Purchase Oil India, goal value Rs 270: Emkay World
Oil India Ltd., included within the yr 1959, is a Mid Cap firm (having a market cap of Rs 21286.87 Crore) working in Gasoline & Petroleum sector.
Oil India Ltd. key Merchandise/Income Segments embrace Oil Crude, Gasoline Pure, Revenue From Transportation Providers, Different Working Income, Renewable Power System and Condensate for the yr ending 31-Mar-2022.
For the quarter ended 30-09-2022, the corporate reported a Consolidated Whole Revenue of Rs 8598.85 Crore, down -26.16 % from final quarter Whole Revenue of Rs 11645.49 Crore and up 15.89 % from final yr identical quarter Whole Revenue of Rs 7420.13 Crore. Firm reported internet revenue after tax of Rs 1728.50 Crore in newest quarter.
The brokerage values OIL on an SOTP foundation, comprising standalone (utilizing DCF) and NRL (DDM). Investments are valued at TP or CMP, with a 30% Holdco low cost. Key dangers: Opposed oil-gas costs, coverage points, native tensions, value overruns, outages, and dry holes.
Promoters held 56.66 per cent stake within the firm as of 30-Sep-2022, whereas FIIs owned 12.42 per cent, DIIs 15.37 per cent.
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