Oil India (OIL) Share Price falls 2.02% today to Rs 478.20

Published:   17 September 2026 at 12:19:29 PM IST

Oil India Share Price opened the session lower, moved between Rs 477.75 and Rs 487, and ended at Rs 478.20 after a decline of 2.02% from the previous close of Rs 488.05. The company’s market capitalisation stands at Rs 78,898.61 Cr, which places it in the Large Cap category supplied for this report. The move is notable because the price closed below the open of Rs 485 and near the day’s low, while no company-specific catalyst has been established in the supplied data. This Oil India Share Price Today update therefore focuses on the verified price event, valuation context and sector positioning rather than any unstated reason. For readers tracking Oil India Stock News, the key question is what today’s decline means relative to the stock’s fundamentals, its Crude Oil industry benchmark and its broader peer set on Univest.

In today’s trade, Oil India Share Price fell Rs 9.85 from the previous close and finished with turnover of Rs 2.95 Cr. The session range was narrow enough to keep attention on price action rather than any external narrative. The stock’s day high of Rs 487 remained below the previous close, while the low of Rs 477.75 was just under the closing print, showing that the final trade sat close to the day’s bottom end. The Oil India Share Price today also matters because it comes against a market cap that is materially larger than the median of the supplied sector peer group. Investors following Oil India Share Price Fall, Oil India Stock Falling Today and Oil India Share News can use these exact figures as the starting point for stock analysis on Univest.

Oil India (OIL) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 478.2
Previous Close	Rs 488.05
Today's Move	-Rs 9.85 (-2.02%)
Open	Rs 485
High	Rs 487
Low	Rs 477.75
Turnover	Rs 2.95 crore
Market Capitalisation	Rs 78,898.61 crore
Market Cap Category	Large Cap

Oil India Share Price Today reflected a clean day-on-day decline rather than a gap move or an outsized intraday swing. The stock opened at Rs 485, traded as high as Rs 487 and as low as Rs 477.75, and settled at Rs 478.20. The previous close was Rs 488.05, so the day change of Rs -9.85 translated into a 2.02% fall. That left the share price below the opening level and near the low of the day. The exact turnover was Rs 2.95 Cr, and the company remains classified as Large Cap in the supplied data. For Oil India Share Price Live tracking, this is a straightforward price action day: the latest quote, the day range and the closing level all confirm a decline, but the data does not establish a company-specific trigger. For readers searching Oil India Stock News or Oil India News Today, the verified event is the price fall itself.

Because the supplied facts confirm the move but do not establish a company-specific catalyst, the best way to read the session is through the numbers alone. The Oil India Share Price update shows that the stock remained below its previous close throughout the session’s final print, and today’s decline was modest in absolute price terms but still visible in percentage terms. Univest will continue to track Oil India Share Price Today alongside the next session’s opening, closing and turnover data, since those will show whether the latest price action extends or stabilises.

Oil India (OIL) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 78,898.61 crore
P/E Ratio	9.5x
P/B Ratio	1.28x
ROE	14.01%
ROCE	12.43%
EPS	Rs 51.35
Book Value Per Share	Rs 380.21
Dividend Yield	2.36%

Oil India’s fundamentals give the decline important context. The company has a market capitalisation of Rs 78,898.61 Cr and an enterprise profile reflected through a P/E ratio of 9.5 and a P/B ratio of 1.28. On the profitability side, ROE stands at 14.01% and ROCE at 12.43%, which indicates that the stock is not trading on weak operating returns in the supplied dataset. EPS is Rs 51.35, book value is Rs 380.21 per share and dividend yield is 2.36%, so Oil India Share Price can also be viewed against a measurable earnings base, accounting net worth and payout history.

These numbers matter for Oil India Fundamental Analysis because they show that the share price fall happened in a company with visible earnings support and a dividend record. The P/E of 9.5 is well below the sector benchmark median of 28.33, while the P/B of 1.28 is also below the sector median of 1.98. That means the stock is valued more conservatively than many peers in the supplied oil exploration set, even though valuation alone does not explain a one-day price move. In Oil India Stock Analysis, the combination of Rs 51.35 EPS, Rs 380.21 book value and 2.36% dividend yield provides the main fundamental frame around today’s decline. Univest readers tracking Oil India Financial Results, Oil India Latest News and Oil India Share Price Update should keep these ratios in view.

Sector and Industry Context

Metric	Value
Sector	Crude Oil
Industry	Oil Exploration
Benchmark Scope	same industry
Company P/E Ratio	9.5x
Benchmark Median P/E	28.33x
Benchmark Average P/E	35.57x
Benchmark P/E Range	6.84x to 94.7x
Company P/B Ratio	1.28x
Benchmark Median P/B	1.98x
Benchmark Average P/B	4.2x
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 78,898.61 crore
Benchmark Median Market Cap	Rs 2,342.34 crore
Benchmark Average Market Cap	Rs 32,899.54 crore

Oil India operates in the Crude Oil sector and the Oil Exploration industry, where the supplied benchmark covers 12 companies in the same industry. The comparison set matters because it shows how the company is positioned on valuation and profitability relative to peers. Oil India’s P/E of 9.5 is below the benchmark median of 28.33 and below the average of 35.57. Its P/B of 1.28 is also below the benchmark median of 1.98 and below the average of 4.2. On profitability, ROE of 14.01% is above the benchmark median of 12.08%, while ROCE of 12.43% is slightly above the benchmark median of 12.38%. These figures place Oil India Share Price in a lower-valuation pocket of the industry while still showing returns that are at or above median levels in the supplied benchmark.

