Oil India subsidiary NRL granted Navratna status by Government of India

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OIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹410.90

prior close

₹411.65

announcement price

After-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)-0.0%-0.8% vs market

Oil peers, median of 15sector · industry level-0.8%-0.0% vs sector

On the reaction day the stock moved 0.8 pts less than Nifty Midcap 150 and in line with its Oil peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-0.3

15m

-0.9

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.8-0.0-0.8-0.8-0.0

Next day

+0.3+0.4-0.1-0.5+0.8

-1.7-1.4-0.3-3.8+2.1

-2.2-1.0-1.2-3.4+1.2

-2.9-1.9-1.0-3.7+0.8

-1.7-1.1-0.6-1.1-0.6

-2.0+0.0-2.0+0.3-2.3

15d

-2.0+0.3-2.3+0.5-2.6

+2.3+1.9+0.3-2.1+4.4

+23.1-0.6+23.7-8.4+31.6

+19.6-5.1+24.7-1.0+20.6

UpDownMarket · Nifty Midcap 150Sector · Oil peers, median of 15Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Oil India Limited's material subsidiary Numaligarh Refinery Limited has been granted Navratna status by the Department of Public Enterprises, Ministry of Finance, Government of India. Navratna status gives public sector companies greater financial and operational autonomy, including higher investment and spending limits without needing government approval. NRL is Oil India's key refining subsidiary.

Likely market impact

Positive for Oil India. NRL gains greater financial and operational autonomy, potentially enabling faster expansion and investment decisions.