Oil PSU Oil India To Consider Dividend, Shares Outperform Market

Maharatna company Oil India share price today tanked 2.14% to Rs 407.45 per share on Bombay Stock Exchange (BSE) as Sensex slid steeply by 1281.68 points to settle at 81,148.22. The oil PSU witnessed impressive surge of 13.54% in last 1-month and outperformed market. During the similar time span, Sensex gained 7.97%, BSE Energy index surged 8.90%, and BSE Oil & Gas 8.36%. The company informed today that its Board of Directors will convene meeting on May 21, 2025 to consider and approve financial results and recommend final dividend, if any.

It is interesting to note that OIL had recommended an interim dividend of Rs 7.00 per share and shares traded ex-dividend on Feb 17, 2025. Meanwhile, the company has a market capitalisation of Rs 66,276.13 crore. The return on equity (ROE) of the stock stood at 13.75%. OIL share recorded decline of 15.05% in last 6-months and gained 138.5% in last 2-years. Life Insurance Corporation Of India (LIC) has 6.51% stake in OIL. The stake of LIC stood at 6.53% for December and September 2024 and 7.34% in July 2024 quarter. Check more details below:

Maharatna Oil PSU Oil India To Consider Dividend, Shares Outperform Market

Oil India Ltd To Consider Financial Results, Final Dividend On May 21

According to the BSE filing of the leading Oil PSU dated May 13, 2025, “Pursuant to Regulation 29 of the SEBI (LODR) Regulations, 2015, it is hereby informed that the Board Meeting of the Company is scheduled to be held on Wednesday,21″tMay,2025, inter-alia:

To consider and approve the Audited Financial Results of the Company for the Quarter & Year ended 31’t March, 2025 on Standalone and Consolidated basis, and
To Recommend Final Dividend for F.Y. 2024-25, if any.”

Oil India Dividend History

The PSU recommended 38 dividends since 2010. In last 1-year, Oil India recommended an equity dividend amounting to Rs 12.50 per share. At the current share price of Rs 407.45, it offers a dividend yield of 3.07%.

Oil India Shares Performance

The 52-week high price of Oil India stock on BSE is Rs 767.30 apiece (as on 30/08/2024) and 52-week low price is Rs 322.15 apiece (as on 07/04/2025), respectively. Oil India stock price slipped 6.75% year-to-date, gained a little over 1% in last 1-year, and surged 177.48% in last 3-years. The stock gained 614.8% in last 5-years.

Oil India Financials Compared With Peer Group

The PSU for the December 2024 quarter declared its Profit After Tax (PAT) at Rs 1221.80 crore. In comparison, ONGC announced a PAT of Rs 8,239.92 crore, SELAN announced a PAT of Rs 18.50 crore, and HINDOILEXP reported a PAT of Rs 4.93 crore.

Disclaimer: The story highlights upcoming dividend, financial results, and should not be considered as investment advice by the Moneydaily.in or the Author. Moneydaily.in and the author will not be held responsible for any losses caused as a result of decisions based on the above information. Moneydaily.in advises readers to do their own research or consult a SEBI registered investment advisor before making any investment decisions.