June 18, 2025: Oil India, a prominent player in the Oil Drilling and Exploration sector and classified as a Largecap on the BSE, is currently trading at ₹477.65 per share. The stock witnessed intraday fluctuations, hitting a low of ₹477.5 and a high of ₹486, reflecting active trading interest.
Over the past 52 weeks, Oil India’s share price ranged from a low of ₹322.15 to a high of ₹767.3, highlighting significant volatility. Despite this, the stock has delivered notable returns recently, with gains of 0.07% in a single day, 13.11% over the past month, and 24.07% in the last three months.
Technical analysis reveals the daily pivot level at ₹480.83, with resistance points at ₹483.92, ₹489.08, and ₹492.17. Support levels stand at ₹475.67, ₹472.58, and ₹467.42, respectively. Moving averages further paint a positive trend with the 5-day Simple Moving Average (SMA) at ₹465.84 and Exponential Moving Average (EMA) at ₹470.5. The longer-term averages, including the 100-day and 200-day SMAs at ₹404.2 and ₹464.35, respectively, suggest the stock is well-positioned for sustained growth.
Comparing Oil India’s performance to sector peers, the company outshines Oil and Natural Gas Corporation (ONGC). While ONGC posted moderate gains of 2.87% weekly and 3.18% monthly, Oil India’s one-month growth stands higher at 13.25%, with a strong 24.23% rise over the last three months.
Over extended periods, Oil India has shown remarkable strength with 3-year and 5-year returns of 216.28% and 618.78%, respectively, far surpassing ONGC’s 89.53% and 204.18% over the same time frames.
Investors keen on the Oil Drilling and Exploration sector may find Oil India’s consistent performance and technical indicators promising as the company navigates a competitive and evolving energy landscape.