OIL | Investment Pick

Updated
📊 DETAILS
Sector: Oil Exploration and Production
Mkt Cap: 38,539 cr

Oil India Ltd is engaged in exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. It also provides various E&P related services for oil blocks.

TTM PE : 6.56 (High PE)
Sector PE : 7.62
Beta : 0.77

📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation

1.51% away from 52 week high
Outperformer - Oil India up by 9.75% v/s NIFTY 50 up by 9.39% in last 1 month

📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Note
Trail SL to 376
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Booked some qty today
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Trade closed: target reached
Multiyear target achieved. Next positional target 735
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