Oil India Limited Share Price & Analysis
Fundamentals
Today's Price Action
Oil India trades flat at ₹466.45 with volume matching its 20-day average of 12.65 L, indicating neutral sentiment and no immediate momentum shift. Lack of price movement and stable turnover suggest traders remain on sidelines.
Valuation Snapshot
Oil India trades at a P/E of 13.1, though sector P/E is unavailable, limiting relative benchmarking. With a ROE of 13.3%, the company demonstrates moderate profitability, supported by operational efficiency in a capital-intensive sector.
Key Levels to Watch
The current price stands ₹57.55 below the 52-week high of ₹524, reflecting a 10.9% discount to its peak. Notably, ₹524 acts as a strong resistance, as the stock has neither surpassed nor touched this level in the past year.
Trader Takeaway
Oil India shows consolidation near multi-month lows with average volume—look for a sustainable break above ₹485 with elevated volume to signal bullish intent.