NIFTY 22168.65 BANK 47698.65

Oil India Ltd.
Share Price Target & Analysis

NSE:OIL

630.45

VWAP

622.50

Open

619.6

Close

634.80

High

620.50

Low

669.50

52 Week High

628.35 ⇧
8.75 (1.41%)

OIL

(OIL & GAS)
90.4% Momentum

Trending & Favourite

240.80

52 Week Low

48.98

EPS

9.17

PE

1.98

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: OIL Share Price Financial Analysis & Valuation

Oil India Ltd. (OIL) is broadly categorized in OIL & GAS segment industry which deals in Oil Drilling And Exploration vertical. It is one of Mid Cap company with Market Capitalization of Rs 24881.2 (in Cr). Total number of free float shares are 113.5 (in Lacs). Oil India Ltd. is listed on NSE with Exchange ID - INE274J01014 and trading code is NSE:OIL with short name Oil India.

Oil India Ltd. is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise.

In the past 1 year, Oil India Ltd. has declared an equity dividend of Rs 20 per share. At the current share price of OIL at Rs 628.35, this results in a dividend yield of 3.18 %.

As per the Fundamental Analysis of NSE:OIL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine OIL underlying value and future prospects. All of this data is available in OIL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:OIL, it is clearly understood that OIL is Standard performer in terms of earnings and profit margins with an EPS of 48.98. NSE:OIL book value per share as of today is 316.90. The current price to book ratio for OIL as of May 15, 2024 is 1.98.

Valuation of the Stock: The current valuation of OIL stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of OIL whether to BUY this stock at current valuation. The delivery percentage of OIL is 52.98% is very crucial parameter which shows that 52.98% investors are anticipating that the price of OIL share should go up with VWAP at 630.45.

Now, the main question is whether to BUY or SELL, NSE:OIL at current valuation.
As per latest Analysis No. #2308:-

⇑ STRONG BUY OIL if All Greens

⇗ BUY OIL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD OIL (With Stop Loss) if only 1 Green

⇘ SELL OIL if NO Green Indicator

NSE: OIL Share Price Today (May 15, 2024)

(Oil India Ltd. Daily Analysis on the basis of OIL Intraday Graph & Trend)

Oil India Ltd. share price moved Up by 1.41% from its previous close of Rs 619.6. OIL stock last traded price is 628.35. OIL share price trend is Up with a total of 908581 stocks traded till now. It has touched an intraday high of Rs 634.80 and an intraday low of Rs 620.50. The OIL trading at 628.35, Up by Rs. 8.75, or 1.41 percent which suggests that most of the Traders are anticipating that the price of OIL share should go Up.

NSE: OIL Share Price Tomorrow Prediction

(Oil India Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of OIL)

Oil India Ltd. share price moved Up by 1.41%. OIL share price short term trend is Up. It suggests that OIL Share Price for Tomorrow remains the same with VWAP at 630.45 will be treated as stop loss for intraday traders. Oil India Ltd. Long term investors can follow the OIL long term trend as mentiond in future forecast table.

NSE Code

NSE: OIL

OIL Share Price Today

 628.35

OIL Share Price Target Prediction for 2024 ^

 438.5 - 672.8

OIL Share Price Target Prediction for 2025*^

 672.8 - 716.8

OIL Share Price Target Prediction for 2026*^

 716.8 - 767

OIL Share Price Target Prediction for 2027*^

 805

OIL Share Price Target Prediction for 2028*^

 828

OIL Share Price Target Prediction for 2030*^

 903
OIL Current Book Value 2023
315.3

*Oil India Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^OIL share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

OIL Technical Analysis

Candlestick Pattern: @621.05

OIL Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 612.2 BUY 616.17 BUY
MA_12 613.72 BUY 612.56 BUY
MA_20 615.5 BUY 609.47 BUY
MA_32 604.23 BUY 597.13 BUY
MA_50 597 BUY 576.77 BUY
MA_100 513.91 BUY 525.55 BUY
MA_200 390.82 BUY 430.55 BUY

OIL Trend Oscillators

BUY (2) NEUTRAL (1) SELL (1)
Trend Oscillators Value Action
Bollinger Bands 615.5 Uptrend
MACD -1.74 SELL
ADX 19.36 NO or Weak Trend
DMI (+/-) 22.94 / 15.2 Uptrend

