NIFTY 23907.25 BANK 51135.40

Oil India Ltd.
Share Price Target & Analysis

NSE:OIL

502.99

VWAP

487.5

Open

486.05

Close

509.55

High

487.5

Low

767.9

52 Week High

507.15 ⇧
21.10 (4.34%)

OIL

(OIL & GAS)
54.4% Momentum

Turnaround Potential

195.47

52 Week Low

42.51

EPS

8.53

PE

1.87

PB

Standard
Quality

Steel
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 14.5 per share. At the current share price of OIL at Rs 507.15, this results in a dividend yield of 2.86 %.

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 42.51. NSE:OIL book value per share as of today is 271.25. The current price to book ratio for OIL as of Nov 23, 2024 is 1.87.

Valuation of the Stock: The current valuation of OIL stock is like Steel which means currently the stock is Moderately 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 49.03% is very crucial parameter which shows that 49.03% investors are anticipating that the price of OIL share should go up with VWAP at 502.99.

Now, the main question is whether to BUY or SELL, NSE:OIL at current valuation.
As per latest Analysis No. #2993:-

⇑ 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 (Nov 23, 2024)

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

Oil India Ltd. share price moved Up by 4.34% from its previous close of Rs 486.05. OIL stock last traded price is 507.15. OIL share price trend is Up with a total of 1955990 stocks traded till now. It has touched an intraday high of Rs 509.55 and an intraday low of Rs 487.5. The OIL trading at 507.15, Up by Rs. 21.10, or 4.34 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 4.34%. OIL share price short term trend is Up. It suggests that OIL Share Price for Tomorrow remains the same with VWAP at 502.99 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

 507.15

OIL Share Price Target Prediction for 2024 ^

 464.7 - 771.7

OIL Share Price Target Prediction for 2025*^

 771.7 - 822.1

OIL Share Price Target Prediction for 2026*^

 822.1 - 879.6

OIL Share Price Target Prediction for 2027*^

 924

OIL Share Price Target Prediction for 2028*^

 950

OIL Share Price Target Prediction for 2030*^

 1036
OIL Current Book Value 2023
269.9

*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: @475.45

OIL Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 493.6 SELL 489.06 SELL
MA_12 490.84 SELL 496.69 SELL
MA_20 496.87 SELL 504.78 SELL
MA_32 524.34 SELL 522.59 SELL
MA_50 547.37 SELL 536.16 SELL
MA_100 584.84 SELL 539.35 SELL
MA_200 486.59 SELL 481.09 SELL

OIL Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 496.87 Downtrend
MACD 2.55 BUY
ADX 27.62 Strong Trend
DMI (+/-) 16.62 / 30.79 Downtrend

OIL Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 36.75 Neutral
STOCHASTIC_K (Fast) 12.29 Oversold
STOCHASTIC_D (Slow) 14.09 Oversold
CCI -65.16 Neutral
PSAR 535.85 SELL
TRUE RANGE 18.25 SELL
ATR 23.19 SELL
WILLIAMS R -78.65 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -51.75 SELL

OIL Last 1 Year Trend

Duration Value
1 Year 131.22%
3 Months -30.83%
1 Month -9.82%
1 Week -9.36%

OIL Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 13%
SELL 80%

Most popular Questions & Answers about OIL


Oil India Ltd. stock last traded price is 507.15. OIL share price moved Up by 4.34% from its previous close of Rs 486.05.

Oil India Ltd. share price trend is Up with a total of 1955990 stocks traded till now. It has touched an intraday high of Rs 775.579 and an intraday low of Rs 487.5. The OIL trading at 507.15, Up by Rs. 21.10, or 4.34 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 502.99.

The market cap of Oil India Ltd. is ₹24881.2 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Oil India Ltd. as of Nov 22, 2024 is 8.53.

The current price to book ratio for Oil India Ltd. as of Nov 22, 2024 is 1.87.

The highest price of Oil India Ltd. stock is ₹767.9 in the last 52-week.

The lowest price of Oil India Ltd. stock is ₹195.47 in the last 52-week.

Oil India Ltd. share trading at ₹507.15, Up by Rs. 21.10, or 4.34 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 ₹464.7 on downside and ₹771.7 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 ₹771.7 on downside and ₹822.1 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 ₹822.1 on downside and ₹879.6 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 ₹950 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.

The price of Oil India Ltd. (OIL) shares moved by 4.34%. The short-term trend for OIL share price is Up. It implies that the share price of OIL will stay the same tomorrow and that intraday traders should treat VWAP at 502.99 as a stop loss. Investors with a long-term outlook can track OIL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of OIL stock is 509.7. Compared to the current market price of 507.15 INR, the OIL stock is Undervalued by 0.5%.

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 42.51. Oil India Ltd. book value per share as of today is 271.25. The current price to book ratio for OIL as of Nov 23, 2024 is 1.87.


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 245.45 32.06 243.22
GAIL 192.80 15.84 97.61
GUJGASLTD 461.65 18.4 111.7
ASIANENE 323.00 9.8 62.67
PETRONET 323.60 26.12 113.09
IGL 312.65 22.96 122.17
OIL 507.15 42.51 271.25
GSPL 332.10 19.93 182.03
HINDOILEXP 187.32 2.75 76.63
JINDRILL 742.80 35.1 406.14
Updated at: 22 Nov 2024 15:31

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