OIL India

Crude oil prices topped the $100 per barrel mark after the failure of ceasefire talks between the United States and Iran in Islamabad over the weekend to reach an agreement

ONGC and Oil India shares fell up to 4% as Brent crude dropped below $100 following a US-Iran ceasefire and easing tensions in the Strait of Hormuz.

Amid heightened geopolitical tensions and uncertainty in global oil markets, Oil India Ltd has significantly ramped up crude production from Rajasthan's Thar desert, achieving a record output of 1,202 barrels per day from the Jodhpur sandstone formation, officials said. The state-run company has increased production by around 70 per cent compared to last year's 705 barrels per day, marking a major milestone in efforts to boost domestic output and strengthen energy security. Officials said the crude oil produced in the Baghewala field in Jaisalmer is transported by tankers to Oil and Natural Gas Corporation (ONGC) facilities in Mehsana, Gujarat, from where it is sent via pipeline to the Koyali refinery operated by Indian Oil Corporation Ltd (IOCL). In the financial year 2025-26, Oil India's Rajasthan field recorded an annual production of 43,773 metric tonnes of crude oil, up from 32,787 metric tonnes in the previous year, reflecting strong growth driven by technological advancements

Nomura believes oil marketing companies (OMCs) are likely to face margin pressure after the government raised prices of aviation turbine fuel (ATF) and commercial liquefied petroleum gas (LPG)

Oil prices rose after Iran attacked several energy facilities across West Asia following a strike on ​its South Pars gas field, a major escalation in Tehran's war with the US and Israel

Ajit Mishra of Religare Broking recommends Nifty strategy and two stocks to buy; check details here

Kunal Kamble, technical analyst at Bonanza helps decode a trading strategy in oil & gas related stocks as Crude Oil prices surge to a multi-year high around $119 per barrel on Monday.

Dividend stocks: Among the dividend announcements, Escorts Kubota has declared the highest interim dividend of ₹18 per share, followed by Torent Power and Nirlon at ₹15

Oil India Q3 revenue from operations stood at ₹9,111.43 crore, largely flat on a year-on-year (Y-o-Y) and sequential basis

Aakash Shah, technical analyst at Choice Equity Broking expects ONGC, Oil India and BPCL to gain up to 10 per cent from here based on the strong chart patterns.

ONGC in an exchange filing said that the rise in the company's share price was attributable to the increase in the world crude oil prices.

Oil India hit a 52-week high at ₹492, as the stock rallied 10 per cent, while ONGC surged 7 per cent to ₹266.05 on the BSE in intra-day trade on Wednesday.

Kunal Kamble, sr. technical research analyst at Bonanza, has recommended buying shares of Oil India, Equitas Small Finance Bank, and Dredging Corporation of India today

According to Vinay Rajani of HDFC Securities, the stock price of Oil India is trading above all key moving averages, indicating an uptrend across all time frames

HDFC Securities maintained its 'Buy' rating on Oil India, supported by expectations of 9 per cent CAGR in gas production and 4 per cent CAGR in oil production over FY25-27E

Oil India Ltd, the nation's second biggest state-owned explorer, has roped in French energy giant TotalEnergies to provide technical assistance in finding oil and natural gas reserves in deep and ultra-deepwater areas. "OIL and TotalEnergies inked a technology service agreement on November 19, 2025 in New Delhi to strengthen strategic collaboration for exploration activities in deep and ultra-deepwater offshore frontiers of Indian sedimentary Basins, including the stratigraphic wells as mandated by the government of India," OIL said in a statement on Wednesday. The agreement puts in place a framework to leverage TotalEnergies' expertise in deep and ultra-deepwater exploration value chain across OIL's current and future offshore portfolio. It includes the ongoing appraisal programme of gas find in the shallow offshore blocks in Andaman basin as well as exploration in OIL's ultradeep water blocks in Mahanadi and Krishna Godavari Basins. It also covers evaluation of opportunities under

OIL's oil and gas production was 13-14% lower than guidance in FY25, and recovery did not come in the first six months (H1) of FY26

The state-owned firm's standalone profit, which excludes earnings from joint ventures and overseas operations, fell to 10.44 billion rupees ($118.8 million)

Q2FY26 company results: Firms including Exide Industries, MRF, Siemens, Glenmark Pharma, and Inox Wind are also to release their July-September earnings reports today

Stocks to Watch Today, October 29, 2025: Tata Capital, TVS Motor Company, Adani Green Energy, Larsen & Toubro, and Oil India are among the top stocks to watch during today's trading session