Oil India Ltd. (OIL): Oil India Share Price Rises 2% Today: What the Move Shows
- September 1, 2026
- Posted by: Harsh Piplani
- Category: News
Oil India Share Price today stood at Rs 490.8, up Rs 9.6 or 2% from the previous close of Rs 481.2. The stock opened at Rs 484.8, touched a day high of Rs 491.4 and a day low of Rs 484.8, while turnover stood at Rs 1.3 crore. At that price, Oil India Ltd. carried a market capitalisation of Rs 78,638.35 crore.
The available data confirms the move but does not establish a company-specific trigger. So this update focuses on what is verifiable: the day’s price action, current valuation, profitability profile, sector benchmark and peer positioning in the Crude Oil and Oil Exploration space.
From the supplied fundamentals, the company trades at a P/E of 9.37 and a P/B of 1.27. ROE stands at 14.01% and ROCE at 12.43%. EPS is Rs 51.35, book value is Rs 380.21 and dividend yield is 2.39%. That combination makes the current Oil India Share Price move notable not just for the 2% rise, but also for how the stock sits relative to industry medians and selected peers.
Oil India Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 490.8 |
| Previous Close | Rs 481.2 |
| Today's Move | Rs 9.6 (+2%) |
| Open | Rs 484.8 |
| High | Rs 491.4 |
| Low | Rs 484.8 |
| Turnover | Rs 1.3 crore |
| Market Capitalisation | Rs 78,638.35 crore |
| Market Cap Category | Large Cap |
Oil India Ltd. (OIL) rose to Rs 490.8 from the previous close of Rs 481.2, a move of Rs 9.6 or 2%. The stock opened at Rs 484.8, reached a high of Rs 491.4, recorded a low of Rs 484.8.
Oil India Ltd. (OIL) rose from Rs 481.2 to Rs 490.8, a gain of Rs 9.6 or 2% in the session covered by this article. The stock opened at Rs 484.8, which was also the day low, and later moved up to Rs 491.4 before settling slightly below that mark at Rs 490.8.
That intraday pattern suggests the stock traded with positive momentum through most of the session. Because the low matched the opening level of Rs 484.8 and the closing reference in this dataset remained close to the high of Rs 491.4, the move reflects firm trading rather than a late reversal. Turnover of Rs 1.3 crore gives additional session context, though the dataset does not provide historical turnover for comparison.
For readers tracking Oil India Share Price on a single-day basis, the main takeaway is straightforward: the stock stayed in positive territory versus the previous close and held close to its intraday high. The dataset supports that observation, but it does not support assigning a specific catalyst.
Oil India Ltd. (OIL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 78,638.35 crore |
| P/E Ratio | 9.37x |
| P/B Ratio | 1.27x |
| ROE | 14.01% |
| ROCE | 12.43% |
| EPS | Rs 51.35 |
| Book Value Per Share | Rs 380.21 |
| Dividend Yield | 2.39% |
Oil India Ltd. (OIL) fundamental metrics show P/E 9.37x, P/B 1.27x, ROE 14.01%, ROCE 12.43%. These figures provide context only and are not a buy or sell signal.
Oil India Ltd. has a market capitalisation of Rs 78638.35 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 9.37x, P/B at 1.27x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 14.01% and ROCE of 12.43%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 51.35, book value per share of Rs 380.21, dividend yield of 2.39%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 23.26x, median ROE of 12.08%, median ROCE of 12.38%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Crude Oil |
| Industry | Oil Exploration |
| Benchmark Scope | same industry |
| Company P/E Ratio | 9.37x |
| Benchmark Median P/E | 23.26x |
| Benchmark Average P/E | 32.66x |
| Benchmark P/E Range | 6.71x to 85.4x |
| Company P/B Ratio | 1.27x |
| Benchmark Median P/B | 1.83x |
| Company ROE | 14.01% |
| Benchmark Median ROE | 12.08% |
| Company ROCE | 12.43% |
| Benchmark Median ROCE | 12.38% |
| Company Market Capitalisation | Rs 78,638.35 crore |
| Benchmark Median Market Cap | Rs 2,244.49 crore |
Oil India Ltd. (OIL) is classified under sector: Crude Oil and industry: Oil Exploration.
