
Oil India (OIL) Share Price Fall Streak: Second Straight Session Lower
Updated: 1 Oct 2026 • 2:21 pm
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Oil India Share Price has now fallen for the second straight session, with the cumulative move across the streak standing at -5% from Rs 460. The stock last traded at Rs 437, and according to Univest data, the price pattern is confirmed, but no company-specific catalyst is established. The latest Oil India Share Price move keeps the stock in focus because it shows a repeated lower close rather than an isolated one-day dip.
Oil India Share Price matters here because the company still carries a market capitalisation of Rs 74,823.96 crore, which places the move in large-cap territory. For readers, a second straight lower close is more informative than a single-session fall because it shows that weakness has carried across two trading days. The Oil India Share Price Fall Streak therefore deserves a closer look through price action, valuation and sector comparison, not just the headline decline.
Oil India (OIL) Share Price Fall Streak: Consecutive Decline Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 437 |
| Previous Close | Rs 447.1 |
| Today's Move | -Rs 10.10 (-2.26%) |
| Open | Rs 447 |
| High | Rs 447.2 |
| Low | Rs 436.4 |
| Market Capitalisation | Rs 74,823.96 crore |
Oil India Share Price was last traded at Rs 437 after moving down Rs 10.10, or -2.26%, from the previous close of Rs 447.10. The session opened at Rs 447, touched a high of Rs 447.20 and a low of Rs 436.40, so the trade settled near the lower end of the day’s range. That pattern keeps the Oil India Share Price Fall Streak visible in real time and shows that the stock stayed below the prior close through most of the session.
The intraday band was narrow at the top and wider on the lower side, with Rs 436.40 marking the session low and Rs 447.20 the high. Oil India Share Price also kept its large-cap profile intact with a market capitalisation of Rs 74,823.96 crore. In a streak setup, the current print matters more than the opening level because the market is reading the follow-through across consecutive sessions. That is why the Oil India Share Price Fall Streak remains a live market event rather than a one-off move.
What the Consecutive Declines Show
The Oil India Share Price Fall Streak is now a second straight session, and the cumulative change from Rs 460 to Rs 437 is -5%. That makes the story about pattern, not just percentage change. The latest Oil India Share Price therefore sits below both the starting point of the streak and the previous close, which helps frame the move as persistent weakness across two sessions.
For investors, a consecutive decline tells a different story from a single lower print because the second session confirms that the first day was not an isolated adjustment. According to Univest data, the pattern is established, but the reason is not. The Oil India Share Price Fall Streak should therefore be read as confirmed price behaviour, with the cause still not established by the numbers alone.
Oil India (OIL) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 74,823.96 crore |
| P/E Ratio | 8.71x |
| P/B Ratio | 1.18x |
| ROE | 14.01% |
| ROCE | 12.43% |
| EPS | Rs 51.35 |
| Book Value Per Share | Rs 380.21 |
| Dividend Yield | 2.57% |
Oil India (OIL) fundamental metrics show P/E 8.71x, P/B 1.18x, ROE 14.01%, ROCE 12.43%. These ratios show where the company stands today and are not a call to buy or sell.
Oil India has a market capitalisation of Rs 74,823.96 crore and falls in the Large Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 8.71x, P/B at 1.18x 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. According to latest Univest data, additional metrics include EPS of Rs 51.35, book value per share of Rs 380.21, dividend yield of 2.57%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 27.22x, median ROE of 11.34%, median ROCE of 9.94%. Together they describe the fundamental backdrop without implying 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 | 8.71x |
| Benchmark Median P/E | 27.22x |
| Benchmark Average P/E | 34.61x |
| Benchmark P/E Range | 6.5x to 90.33x |
| Company P/B Ratio | 1.18x |
| Benchmark Median P/B | 1.97x |
| Benchmark Average P/B | 4.53x |
| Company ROE | 14.01% |
| Benchmark Median ROE | 11.34% |
| Benchmark Average ROE | 6.39% |
| Company ROCE | 12.43% |
| Benchmark Median ROCE | 9.94% |
| Benchmark Average ROCE | 6.93% |
| Company Market Capitalisation | Rs 74,823.96 crore |
| Benchmark Median Market Cap | Rs 2,312.69 crore |
| Benchmark Average Market Cap | Rs 31,991.66 crore |
Oil India (OIL) operates in the Crude Oil sector, within the Oil Exploration industry.
Oil India (OIL) has a P/E ratio of 8.71x, which is below the benchmark median of 27.22x, a difference of -68%. A P/E difference of this kind is a reference point rather than a recommendation.
