at cmp~340,This has doubled from 170.
While, Oil India Limited is strategically planning to diversify its operations, expand its reach in the energy sector, embrace green technologies, and actively engage in the evolving landscape of renewable energy and electric vehicles in India.
- Gas Infrastructure: Establishing an integrated gas grid in the Northeast.
- Pipeline Efficiency: Creating a dedicated gas pipeline to Numaligarh Refinery for better market access.
- Market Expansion: Upgrading crude oil and product pipelines and increasing capacity at NRL.
- City Gas Distribution: Developing CGD networks in Assam, Haryana, and Maharashtra.
- Petrochemicals: Expanding the portfolio of petrochemical derivatives.
- Green Energy Diversification: Venturing into green hydrogen, compressed biogas, and bioethanol.
- Renewable Focus: Embracing solar, wind, geothermal, and CCUS technologies.
- EV Revolution: Actively participating in India’s electric vehicle revolution.
Does it mean rather just being on PSU rally, oil india has longer way to go & current rally is sustainable ?
D-Invested ~190 level.
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