Oil India Ltd. (OIL) has a P/E ratio of 9.37x, which is below the benchmark median of 23.26x, a difference of -59.72%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Oil India Ltd. (OIL) has a ROE of 14.01%, which is above the benchmark median of 12.08%, a difference of +15.98%. Oil India Ltd. (OIL) has a ROCE of 12.43%, which is above the benchmark median of 12.38%, a difference of +0.4%.
Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Oil & Natural Gas Corporation Ltd. | ONGC | 2,92,114.08 | 6.71 | 0.77 | 13.92 | 15.96 |
| Deep Industries Ltd. | DEEPINDS | 4,319.04 | 21.42 | 2.12 | 10.32 | 7.44 |
| Selan Exploration Technology Ltd. | ANTELOPUS | 2,769.39 | 20.87 | 3.9 | 17.23 | 22.91 |
| Dolphin Offshore Enterprises (India) Ltd. | DOLPHIN | 2,459.88 | 32.49 | 6.35 | 21.9 | 14.92 |
| Asian Energy Services Ltd. | ASIANENE | 2,338.71 | 39.88 | 3.65 | 13.53 | 16.63 |
Oil India Ltd. (OIL) has a P/E ratio of 9.37x compared with the displayed peer median of 21.42x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 14.01% compares with a peer median of 13.92% across the companies shown in the table. ROCE stood at 12.43% versus the displayed peer median of 15.96%, providing a capital-efficiency comparison. Oil India Ltd. (OIL) has a market capitalisation of Rs 78,638.35 crore. Among the 5 peers shown, 1 have a larger market capitalisation.
Why Investors Are Watching Oil India
- The stock rose 2% today to Rs 490.8 from Rs 481.2.
- It opened at Rs 484.8, hit Rs 491.4 and stayed near the day high.
- P/E of 9.37 and P/B of 1.27 are below same-industry medians of 23.26 and 1.83.
- ROE of 14.01% and ROCE of 12.43% are above industry averages of 6.5% and 7.25%.
- Market capitalisation of Rs 78,638.35 crore makes it one of the larger names in the industry set.
About Oil India
Oil India Ltd. is part of the Crude Oil sector and Oil Exploration industry. In the context of this article, the most useful company background is its standing within a 12-company same-industry benchmark. That places it alongside exploration-focused listed names such as ONGC, Deep Industries, Selan Exploration Technology, Dolphin Offshore Enterprises and Asian Energy Services.
The supplied data shows that Oil India combines large scale with lower-than-median valuation multiples and profitability metrics that hold up reasonably well against the industry benchmark. That is the central context behind the latest Oil India Share Price move.
Track Oil India Share Price on Univest
Use Oil India Ltd. (OIL) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.
Use the Oil India Ltd. (OIL) live share-price page, the Univest top gainers screener and Univest market blogs to follow live price data, market movers and related analysis. These pages help readers monitor Oil India Share Price, compare sector peers and review valuation metrics in one place.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Oil India Share Price rising today?
Ans. Oil India Share Price rose 2% today to Rs 490.8 from the previous close of Rs 481.2. The supplied data confirms the gain and intraday strength, but it does not establish a company-specific catalyst.
What is Oil India Share Price today?
Ans. Oil India Share Price today is Rs 490.8. The stock opened at Rs 484.8, touched a high of Rs 491.4 and a low of Rs 484.8. The previous close was Rs 481.2.
How does Oil India compare with its industry on valuation?
Ans. Oil India trades at a P/E of 9.37 and P/B of 1.27, below the same-industry medians of 23.26 and 1.83. This suggests lower relative valuation versus the benchmark set, but it is not a buy or sell signal.
How profitable is Oil India versus the industry benchmark?
Ans. Oil India reports ROE of 14.01% and ROCE of 12.43%. These are above the industry averages of 6.5% and 7.25%, while also sitting at or slightly above the benchmark medians of 12.08% and 12.38%.
How does Oil India compare with ONGC?
Ans. Compared with ONGC, Oil India has a higher P/E of 9.37 versus 6.71 and a higher P/B of 1.27 versus 0.77. Its ROE is slightly higher at 14.01% versus 13.92%, while its ROCE is lower than ONGC’s 15.96%.
