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Oil India may miss FY11 production aim of 3.7 mln T

13 Jan 2011 Evaluate

India's state-run explorer Oil India may miss its target to produce 3.7 million tonnes of crude oil in the current financial year ending March majorly on account of Numaligarh refinery which was shut down for about 90 days thus  reduce the supply and production.  In the next financial year, the company targets to produce 3.76 million tonnes of crude oil.

Peers
Company Name CMP
ONGC 232.75
Oil India 477.00
Jindal Drilling&Inds 582.80
Deep Industries 734.55
Aban Offshore 14.20
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