Oil India rises on signing incubation agreement with Ohm Clean Tech
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Oil India is currently trading at Rs. 237.40, up by 2.50 points or 1.06% from its previous closing of Rs. 234.90 on the BSE.
The scrip opened at Rs. 236.95 and has touched a high and low of Rs. 238.60 and Rs. 235.50 respectively. So far 16229 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 267.70 on 01-Oct-2021 and a 52 week low of Rs. 112.00 on 12-Apr-2021.
Last one week high and low of the scrip stood at Rs. 244.05 and Rs. 234.25 respectively. The current market cap of the company is Rs. 25776.31 crore.
The promoters holding in the company stood at 56.66%, while Institutions and Non-Institutions held 28.02% and 15.33% respectively.
Oil India (OIL) has signed an Incubation agreement with the Start-up Ohm Clean Tech for Design, Integration and Development of 9-M Hydrogen Fuel Cell powered e-Bus, and a Liquid Organic Hydrogen Carrier (LOHC) solution. The Start-up will be mentored and nurtured under the prestigious IIT-Guwahati.
Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.
