Oil India (OIL) Share Price Falls 2% Today; Key Levels, Valuation and Peer View
- September 11, 2026
- Posted by: Harsh Piplani
- Category: News
Oil India Share Price fell to Rs 491 on 11 September 2026, down 2% or Rs 10 from the previous close of Rs 501, leaving the company with a market capitalisation of Rs 81,167.73 crore. That makes this Large Cap crude oil explorer one of the noteworthy stocks in news during today’s session, especially as the day’s move came after an opening level of Rs 507.50 and an intraday high of Rs 511.
For investors tracking Oil India Share Price Today, the verified data confirms a clear same-day decline, but it does not establish a company-specific catalyst behind the move. The stock is trending because of the price action itself, the intraday reversal from the day’s high to the day’s low of Rs 491, and because the company’s valuation and profitability metrics remain important relative to its oil exploration peers. Univest notes that the next areas to monitor are whether the stock stabilises around current levels, how it sits against sector benchmarks, and whether its fundamentals continue to support investor attention.
Oil India (OIL) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 491 |
| Previous Close | Rs 501 |
| Today's Move | -Rs 10.00 (-2%) |
| Open | Rs 507.5 |
| High | Rs 511 |
| Low | Rs 491 |
| Turnover | Rs 11.54 crore |
| Market Capitalisation | Rs 81,167.73 crore |
| Market Cap Category | Large Cap |
Oil India Share Price Today reflects a session in which early strength faded into a measurable decline. The stock opened at Rs 507.50 against the previous close of Rs 501, moved up to Rs 511 during the day, and then slipped to an intraday low of Rs 491, where it was also trading at the time of this update. That places the share price down Rs 10, or 2%, on the day, with turnover at Rs 11.54 crore.
The intraday pattern matters because the stock gave up gains after opening above the previous close, which means today’s decline was not simply a weak open but a reversal within the session. As a Large Cap stock with a market cap of Rs 81,167.73 crore, Oil India Share Price tends to attract attention when the move is sharp enough to stand out in Stock Market Today and Share Market Today discussions. Even after this decline, the stock remains above its 50-day moving average of Rs 474.83 and its 200-day moving average of Rs 464.04, which adds important context before moving to fundamentals and sector positioning.
Oil India (OIL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 81,167.73 crore |
| P/E Ratio | 9.76x |
| P/B Ratio | 1.32x |
| ROE | 14.01% |
| ROCE | 12.43% |
| EPS | Rs 51.35 |
| Book Value Per Share | Rs 380.21 |
| Dividend Yield | 2.3% |
Oil India Fundamental Analysis shows a stock that combines large size with moderate valuation multiples and steady profitability metrics. At the current price, the company trades at a P/E ratio of 9.76 and a P/B ratio of 1.32. Its return ratios stand at ROE of 14.01% and ROCE of 12.43%, while EPS is Rs 51.35 and book value per share is Rs 380.21. The dividend yield is 2.3%, which gives additional context for investors looking at historical shareholder payout relative to the current share price.
These figures suggest that Oil India Share Price is drawing attention not because the business appears richly valued on the supplied numbers, but because the stock is moving lower despite valuation metrics that are below much of its industry set. EPS of Rs 51.35 indicates the earnings attributable to each share, while book value of Rs 380.21 shows the accounting net worth behind each share. With a market cap of Rs 81,167.73 crore, Oil India remains a sizeable listed player in oil exploration. On Univest, this combination of price movement, valuation and profitability makes the stock relevant for ongoing stock analysis rather than a one-day market update alone.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Crude Oil |
| Industry | Oil Exploration |
| Benchmark Scope | same industry |
| Company P/E Ratio | 9.76x |
| Benchmark Median P/E | 28.07x |
| Benchmark Average P/E | 37.29x |
| Benchmark P/E Range | 6.85x to 98.86x |
| Company P/B Ratio | 1.32x |
| Benchmark Median P/B | 2.09x |
| Benchmark Average P/B | 4.22x |
| Company ROE | 14.01% |
| Benchmark Median ROE | 12.08% |
| Benchmark Average ROE | 6.5% |
| Company ROCE | 12.43% |
| Benchmark Median ROCE | 12.38% |
| Benchmark Average ROCE | 7.25% |
| Company Market Capitalisation | Rs 81,167.73 crore |
| Benchmark Median Market Cap | Rs 2,592.67 crore |
| Benchmark Average Market Cap | Rs 33,007.69 crore |
Oil India operates in the Crude Oil sector and Oil Exploration industry, and the supplied same-industry benchmark shows why the stock is being closely tracked today. Its P/E of 9.76 is well below the industry median of 28.07 and the average of 37.29, while still above the minimum of 6.85 and far below the maximum of 98.86 across 10 companies with available P/E data.
