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Oil India: Stock jumps after signing MoU with GAIL

Oil India Limited signs an MoU with GAIL (India) Limited to enhance collaboration across the natural gas value chain and expand access to cleaner energy nationwide.

Introduction

Leading oil and gas company signs an MoU with GAIL India to enhance collaboration across the natural gas value chain, aiming to expand access to cleaner energy and optimize operational synergies nationwide.

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Share price movement of Oil India

On October 01, 2025, Oil India Ltd opened at ₹414.45, up 0.28% from its previous close of ₹413.30. The stock reached a high of ₹418.60 and a low of ₹411.40. By 12:12 PM, it traded at ₹412.00, representing a 0.31% decrease, with a market capitalisation of ₹67,016.24 crore.

Oil India Signs MoU with GAIL India

Oil India Limited signed a Memorandum of Understanding with GAIL (India) Limited to strengthen cooperation across the natural gas value chain and enhance access to cleaner energy nationwide.

The MoU was executed by GAIL’s Director (Marketing) and OIL’s Director (Operations) in the presence of senior officials from the Ministry of Petroleum & Natural Gas, along with the CMDs of both companies.

Recent news on Oil India

As of September 26, 2025, Oil India Limited confirmed natural gas discovery in its Vijayapuram-2 exploratory well in the Andaman Shallow Offshore Block under the Open Acreage Licensing Policy.

Stock performance of Oil India for Period of 1 week, 6 months, and 1 year

Oil India Ltd delivered a 1.77% return over the past week and gained 15.7% over the past six months. The stock declined by -27.2% over the past year.

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Shareholding pattern of Oil India

ParticularsJun 2025Mar 2025Dec 2024
Promoter56.70%56.70%56.70%
FII8.20%8.50%9.40%
DII28.30%28.20%27.10%
Public6.90%6.70%6.80%

About Oil India

Oil India Ltd (NSE: OIL) is engaged in exploration, development, and production of crude oil and natural gas, LPG production, transportation, renewable energy generation, and E&P services, holding “Maharatna” status since August 2023.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Oil India Limited share price going up today?

A: Oil India Limited share price rose after signing an MoU with GAIL India to enhance natural gas collaboration.

Q: How much stake do promoters hold in Oil India Limited stock?

A: Promoters hold a 56.70% stake in Oil India Limited, indicating significant ownership and control in the company.

Q: What is the 52-week high and low of Oil India Limited stock?

A: The 52-week high of Oil India Limited stock is ₹594.15, and the 52-week low is ₹322.15.

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