NSE: OIL | BSE: 533106

Strong Performer, Under Radar

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446.10 0.25 (0.06%)

41.91% Fall from 52W High

1.2M NSE+BSE Volume

NSE 16 Jul, 2025 2:49 PM (IST)

72,563

Market Cap

Market Runner Up

1.4

Beta 1Year

Very High Volatility

Oil India Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for OIL, BSE:533106 Oil India Ltd.

Oil India Ltd.

28 May 2024

446.10

0.06%

Volume ramp-up, NRL startup key medium-term catalysts

Buy: Oil India Ltd.

Target

Motilal Oswal

At its analyst meet, Oil India (OINL) management reiterated its target of
increasing production from 6.5mmtoe in FY24 to 9mmtoe by FY26. Oil
production is expected to ramp up from 3.4mmt in FY24 to 3.8mmt and
more than 4mmt in FY25/FY26, while gas production is likely to be 5bcm by
FY26.

Oil India Ltd. has lost -30.16% in the last 1 Year

Oil India Ltd.

22 May 2024

446.10

0.06%

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.

Oil India Ltd. is trading above its 200 day SMA of 444.2

Oil India Ltd.

04 Mar 2024

446.10

0.06%

Oil India

Buy: Oil India Ltd.

Recommendation Target

Sharekhan

Oil India Ltd. has gained 21.90% in the last 3 Months

Oil India Ltd.

14 Feb 2024

446.10

0.06%

OIL INDIA LIMITED

Accumulate: Oil India Ltd.

Recommendation Target

Prabhudas Lilladhar

Oil India Ltd. is trading below its 30 day SMA of 448.2

Oil India Ltd.

10 Aug 2023

446.10

0.06%

NRL fire impacts consolidated earnings; FY24E prospects remain strong

Buy: Oil India Ltd.

Target

ICICI Securities Limited

Oil India’s (OIL) adjusted EBITDA of INR 23.3bn was down 13% and PAT of INR 16.1bn was up 4%, ahead of I-sec estimates of INR 22.9bn EBITDA and INR 15bn PAT. Consolidated EBITDA of INR 22.7bn and PAT of INR 14bn declined sharply by 54% and 50% YoY respectively, due to fire at Numaligarh Refinery (NRL) leading to shutdown of the plant for 75 days and a loss of INR 776mn for the quarter (vs Q4FY23 PAT of INR 7.7bn).

Oil India Ltd. has an average target of 589.60 from 5 brokers.

Oil India Ltd.

09 Aug 2023

446.10

0.06%

Outlook intact amid stable performance

Buy: Oil India Ltd.

Target

Motilal Oswal

Oil India Ltd. has gained 21.90% in the last 3 Months

Oil India Ltd.

25 May 2023

446.10

0.06%

Higher opex drives operational mix, prospects remain positive

Buy: Oil India Ltd.

Target

ICICI Securities Limited

Oil India’s (OIL) standalone EBITDA / PAT grew 21% / 10% YoY respectively in Q4FY23, but missed our EBITDA estimates by 13% even as lower depreciation/interest costs helped net earnings come in line.