Oil India Ltd. Hits 52-Week High, Outperforms Sector with Strong Performance
Oil India Ltd., a leading player in the oil exploration and refining industry, reached a 52-week high of Rs. 671.45 on May 21, 2024. The stock has shown a strong performance, outperforming the sector by 0.7%. It is currently trading above its moving averages, indicating a bullish trend. With a growth of 140.15% in the past year, the company has proven its strong position in the market. Investors can continue to hold their positions and monitor its performance.
Oil India Ltd., a leading player in the oil exploration and refining industry, has recently hit a 52-week high on May 21, 2024. The stock price reached Rs. 671.45, marking a significant milestone for the company.
According to MarketsMOJO, a leading stock market analysis platform, the current recommendation for Oil India Ltd. is 'Hold'. The stock has shown a strong performance today, outperforming the sector by 0.7%. However, it is worth noting that the stock has fallen after 5 consecutive days of gains, indicating a possible trend reversal.
The stock opened with a gain of 2% today and touched an intraday high of Rs. 671.45, showing a positive momentum. Oil India Ltd. is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend.
In the past year, Oil India Ltd. has shown a remarkable performance with a growth of 140.15%, outperforming the Sensex's performance of 19.71%. This highlights the company's strong position in the market and its ability to generate returns for its investors.
Oil India Ltd. is a largecap company in the oil exploration and refining industry, making it a key player in the sector. With its recent 52-week high, the company has shown its potential for growth and stability in the market. Investors can continue to hold their positions in the stock and keep a close eye on its performance in the coming days.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
