Oil India Limited primarily focuses on the exploration, development, and production of crude oil and natural gas. The company also deals with the transportation of crude oil and the production of liquid petroleum gas. As a central public sector enterprise, Oil India Share Price Target 2024, 2025, 2027, and 2030, Oil India plays a significant role in India’s energy sector.
Overview Of Oil India (OIL) Ltd Company
Oil India, headquartered in Duliajan, Noida, and Guwahati, was established on February 18, 1959. It is the second-largest national oil and gas extraction company in India, operating under the administrative control of the Ministry of Petroleum and Natural Gas. The company holds the prestigious “Maharatna” status.
Key Details
Attribute
Value
Market Cap
₹1,01,123.43 Crore
Face Value
₹10
Book Value
₹275.23
P/B Ratio
2.26
Dividend Yield
2.55%
52-Week High
₹653.12
52-Week Low
₹169.10
NSE Symbol
OIL
Oil India has a robust infrastructure, including trunk pipelines for crude oil transportation, enhancing its strategic importance in India’s petroleum industry.
Financial Data Analysis Of Oil India Ltd Company
PE Ratio (Price To Earning Ratio)
Metric
Value
PE Ratio
18.00
Return on Assets (ROA)
Metric
Value
ROA
12.74%
Current Ratio
Metric
Value
Current Ratio
1.90
Return On Equity (ROE)
Metric
Value
ROE
22.12%
Oil India Share Price Target 2024, 2025, 2027, 2030
Oil India shows a bullish trend in the share market, listed under BSE and NSE. The company’s share price has demonstrated significant growth over the last year.
Oil India Share Price Target 2024
Target
Price
1st
₹630
2nd
₹840
Oil India Share Price Target 2025
Target
Price
1st
₹1005
2nd
₹1125
Oil India Share Price Target 2027
Target
Price
1st
₹1425
2nd
₹1663
Oil India Share Price Target 2030
Target
Price
1st
₹2225
2nd
₹2325
How To Purchase Oil India Share?
Oil India shares can be purchased through various trading platforms such as:
Zerodha
Upstox
Groww
Angelone
Peer’s Company of Oil India
Key competitors in the oil and gas sector include:
What is the Oil India Share Price Target for the year 2024?
1st Price Target: ₹630 2nd Price Target: ₹840
What is the Oil India Share Price Target for the year 2025?
1st Price Target: ₹1005 2nd Price Target: ₹1125
What is the Oil India Share Price Target for the year 2026?
1st Price Target: ₹1325 2nd Price Target: ₹1477
What is the Oil India Share Price Target for the year 2027?
1st Price Target: ₹1425 2nd Price Target: ₹1663
What is the Oil India Share Price Target for the year 2028?
1st Price Target: ₹1725 2nd Price Target: ₹1925
What is the Oil India Share Price Target for the year 2030?
1st Price Target: ₹2225 2nd Price Target: ₹2325
Is Oil India Share good to buy?
Based on current trends and company growth, Oil India shares appear to be a good long-term investment.
What is the future of Oil India Company?
Oil India is expected to continue its growth trajectory, benefiting from its strategic importance in India’s energy sector.
Conclusion
Oil India Ltd shows a promising future with its strong financial performance, strategic initiatives, and growing demand in the oil and gas sector. Investors seeking long-term gains might find Oil India shares to be a valuable addition to their portfolio.
Disclaimer: The information provided is for educational purposes only. Please consult with a certified financial advisor before making any investment decisions.
