Oil India Ltd is up for a third straight session today. The stock is quoting at Rs 490.45, up 1.31% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.78% on the day, quoting at 23300.45. The Sensex is at 74020.15, down 0.84%. Oil India Ltd has gained around 3.23% in last one month.
Meanwhile, Nifty Energy index of which Oil India Ltd is a constituent, has gained around 2.1% in last one month and is currently quoting at 40189.65, down 0.2% on the day. The volume in the stock stood at 25.81 lakh shares today, compared to the daily average of 61.57 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 495.5, up 1.42% on the day. Oil India Ltd is up 15.4% in last one year as compared to a 5.36% slide in NIFTY and a 12.24% slide in the Nifty Energy index.
The PE of the stock is 17.68 based on TTM earnings ending March 26.
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Certain tele-fraudsters / unscrupulous and unregistered portfolio managers call customers or SMS them on the pretext of providing investment tips and lure them to invest through their bogus firms by promising huge profits.
Such deceitful callers ask the customer to share his/her login credentials with passwords to allow trading in their accounts, assuring huge returns.
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At times, the holdings of customers are sold at prices detrimental to the customer. The so-called “portfolio manager” assures profits, which naturally does not materialize. Customers are deceived into providing access to their trading accounts, thereby allowing such fraudsters access to funds and securities available to execute trades, injurious to the customer’s interest.
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