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1:2 bonus shares after 6 years & Rs 3.75/share dividend announced: President of India-backed low PE & high ROE multibagger stock; Reports positive FY24 results!
Oil India Ltd, a central public sector undertaking, is a major player in India's oil and gas industry. They focus on activities across the entire oil and gas production chain, including exploration, development, and production of crude oil and natural gas. They also handle the transportation of crude oil, production of liquefied petroleum gas (LPG), and even offer related services for oil blocks. Notably, the company was recently accorded "Maharatna" status in recognition of