Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

Returns vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

India and Russia reaffirmed their commitment to increase sourcing of Russian crude oil on long term contracts through preferential pricing

India, Russia reaffirm commitment to increase sourcing of Russian crude oil

India on Tuesday announced that it will release five million barrels of crude oil from its strategic petroleum reserves in consultation with other big global oil consumers such as the US, China, Japan, and the Republic of Korea. Mint takes a look at the implications:

The implications of releasing strategic oil

The consortium of ONGC Videsh, Indian Oil Corporation and Oil India is also looking at buying a stake in Novatek, which owns 60 percent in liquefied natural gas project Arctic LNG-2, a report has said

Indian Consortium Considering Oil Projects In Russia’s Rosneft

All stocks listed on Nifty Oil & Gas index were in the red. Heavyweight Reliance Industries (RIL) dragged the index most after calling off a mega-deal with Saudi Aramco.

Bears take control of Nifty Oil & Gas with all stocks trading lower; RIL drags most after calling-off Aramco deal; Oil India top laggard

Prabhudas Lilladher is bullish on Oil India has recommended buy rating on the stock with a target price of Rs 351 in its research report dated November 11, 2021.

Buy Oil India; Target Of Rs 351: Prabhudas Lilladher

The interested and eligible candidates can apply online on the Career section of the official website of OIL at oil-india.com.

Oil India Limited Recruitment 2021: 146 vacancies announced, direct link to apply for Diploma apprentice here

Oil India’s gas production showed a strong uptick. At 0.81 bcm, output was significantly higher than 0.71 bcm in April-June and 0.64 bcm in the year-ago period

Oil India’s outlook boosted by firm oil and gas realisations, rise in output

Results Review For Godrej Consumers, Astral, Oil India, Vinati Organics, Nuvoco

YES Securities stated that the strength in crude oil prices is on account of a temporary mismatch in demand and supply and should moderate as supply situation eases.

YES Securities Downgrades Oil India To ‘sell’ Even As Q2 Profit Doubles, Here’s Why

Oil India Q2 Review - Firing On All Cylinders: Prabhudas Lilladher

OPEC revised the world oil demand growth outlook in 2021 by around 0.16 mb/d, compared to last month’s assessment, to stand at 5.7 mb/d.

Nifty Oil & Gas trades higher after OPEC lowers oil demand outlook for 2021; RIL, HPCL, Oil India, Gujarat Gas lift the index

Oil India Limited is engaged in oil and gas exploration and production projects both in India and abroad.

Oil India Ltd

Oil India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

India, Russia reaffirm commitment to increase sourcing of Russian crude oil

The implications of releasing strategic oil

Indian Consortium Considering Oil Projects In Russia’s Rosneft

Bears take control of Nifty Oil & Gas with all stocks trading lower; RIL drags most after calling-off Aramco deal; Oil India top laggard

Buy Oil India; Target Of Rs 351: Prabhudas Lilladher

Oil India Limited Recruitment 2021: 146 vacancies announced, direct link to apply for Diploma apprentice here

Oil India’s outlook boosted by firm oil and gas realisations, rise in output

Results Review For Godrej Consumers, Astral, Oil India, Vinati Organics, Nuvoco

Oil India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

India, Russia reaffirm commitment to increase sourcing of Russian crude oil

The implications of releasing strategic oil

Indian Consortium Considering Oil Projects In Russia’s Rosneft

Bears take control of Nifty Oil & Gas with all stocks trading lower; RIL drags most after calling-off Aramco deal; Oil India top laggard

Buy Oil India; Target Of Rs 351: Prabhudas Lilladher

Oil India Limited Recruitment 2021: 146 vacancies announced, direct link to apply for Diploma apprentice here

Oil India’s outlook boosted by firm oil and gas realisations, rise in output

Results Review For Godrej Consumers, Astral, Oil India, Vinati Organics, Nuvoco

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

Returns vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's return on equity is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock