Oil India Ltd Share Price – NSE /  BSE

Crude Oil & Natural Gas, Small Cap

OIL Green Energy (OGEL), a wholly owned subsidiary of Oil India, has entered a Memorandum of Understanding (MoU) with Numaligarh Refinery (NRL), on 20 April 2026, for collaboration in the development, procurement and supply of renewable energy, with special emphasis on group captive requirement.

This initiative marks a significant milestone in OGEL/ OIL's strategic commitment towards integrating renewable energy into its operations, in addition to meeting captive energy requirements in its group entities. The collaboration is envisaged to facilitate diversification and scaling up of OGEL's renewable energy portfolio, while supporting Oil India's net zero target by 2040 and contributing to the Government of India's vision of achieving net zero emissions by 2070.

Oil India Ltd rose for a third straight session today. The stock is quoting at Rs 476.5, up 1.1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.88% on the day, quoting at 23839.75. The Sensex is at 76813.27, down 0.95%. Oil India Ltd has added around 3.56% in last one month.

Meanwhile, Nifty Energy index of which Oil India Ltd is a constituent, has added around 4.39% in last one month and is currently quoting at 37174.6, up 0.2% on the day. The volume in the stock stood at 50.14 lakh shares today, compared to the daily average of 57.91 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 477.95, up 1.21% on the day. Oil India Ltd is up 30.21% in last one year as compared to a 2.19% gain in NIFTY and a 12.51% gain in the Nifty Energy index.

The PE of the stock is 18 based on TTM earnings ending December 25.

Ganesha Ecosphere Ltd, DCM Shriram Ltd, Zydus Wellness Ltd and Coal India Ltd are among the other losers in the BSE's 'A' group today, 08 April 2026.

Oil India Ltd lost 4.76% to Rs 459 at 14:45 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 7.39 lakh shares were traded on the counter so far as against the average daily volumes of 2.67 lakh shares in the past one month.

Ganesha Ecosphere Ltd tumbled 4.07% to Rs 1062.55. The stock was the second biggest loser in 'A' group.On the BSE, 94776 shares were traded on the counter so far as against the average daily volumes of 2.5 lakh shares in the past one month.

DCM Shriram Ltd crashed 3.33% to Rs 1113. The stock was the third biggest loser in 'A' group.On the BSE, 1638 shares were traded on the counter so far as against the average daily volumes of 3984 shares in the past one month.

Zydus Wellness Ltd fell 3.13% to Rs 480.3. The stock was the fourth biggest loser in 'A' group.On the BSE, 1.26 lakh shares were traded on the counter so far as against the average daily volumes of 6.78 lakh shares in the past one month.

Coal India Ltd shed 2.95% to Rs 449.2. The stock was the fifth biggest loser in 'A' group.On the BSE, 4.74 lakh shares were traded on the counter so far as against the average daily volumes of 6.11 lakh shares in the past one month.

Oil India has inaugurated the capacity augmentation project of the Numaligarh-Siliguri Product Pipeline (NSPL).

The Numaligarh-Siliguri Product Pipeline (NSPL) is a 654-km long, 406 mm (16-inch) diameter cross country multi-product pipeline which was originally designed and operated for a capacity of 1.72 Million Metric Tonnes Per Annum (MMTPA), the pipeline has now been upgraded to 5.5 MMTPA to support the expansion of Numaligarh Refinery from 3.0 MMTPA to 9.0 MMTPA under the Government of India's Hydrocarbon Vision 2030 for the North-East.

The capacity enhancement has been achieved through upgradation of existing infrastructure, including conversion of pigging stations at Sekoni, Guwahati, Bongaigaon and Madarihat into Intermediate Pumping Stations, augmentation of pumping facilities at Numaligarh Dispatch Terminal and Upgradation of facilities at Siliguri Receipt Terminal for enhanced operational efficiency and safety.

Implemented as a brownfield project, the augmentation has been completed within approximately Rs 750 crore against the approved cost of Rs 860 crore, achieving substantial savings while optimizing the utilization of existing assets. During the execution phase, the project generated significant employment, with around 4.1-million-man hours over a period exceeding three years across Assam and West Bengal.

The project represents a major milestone in strengthening petroleum product transportation infrastructure in the North-Eastern region and enhancing India's energy security.

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