Name: Latest research reports of Oil India Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Oil India Ltd.
Rating: 5
Author: ICICI Securities Limited

Oil India Ltd.

NSE: OIL | BSE: 533106 | ISIN: INE274J01014 | Industry: Exploration & Production
| Strong Performer, Under Radar

399.3500 -3.25 (-0.81%)

NSE Apr 25, 2025 15:31 PM

47.99% Fall from 52W High

Volume: 2.8M

Oil India Ltd.

22 May 2024

399.35

-0.81%

Steady quarter; company remains on strong footing for FY25-27E

Buy: Oil India Ltd.

Target

ICICI Securities Limited

Oil India’s (OIL)’s adjusted EBITDA/PAT of INR 25.4bn/ INR 20.3bn jumped 8/13% YoY, with FY24 standalone EBITDA/PAT of INR 99/79bn (EBITDA flat YoY/PAT +16% YoY), respectively.

Number of FII/FPI investors decreased from 576 to 541 in Mar 2025 qtr