Oil India, a government-owned company that explores, develops and produces oil and gas, has transferred 2,28,07,158 equity shares of Numaligarh Refinery (NRL) in favour of Government of Assam on May 31, 2021, at a consideration of Rs. 217.75 per share (total consideration aggregating to Rs. 496,62,58,655).
Post the above transfer, Company's equity shareholding in NRL is 77.06%.
Shares of Oil India are trading at Rs 136.50, up Rs 4.05, or 3.06% at the Bombay Stock Exchange (BSE) on Tuesday at 3:34 p.m.
The scrip has touched an intra-day high of Rs 139 and low of Rs 130. The total volume of shares traded at the BSE is 142,031.Currently, the stock is trading down 1.8% from its 52-week high of Rs 139 and above 64.26% over the 52-week low of Rs 83.10.