434.0500 -5.95 (-1.35%)
NSE Aug 01, 2025 15:31 PM
Volume: 2.0M
 

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Oil India Ltd.
14 Aug 2021
434.05
-1.35%
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 below its 30 day SMA of 443.2
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