPSE ETF).

Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.

Peers
Company Name CMP
ONGC 221.10
Oil India 442.65
Jindal Drilling&Inds 572.80
Deep Industries 746.50
Asian Energy Service 450.15
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