404.6000 -0.30 (-0.07%)
NSE May 05, 2025 15:31 PM
Volume: 3.4M
 

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Oil India Ltd.
14 Aug 2021
404.60
-0.07%
Motilal Oswal
The management said majority of the gas production is accruing from the Baghjan field currently as the fire-related issues are resolved. It is targeting ~5mmscmd of gas from this field (up from the current production of 1.61.8mmscmd) over the next 3-5 years. It has started working on three more drilling wells, while one well was completed recently in the Baghjan field. Brent prices have started cooling off from its peak (of USD75/bbl in Jul'21 to ~USD70/bbl). We expect it to return to normal levels of USD60-65/bbl as...
Oil India Ltd. is trading above its 50 day SMA of 382.0
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