OIL Momentum Oscillators

BUY (2) NEUTRAL (9) SELL (1)
Momentum Oscillators Value Action
RSI 55.96 Neutral
STOCHASTIC_K (Fast) 74.72 Neutral
STOCHASTIC_D (Slow) 74.51 Neutral
CCI 50.99 Neutral
PSAR 648.35 SELL
TRUE RANGE 17.05 Neutral
ATR 26.17 Neutral
WILLIAMS R -45.41 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 76.26 Neutral
STOCHASTIC RSI D 92.09 Overbought
MOMENTUM 9.6 BUY

OIL Last 1 Year Trend

Duration Value
1 Year 144.89%
3 Months 47.8%
1 Month 1.57%
1 Week 4.06%

OIL Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 60%
NEUTRAL / HOLD 33%
SELL 7%

Most popular Questions & Answers about OIL


Oil India Ltd. stock last traded price is 628.35. OIL share price moved Up by 1.41% from its previous close of Rs 619.6.

Oil India Ltd. share price trend is Up with a total of 908581 stocks traded till now. It has touched an intraday high of Rs 676.195 and an intraday low of Rs 620.50. The OIL trading at 628.35, Up by Rs. 8.75, or 1.41 percent which suggests that most of the Traders are anticipating that the price of OIL share should go Up and the Stop Loss will be around 630.45.

The market cap of Oil India Ltd. is ₹24881.2 (in Cr) as of May 14, 2024.

The current price to earning ratio for Oil India Ltd. as of May 14, 2024 is 9.17.

The current price to book ratio for Oil India Ltd. as of May 14, 2024 is 1.98.

The highest price of Oil India Ltd. stock is ₹669.50 in the last 52-week.

The lowest price of Oil India Ltd. stock is ₹240.80 in the last 52-week.

Oil India Ltd. share trading at ₹628.35, Up by Rs. 8.75, or 1.41 percent which suggests that most of the traders are anticipating that the price of OIL share should go Up.

In 2023, Stock price target for Oil India Ltd. (OIL) are ₹438.5 on downside and ₹672.8 on upside. Oil India Ltd. share price target is based on current financial year earings of the company.

In 2024, Stock price target for Oil India Ltd. (OIL) are ₹672.8 on downside and ₹716.8 on upside. Oil India Ltd. share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Oil India Ltd. (OIL) are ₹716.8 on downside and ₹767 on upside. Oil India Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Oil India Ltd. (OIL) will be around ₹828 Oil India Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of OIL.

As per the fundamental analysis of Oil India Ltd. (OIL), it is of Standard quality in terms of earnings and profit margins with an EPS of 48.98. Oil India Ltd. book value per share as of today is 316.90. The current price to book ratio for OIL as of May 15, 2024 is 1.98.


NSE:OIL News & Other Useful Information about OIL Share Price


Peer Comparison of NSE: OIL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Oil Drilling And Exploration

Company Price EPS BV
ONGC 273.90 23.46 222.84
GAIL 202.15 11.05 84.64
GUJGASLTD 548.10 16.6 111.7
ASIANENE 292.80 7.27 48.1
PETRONET 306.95 22.75 99.56
IGL 440.25 24.97 122.17
OIL 628.35 48.98 316.9
GSPL 289.80 22.77 182.03
HINDOILEXP 195.35 13 70.3
JINDRILL 772.05 34.57 367.21
Updated at: 15 May 2024 09:32

Feel free to contact us, in case of any queries.