The valuation gap extends to book value multiples as well. Oil India’s P/B ratio of 1.32 compares with an industry median of 2.09 and an average of 4.22 across 12 companies, within a range of 0 to 17.54. On profitability, the picture is more balanced. Oil India’s ROE of 14.01% is above the industry median of 12.08% and comfortably above the average of 6.5. Its ROCE of 12.43% is marginally above the median of 12.38% and ahead of the average of 7.25. Size is another differentiator: its market capitalisation of Rs 81,167.73 crore is far above the same-industry median of Rs 2,592.67 crore and the average of Rs 33,007.69 crore across 12 companies. Univest therefore sees Oil India Share Price as notable today because the decline is happening in a stock that screens as both large and comparatively inexpensive within its peer set.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Oil & Natural Gas Corporation | ONGC | 2,94,126.93 | 6.85 | 0.79 | 13.92 | 15.96 |
| Deep Industries | DEEPINDS | 5,077.12 | 24.27 | 2.4 | 10.32 | 7.44 |
| Selan Exploration Technology | ANTELOPUS | 3,928.16 | 29.6 | 5.53 | 17.23 | 22.91 |
| Dolphin Offshore Enterprises (India) | DOLPHIN | 2,745.31 | 36.4 | 7.12 | 21.9 | 14.92 |
| Asian Energy Services | ASIANENE | 2,598 | 45.1 | 4.13 | 13.53 | 16.63 |
Peer comparison shows Oil India sitting in an unusual middle ground: much larger than most direct peers, yet valued at a lower multiple than many of them. ONGC trades at a P/E of 6.85, lower than Oil India’s 9.76, and has ROE of 13.92% with ROCE of 15.96%, against Oil India’s 14.01% and 12.43%. That suggests Oil India is close to ONGC on ROE, but behind on ROCE while still remaining substantially smaller than ONGC’s market cap of Rs 2,94,126.93 crore.
Against smaller peers, the contrast is stronger. Deep Industries trades at 24.27 times earnings with ROE of 10.32% and ROCE of 7.44%. Selan Exploration Technology is at 29.6 times earnings with ROE of 17.23% and ROCE of 22.91%. Dolphin Offshore is at 36.4 times earnings and 7.12 times book value, while Asian Energy Services trades at 45.1 times earnings. Compared with these names, Oil India Share Price is backed by lower P/E and lower P/B than most, while profitability remains competitive rather than weak. That relative positioning helps explain why Oil India Stock News and Oil India Share Price Update remain relevant even on a day when the stock has declined.
Why Investors Are Watching Oil India
- The stock fell 2% to Rs 491 after opening at Rs 507.50 and touching Rs 511 intraday.
- Despite today’s decline, the share price remains above the 50-DMA of Rs 474.83 and 200-DMA of Rs 464.04.
- Valuation remains moderate at 9.76 times earnings and 1.32 times book value.
- ROE of 14.01% and ROCE of 12.43% place profitability around or above key industry benchmark levels.
- Its Rs 81,167.73 crore market cap makes it one of the larger listed names in the Oil Exploration space.
About Oil India
Oil India is classified in the Crude Oil sector and the Oil Exploration industry. Based on the supplied market data, it is a Large Cap company and one of the bigger listed businesses in its same-industry benchmark set. That context matters because Oil India Share Price is often assessed not just on daily price moves, but also on how its valuation, profitability and market capitalisation compare with other exploration-focused companies. On Univest, the stock fits into the broader oil exploration universe alongside names such as ONGC, Deep Industries, Selan Exploration Technology, Dolphin Offshore Enterprises and Asian Energy Services.
Track Oil India Share Price on Univest
UseOil India (OIL) live share-price page,Univest top decliners screener,Univest market blogsto review live stock data, top decliners and related market analysis.
Investors tracking Oil India Share Price can use Univest to follow live share price moves, market capitalisation, valuation ratios, profitability metrics, peer comparison and 52-week market insights when available. Univest also helps users monitor Oil India Share Price Today alongside moving averages, sector benchmarks and broader stock analysis, making it easier to place one trading session inside a larger company and industry context.
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 falling today?
Ans. Oil India Share Price is down 2% today, falling from the previous close of Rs 501 to Rs 491. The supplied data confirms the decline and intraday reversal, but it does not establish any company-specific catalyst behind the move.
What is Oil India Share Price Today?
Ans. Oil India Share Price Today is Rs 491 at the time of the update. The stock is down Rs 10, or 2%, from the previous close of Rs 501 after trading between Rs 491 and Rs 511 during the.
What does today’s price action show for Oil India ?
Ans. Today’s price action shows an intraday reversal. Oil India opened at Rs 507.50, above the previous close of Rs 501, rose to Rs 511, and then declined to Rs 491, indicating that early strength was not sustained through the session.
What is Oil India Market Cap?
Ans. Oil India has a market capitalisation of Rs 81,167.73 crore. That places it in the Large Cap category and makes it substantially larger than the same-industry median market cap of Rs 2,592.67 crore in the supplied benchmark set.
How is Oil India valued compared with its industry?
Ans. Oil India trades at a P/E of 9.76 versus the same-industry median of 28.07 and average of 37.29. Its P/B ratio is 1.32, also below the industry median of 2.09 and average of 4.22 in the supplied data.
What do Oil India ’s profitability ratios indicate?
Ans. Oil India reports ROE of 14.01% and ROCE of 12.43%. In the supplied industry benchmark, ROE is above the median of 12.08%, while ROCE is marginally above the median of 12.38%, indicating competitive profitability on available figures.
What are the key fundamental metrics for Oil India ?
Ans. Key metrics include P/E of 9.76, P/B of 1.32, EPS of Rs 51.35, book value of Rs 380.21 and dividend yield of 2.3%. Together, these numbers frame valuation, earnings support and historical payout context for the stock.
How does Oil India compare with ONGC and other peers?
Ans. Oil India’s P/E of 9.76 is above ONGC’s 6.85 but below Deep Industries at 24.27, Selan at 29.6, Dolphin Offshore at 36.4 and Asian Energy Services at 45.1, showing relatively lower valuation versus most smaller peers.
Why are investors tracking Oil India Stock News closely?
Ans. Investors are watching because Oil India Share Price fell 2% in a single session, yet the company still shows a large Rs 81,167.73 crore market cap, moderate valuation, and profitability that compares reasonably well with industry benchmarks.
