Oil India is currently trading at Rs. 535.65, up by 3.00 points or 0.56% from its previous closing of Rs. 532.65 on the BSE.
The scrip opened at Rs. 537.40 and has touched a high and low of Rs. 539.95 and Rs. 534.30 respectively. So far 12978 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 617.40 on 18-Jan-2013 and a 52 week low of Rs. 431.00 on 16-May-2012.
Last one week high and low of the scrip stood at Rs. 543.05 and Rs. 522.60 respectively. The current market cap of the company is Rs. 32208.86 crore.
The promoters holding in the company stood at 78.43% while Institutions and Non-Institutions held 6.25% and 15.32% respectively.
Oil India (OIL) is reportedly planning to acquire Videocon’s stake in Mozambique’s Rovuma Basin asset shortly. The company in association with ONGC Videsh (OVL) is likely to make a bid to acquire Videocon’s 10% stake in Mozambique’s Rovuma basin shortly. Videocon plans to raise about $3 billion from the transaction, to pay off debts.
The company has reported a fall of 16.16% in its net profit at Rs 954.57 crore for second quarter ended September 30, 2012 as compared to Rs 1138.52 crore for the same quarter in the previous year. Total income of the company has decreased by 22.86% at Rs 2921.84 crore for quarter under review as compared to Rs 3787.92 crore for the quarter ended September 30, 2011.
Company Name | CMP |
---|---|
ONGC | 275.20 |
Oil India | 699.60 |
Jindal Drilling&Inds | 657.00 |
Hind Oil Exploration | 190.90 |
Deep Industries | 296.10 |
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