Oil India shines on signing contract with Dolphin Drilling
Oil India is currently trading at Rs. 564.00, up by 9.00 points or 1.62% from its previous closing of Rs. 555.00 on the BSE.
The scrip opened at Rs. 564.25 and has touched a high and low of Rs. 571.10 and Rs. 561.30 respectively. So far 55210 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 652.50 on 12-Jul-2024 and a 52 week low of Rs. 170.73 on 24-Jul-2023.
Last one week high and low of the scrip stood at Rs. 624.30 and Rs. 546.50 respectively. The current market cap of the company is Rs. 90276.73 crore.
The promoters holding in the company stood at 56.66%, while Institutions and Non-Institutions held 37.06% and 6.28% respectively.
Oil India has signed a contract with Dolphin Drilling, Norway, a leading drilling contractor for the offshore oil & gas industry, for the hiring of the ‘Anchor Moored Semi-Submersible Drilling Unit Blackford Dolphin’ on July 22, 2024, in Delhi.
The Blackford Dolphin will be deployed for drilling in Andaman Offshore Blocks to undertake exploration activities in the block.
Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.
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