Oil India surges as its arm to form joint venture with Hindustan Waste Treatment
Oil India is currently trading at Rs. 521.00, up by 13.50 points or 2.66% from its previous closing of Rs. 507.50 on the BSE.
The scrip opened at Rs. 518.45 and has touched a high and low of Rs. 531.00 and Rs. 514.65 respectively. So far 834082 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 531.00 on 14-May-2026 and a 52 week low of Rs. 384.60 on 29-Aug-2025.
Last one week high and low of the scrip stood at Rs. 531.00 and Rs. 448.35 respectively. The current market cap of the company is Rs. 84298.95 crore.
The promoters holding in the company stood at 56.66%, while Institutions and Non-Institutions held 36.98% and 6.37% respectively.
Oil India’s Board approved Joint Venture Agreement (JVA) between OIL Green Energy (Wholly Owned Subsidiary of Oil India) and Hindustan Waste Treatment (HWTPL) to form a Joint Venture Company (JVC) to act as an execution vehicle for development, implementation and operation of Compressed Biogas (CBG) Projects.
The Board of Directors of the Company in its Meeting held on May 13, 2026, has approved the same.
