Moody's affirms rating of Oil India Ltd and outlook changed to stable

Moody's Investors Service (Moody's) has affirmed the Baa3 long-term issuer rating of Oil India Limited (OIL) and the outlook has been changed to stable from negative in line with the change in sovereign outlook.

Shares of Oil India Limited was last trading in BSE at Rs. 242.55 as compared to the previous close of Rs. 248.30. The total number of shares traded during the day was 96264 in over 2165 trades.

The stock hit an intraday high of Rs. 252.00 and intraday low of 241.60. The net turnover during the day was Rs. 23738295.00.

Source : Equity Bulls

Keywords

OilIndia INE274J01014 OIL Exploration Production RatingUpdate RatingOutlook Moodys