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    Buy Oil India, target price Rs 205: ICICI Securities

    Synopsis

    Oil India Ltd., incorporated in the year 1959, is a Mid Cap company (having a market cap of Rs 14943.10 Crore) operating in Gas & Petroleum sector.

    Promoters held 56.7 per cent stake in the company as of Dec 30, 2020, while FIIs held 6.8 per cent, DIIs 19.6 per cent and public and others 17 per cent.
    ICICI Securities has buy call on Oil India with a target price of Rs 205. The current market price of is Rs 138.4. Time period given by analyst is one year when Oil India price can reach defined target.

    Oil India Ltd., incorporated in the year 1959, is a Mid Cap company (having a market cap of Rs 14943.10 Crore) operating in Gas & Petroleum sector.

    Financials
    For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 2246.20 Crore, down -1.78 % from last quarter Total Income of Rs 2286.82 Crore and down -27.39 % from last year same quarter Total Income of Rs 3093.72 Crore. Company reported net profit after tax of Rs 696.01 Crore in latest quarter.

    Did you Know?

    Stock score of Oil India Ltd moved down by 1 in 3 months.

    View Latest Stock Report  »

    Promoter/FII Holdings
    Promoters held 56.7 per cent stake in the company as of Dec 31, 2020, while FIIs held 6.8 per cent, DIIs 19.5 per cent and public and others 17 per cent.

    (Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
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