Oil India is currently trading at Rs. 527.40, up by 1.10 points or 0.21% from its previous closing of Rs. 526.30 on the BSE.
The scrip opened at Rs. 523.85 and has touched a high and low of Rs. 540.00 and Rs. 523.80 respectively. So far 4,608 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. 543.00 and Rs. 517.00 respectively. The current market cap of the company is Rs. 31,703 crore.
The promoters holding in the company stood at 68.43%, while Institutions and Non-Institutions held 15.59% and 15.98% respectively.
Oil India has received an approval for incorporation of a wholly owned subsidiary (WOS) of the company. The board at its meeting held on April 10, 2013 has approved for the same.
Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company. NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.
