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Hindustan Oil Exploration gets nod to raise upto Rs 250 crore

30 Aug 2022 Evaluate

Hindustan Oil Exploration Company has received approval to raise upto Rs 250 crore by issuance of equity shares/other securities in accordance with the provisions of the SEBI. The Board of Directors of the Company at its meeting held on August 30, 2022 has considered and approved the same.

Hindustan Oil Exploration Company (HOEC) is engaged in the exploration, development and production of crude oil and natural gas in India, both onshore and offshore.

Peers
Company Name CMP
ONGC 232.50
Oil India 492.20
Jindal Drilling&Inds 594.55
Deep Industries 744.65
Aban Offshore 14.26
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