SITEMAP 2155
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3065.95 28.40 (0.93%) | ADANIGREEN 1799.40 10.60 (0.59%) | ADANIPORTS 1344.60 13.35 (1%) | ADANITRANS 1022.05 31.00 (3.13%) | AMBUJACEM 614.90 4.70 (0.77%) | APOLLOHOSP 5856.85 -5.95 (-0.1%) | ASIANPAINT 2866.65 0.50 (0.02%) | ATGL 918.40 9.45 (1.04%) | AUROPHARMA 1158.70 -9.90 (-0.85%) | AXISBANK 1123.80 0.95 (0.08%) | BAJAJ-AUTO 9061.00 -4.25 (-0.05%) | BAJAJFINSV 1582.25 5.80 (0.37%) | BAJFINANCE 6682.95 7.25 (0.11%) | BALKRISIND 2504.85 17.20 (0.69%) | BANDHANBNK 191.05 2.50 (1.33%) | BANKBARODA 263.55 2.70 (1.04%) | BEL 232.15 1.20 (0.52%) | BERGEPAINT 484.50 -10.05 (-2.03%) | BHARTIARTL 1298.95 14.65 (1.14%) | BIOCON 316.00 5.10 (1.64%) | BOSCHLTD 31409.95 -472.05 (-1.48%) | BPCL 608.60 2.65 (0.44%) | BRITANNIA 5116.00 -24.80 (-0.48%) | CADILAHC 992.50 10.35 (1.05%) | CIPLA 1402.40 45.05 (3.32%) | COALINDIA 458.50 9.80 (2.18%) | COLPAL 2805.85 -14.10 (-0.5%) | DABUR 549.80 -4.75 (-0.86%) | DIVISLAB 3894.15 -2.05 (-0.05%) | DLF 831.65 -7.40 (-0.88%) | DMART 4624.80 27.75 (0.6%) | DRREDDY 5929.80 61.00 (1.04%) | EICHERMOT 4705.05 -25.50 (-0.54%) | GAIL 202.15 2.10 (1.05%) | GLAND 1780.00 14.50 (0.82%) | GODREJCP 1310.75 3.85 (0.29%) | GRASIM 2400.75 28.70 (1.21%) | GUJGASLTD 548.10 -3.30 (-0.6%) | HAVELLS 1740.00 10.90 (0.63%) | HCLTECH 1325.45 4.40 (0.33%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3692.85 14.95 (0.41%) | HDFCBANK 1450.45 -10.50 (-0.72%) | HDFCLIFE 558.35 -3.20 (-0.57%) | HEROMOTOCO 5090.85 47.40 (0.94%) | HINDALCO 656.80 10.15 (1.57%) | HINDUNILVR 2343.60 -6.00 (-0.26%) | HINDZINC 575.45 15.55 (2.78%) | ICICIBANK 1120.40 -0.15 (-0.01%) | ICICIGI 1664.15 -19.65 (-1.17%) | ICICIPRULI 595.00 -2.20 (-0.37%) | INDIGO 4164.10 16.75 (0.4%) | INDUSINDBK 1426.75 5.75 (0.4%) | INDUSTOWER 347.05 7.55 (2.22%) | INFY 1424.35 -0.35 (-0.02%) | IOB 63.35 1.50 (2.43%) | IOC 162.20 2.85 (1.79%) | ITC 432.85 3.15 (0.73%) | JSWSTEEL 877.80 -3.70 (-0.42%) | KOTAKBANK 1648.35 2.05 (0.12%) | LT 3385.85 6.40 (0.19%) | LTI 4634.85 41.30 (0.9%) | LUPIN 1644.00 6.85 (0.42%) | M&M 2269.25 -0.65 (-0.03%) | MARICO 600.70 0.45 (0.07%) | MARUTI 12835.10 20.90 (0.16%) | MCDOWELL-N 1169.75 -5.85 (-0.5%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1682.20 4.90 (0.29%) | NAUKRI 6010.60 -6.70 (-0.11%) | NESTLEIND 2493.65 6.30 (0.25%) | NMDC 267.50 2.45 (0.92%) | NTPC 358.55 2.75 (0.77%) | ONGC 273.90 1.00 (0.37%) | PEL 836.10 5.85 (0.7%) | PIDILITIND 2997.90 14.15 (0.47%) | PIIND 3631.20 -36.40 (-0.99%) | PNB 127.50 1.75 (1.39%) | POWERGRID 311.35 2.10 (0.68%) | RELIANCE 2846.55 6.40 (0.23%) | SAIL 166.25 1.60 (0.97%) | SBICARD 720.00 1.60 (0.22%) | SBILIFE 1435.55 2.70 (0.19%) | SBIN 823.75 5.55 (0.68%) | SHREECEM 26080.00 55.10 (0.21%) | SIEMENS 7146.20 485.75 (7.29%) | SRF 2300.15 13.40 (0.59%) | SUNPHARMA 1543.90 -1.35 (-0.09%) | TATACONSUM 1081.85 -3.60 (-0.33%) | TATAMOTORS 972.05 7.40 (0.77%) | TATAMTRDVR 652.95 6.60 (1.02%) | TATASTEEL 167.20 2.25 (1.36%) | TCS 3889.00 -12.20 (-0.31%) | TECHM 1280.85 5.35 (0.42%) | TITAN 3302.60 13.70 (0.42%) | TORNTPHARM 2629.95 -0.70 (-0.03%) | ULTRACEMCO 9652.50 -8.15 (-0.08%) | UPL 520.15 10.10 (1.98%) | VEDL 447.20 14.65 (3.39%) | WIPRO 457.70 1.35 (0.3%) |