04 Sep 2025, 13:44 IST
Oil India Limited
JM Financial · BUY · target INR 700
The note says JM Financial maintains BUY and raises its target price to INR 700 from INR 555 (14.3% upside from CMP of INR 613), citing reasonable risk-reward, expected 15-17% earnings CAGR over 3-5 years from 20-30% output growth aided by the Indradhanush gas pipeline and NRL's expansion from 3mmtpa to 9mmtpa, with the stock trading at 6.9x FY27E EPS and 1.3x FY27E BV.
From Oil India 1QFY25, written by JM Financial and hosted by Investment Guru India. Orivam summarised it; the view is JM Financial's, not Orivam's.
Open the original PDF on Investment Guru India →Research PDFs are often removed by the firms that publish them. The summary above is kept so this page still means something if that happens.