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Govt sells over 3 crore shares of Oil India

26 Feb 2020 Evaluate

The Government of India has sold 3,15,97,307 equity shares of Oil India to the AMC, the Nippon Life India Asset Management (formally 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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