Oil India (OIL) has a ROE of 14.01%, which is above the benchmark median of 11.34%, a difference of +23.54%. Oil India (OIL) has a ROCE of 12.43%, which is above the benchmark median of 9.94%, a difference of +25.05%.
Track stocks among today's decliners through the Univest top decliners 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 | ONGC | 2,89,346.42 | 6.5 | 0.75 | 13.92 | 15.96 |
| Deep Industries | DEEPINDS | 5,026.24 | 23.44 | 2.32 | 10.32 | 7.44 |
| Selan Exploration Technology | ANTELOPUS | 3,972.35 | 29.93 | 5.64 | 15.07 | 19.72 |
| Dolphin Offshore Enterprises (India) | DOLPHIN | 2,604.5 | 35.51 | 6.94 | 21.9 | 14.92 |
| Asian Energy Services | ASIANENE | 2,326.32 | 39.9 | 4 | 12.99 | 14.79 |
Oil India (OIL) has a P/E ratio of 8.71x compared with the displayed peer median of 29.93x. 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 14.92%, providing a capital-efficiency comparison. Oil India (OIL) has a market capitalisation of Rs 74,823.96 crore. Among the 5 peers shown, 1 has a larger market capitalisation.
Why Investors Are Watching Oil India
- The Oil India Share Price Fall Streak has extended to a second straight session, keeping the stock in focus for price-action watchers.
- Oil India Share Price is trading at Rs 437, below the two-session starting point of Rs 460.
- The P/E of 8.71 and P/B of 1.18 put the stock below the industry median on both key valuation measures.
- ROE of 14.01% and ROCE of 12.43% give the Oil India Share Price Fall Streak a clear return-on-capital context.
- The company’s Rs 74,823.96 crore market capitalisation means the move matters within the large-cap segment.
About Oil India
Oil India operates in the Crude Oil sector and the Oil Exploration industry. The business context that matters most for the Oil India Share Price Fall Streak is its position as a large-cap exploration company with valuation and return metrics that can be compared directly with other listed upstream names. The Oil India Share Price is therefore being watched not as a small, speculative move but as a repricing in a sizeable company with established sector relevance.
The latest Oil India Share Price also needs to be read with the company’s earnings and book-value base in mind. That helps explain why the market is able to compare the stock with sector benchmarks on P/E, P/B, ROE and ROCE in a straightforward way. The business lens is simple: Oil India is an oil exploration name, and its share price behaviour is being read against that industry backdrop.
Track Oil India Share Price on Univest
Use Oil India (OIL) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Readers can track Oil India Share Price on Univest for live price updates, valuation ratios, 52-week levels and market insights in one place. The Oil India Share Price Fall Streak can be followed alongside the company’s fundamentals, sector context and peer comparison, which makes it easier to review the move in a structured way. Univest also keeps the Oil India Share Price page useful for quick reference across sessions.
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 Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why is Oil India Share Price falling today?
Ans. The price move is confirmed in Univest data; a company-specific reason has not been established. Oil India Share Price is at Rs 437, down 2.26% from the previous close of Rs 447.
What does the Oil India Share Price Fall Streak mean?
Ans. It means Oil India Share Price has posted two consecutive lower closes. The cumulative move across the streak is -5% from Rs 460, so the story is a pattern of repeated weakness rather than a one-session dip.
What was the latest Oil India Share Price?
Ans. Oil India Share Price last traded at Rs 437. That is Rs 10.10 below the previous close of Rs 447.10 and places the stock below the streak starting point of Rs 460.
How large is Oil India in market value terms?
Ans. Oil India has a market capitalisation of Rs 74,823.96 crore. That keeps Oil India Share Price in the large-cap bracket and gives the two-session move more weight than a similar decline in a smaller company.
What do Oil India valuation metrics show?
Ans. Oil India Share Price is trading at a P/E of 8.71 and a P/B of 1.18. Those readings are below the sector benchmark median for both measures, while the earnings and book-value base remains unchanged across the streak.
How do returns look against the sector benchmark?
Ans. Oil India reports ROE of 14.01% and ROCE of 12.43%. Both are above the same-industry median figures of 11.34% and 9.94%, which gives Oil India Share Price a stronger return profile than the benchmark midpoint.
How does Oil India compare with peers?
Ans. Oil India Share Price has a much larger market capitalisation than the listed peers shown, while its P/E sits above ONGC but below most of the smaller peers. Its ROE is near ONGC and above several peers.
What should investors track next in Oil India Share Price?
Ans. Investors can track whether Oil India Share Price holds below Rs 447.10 or moves back above it. The key context is the second straight session of decline, along with the valuation and sector comparison already visible.
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