The sector snapshot also shows the company market capitalisation relative to the industry set. Oil India’s Rs 78,898.61 Cr market cap is far above the benchmark median market cap of Rs 2,342.34 Cr and above the benchmark average of Rs 32,899.54 Cr. That is a size comparison only, not a quality judgment. For Oil India Share Price Today, the key sector point is that the company sits in a much larger market-cap bracket than most supplied peers, while its valuation multiples remain below the industry median. Univest’s sector analysis therefore frames Oil India Stock News as a case where today’s price decline should be read against both a large company size and a comparatively restrained valuation profile.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Oil & Natural Gas Corporation	ONGC	2,96,265.58	6.84	0.79	13.92	15.96
Deep Industries	DEEPINDS	4,671.68	22.81	2.26	10.32	7.44
Selan Exploration Technology	ANTELOPUS	4,121.29	31.05	5.81	17.23	22.91
Dolphin Offshore Enterprises (India)	DOLPHIN	2,602.5	35.2	6.88	21.9	14.92
Asian Energy Services	ASIANENE	2,357.2	41.84	3.83	13.53	16.63

The peer set supplied for Oil India Share Price comparison includes ONGC, Deep Industries, Selan Exploration Technology, Dolphin Offshore Enterprises and Asian Energy Services. On valuation, Oil India’s P/E of 9.5 is close to Jindal Drilling’s 9 in the wider benchmark and above ONGC’s 6.84, while it remains well below Deep Industries at 22.81, Selan at 31.05, Dolphin at 35.2 and Asian Energy Services at 41.84. Its P/B of 1.28 is above ONGC’s 0.79 and Jindal Drilling’s 0.92, but below Deep Industries at 2.26 and well below Selan, Dolphin and Asian Energy Services.

On profitability, Oil India’s ROE of 14.01% is above ONGC’s 13.92% and Deep Industries’ 10.32%, but below Selan’s 17.23% and Dolphin’s 21.9%. Its ROCE of 12.43% is below ONGC’s 15.96% and Selan’s 22.91%, while broadly in line with the industry median. On size, Oil India is by far the largest name in the supplied peer list, with Rs 78,898.61 Cr market cap versus ONGC’s Rs 2,96,265.58 Cr and the rest of the peer group much smaller. For Oil India Stock Performance, the peer data shows a mix of lower valuation and mid-range return ratios rather than a stretched valuation profile.

Why Investors Are Watching Oil India

• Oil India Share Price fell 2.02% today to Rs 478.20 from Rs 488.05.
• The day’s range was Rs 477.75 to Rs 487, with turnover of Rs 2.95 Cr.
• Market capitalisation stands at Rs 78,898.61 Cr and the company is classified as Large Cap.
• The P/E ratio is 9.5, the P/B ratio is 1.28, and dividend yield is 2.36%.
• ROE is 14.01% and ROCE is 12.43%, both above or near the supplied sector medians.

About Oil India

Oil India operates in the Crude Oil sector and the Oil Exploration industry. The supplied data identifies the company through those classifications and places it within a sector benchmark built from 12 industry peers. For readers tracking Oil India Share Price and Oil India Company News, the business context here is best understood through the listed sector and industry tags, the market capitalisation and the valuation ratios already provided. Univest uses these factual details to keep Oil India Stock News aligned with the company’s verified market and industry identity.

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.

You can track Oil India Share Price Today, Oil India Share Price Live, valuation ratios, market capitalisation, sector context and peer comparison on Univest. The platform also helps readers follow Oil India Stock Analysis, Oil India Fundamental Analysis, shareholding pattern insights when supplied, and key market updates in one place.

Frequently Asked Questions

Why did Oil India Share Price fall today?

Ans.  The supplied data confirms a 2.02% decline to Rs 478.20, but it does not establish a company-specific catalyst. The session ranged between Rs 477.75 and Rs 487, with the previous close at Rs 488.05.

What is Oil India Share Price today?

Ans.  Oil India Share Price today is Rs 478.20. The stock declined Rs 9.85, or 2.02%, from the previous close of Rs 488.05, and the company’s market capitalisation stands at Rs 78,898.61 Cr.

What are Oil India’s key valuation ratios?

Ans.  Oil India trades at a P/E of 9.5 and a P/B of 1.28. It also has EPS of Rs 51.35, book value of Rs 380.21 and dividend yield of 2.36%, all useful for stock analysis.

How does Oil India compare with sector peers?

Ans.  Oil India’s P/E and P/B are below the supplied sector medians, while ROE at 14.01% and ROCE at 12.43% are around or above benchmark levels. Its market cap is also much larger than the peer median.