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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 225.50
Oil India 450.40
Jindal Drilling&Inds 498.35
Deep Industries 677.80
Asian Energy Service 421.60
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