Friday 13 November 2015

Oil India plunges 7%

The Company has posted a net profit of Rs. 6748.00 million for the quarter ended September 30, 2015 as compared to Rs. 6083.30 mn for the quarter ended September 30, 2014.


News Newspaper Text
Shares of Oil India Ltd were lower by 7% at Rs. 365. The Company has posted a net profit of Rs. 6748.00 million for the quarter ended September 30, 2015 as compared to Rs. 6083.30 mn for the quarter ended September 30, 2014. 

Total Income has increased from Rs. 26204.40 mn for the quarter ended September 30, 2014 to Rs. 29565.10 mn for the quarter ended September 30, 2015.

The scrip opened at Rs. 389.7 and has touched a high and low of Rs. 389.7 and Rs. 362.25 respectively. So far 552447(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 23606.61 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 627.05 on 27-Nov-2014 and a 52 week low of Rs. 388.5 on 10-Nov-2015. Last one week high and low of the scrip stood at Rs. 406.7 and Rs. 388.5 respectively.

The promoters holding in the company stood at 67.64 % while Institutions and Non-Institutions held 18.7 % and 13.66 % respectively.

The stock is currently trading above its 200 DMA.

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