IOC.BO - Indian Oil Corporation Limited

BSE - BSE Real Time Price. Currency in INR
170.40
+0.20 (+0.12%)
At close: 3:40PM IST
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Previous close170.20
Open170.10
Bid0.00 x 0
Ask0.00 x 0
Day's range169.00 - 173.15
52-week range151.10 - 391.50
Volume1,058,585
Avg. volume916,394
Market cap1.614T
Beta0.05
PE ratio (TTM)7.28
EPS (TTM)23.41
Earnings dateN/A
Forward dividend & yield10.00 (6.21%)
Ex-dividend date2018-02-08
1y target est215.09
  • Does Indian Oil Corporation Limited’s (NSE:IOC) PE Ratio Signal A Buying Opportunity?
    Simply Wall St.yesterday

    Does Indian Oil Corporation Limited’s (NSE:IOC) PE Ratio Signal A Buying Opportunity?

    This analysis is intended to introduce important early concepts to people who are starting to invest and want to better understand how you can grow your money by investing inRead More...

  • Simply Wall St.15 days ago

    Will Indian Oil Corporation Limited’s (NSE:IOC) Earnings Grow In The Next Couple Of Years?

    In March 2018, Indian Oil Corporation Limited (NSEI:IOC) released its latest earnings announcement, which confirmed that the business gained from a strong tailwind, eventuating to a double-digit earnings growth ofRead More...

  • Reuters17 days ago

    Saudi Arabia 'revisiting' policy on oil output cuts, India says

    Indian Oil Minister Dharmendra Pradhan said on Wednesday Saudi Arabia and other OPEC producers are "revisiting" their output-cutting policy, referring to a discussion he had with his Saudi counterpart. "For the first time, the Saudi oil minister called us and said 'we are revisiting our policy on oil output cuts'," Pradhan said. This follows news on Tuesday that the U.S. government had unofficially asked Saudi Arabia and some other OPEC producers to raise oil output.

  • Hold Indian Oil; target of Rs 200: JM Financial
    Moneycontrol18 days ago

    Hold Indian Oil; target of Rs 200: JM Financial

    JM Financial recommended hold rating on Indian Oil with a target price of Rs 200 in its research report dated May 22, 2018.

  • IOCL providing LPG connections to Arunachal Pradesh under PMUY
    Moneycontrol18 days ago

    IOCL providing LPG connections to Arunachal Pradesh under PMUY

    IOCL Chief General Manager (Assam Oil Division) Uttiya Bhattacharya said that besides running commercial outlets of the petroleum products, the PSU is engaged in providing PMUY connections to the rural poor.

  • Indian Oil hikes prices of non-subsidised cylinder by nearly Rs 50
    Moneycontrol22 days ago

    Indian Oil hikes prices of non-subsidised cylinder by nearly Rs 50

    The state-owned Indian Oil on Friday hiked prices of non-subsidised cooking gas by up to Rs 49.5. per cylinder for the country's top metros.

  • How Financially Strong Is Indian Oil Corporation Limited (NSE:IOC)?
    Simply Wall St.22 days ago

    How Financially Strong Is Indian Oil Corporation Limited (NSE:IOC)?

    Investors pursuing a solid, dependable stock investment can often be led to Indian Oil Corporation Limited (NSEI:IOC), a large-cap worth ₹1.65T. One reason being its ‘too big to fail’ auraRead More...

  • Buy Indian Oil Corporation; target of Rs 224: HDFC Securities
    Moneycontrol23 days ago

    Buy Indian Oil Corporation; target of Rs 224: HDFC Securities

    HDFC Securities is bullish on Indian Oil Corporation has recommended buy rating on the stock with a target price of Rs 224 in its research report dated May 23, 2018.

  • IOC cuts petrol, diesel prices by 1 paise not 59 paise
    Moneycontrol24 days ago

    IOC cuts petrol, diesel prices by 1 paise not 59 paise

    In New Delhi, a cut of less than 1 percentage point means that petrol will cost 77.83 rupees/litre on Wednesday, while diesel will be sold at 68.75 rupees/litre.

  • Reuters24 days ago

    India's top fuel retailer trims petrol, diesel prices

    Indian Oil Corp, , the country's top refiner and fuel retailer, has marginally cut pump prices of petrol and diesel around India, its website showed on Wednesday. In New Delhi, a cut of less than 1 percentage ...

  • Indian Oil to turn to traditional suppliers in Middle East if US sanctions against Iran disrupts supply, says official
    Firstpostlast month

    Indian Oil to turn to traditional suppliers in Middle East if US sanctions against Iran disrupts supply, says official

    State refiners such as Indian Oil have raised imports after Iran agreed to steep shipping discounts.

  • IOC Working To Steady Indian Oil Imports As U.S. Exits Iran Deal  
    Bloomberg Quintlast month

    IOC Working To Steady Indian Oil Imports As U.S. Exits Iran Deal  

    IOC is working on alternative strategies for crude oil purchases to offset potential cut in imports from Iran.

  • Reuterslast month

    Indian Oil to turn to traditional suppliers to meet Iran oil shortfall

    Indian Oil Corp (IOC), the country's top refiner, will turn to its traditional oil suppliers, mostly in the Middle East, if U.S. sanctions against Iran result in supply disruptions, its head of finance said. U.S. President Donald Trump earlier this month pulled out of a 2015 international nuclear pact with Iran, and said he would impose sanctions on Tehran - and companies that continue to work with it - unless it curbed its influence in the Middle East. Other signatories of the pact - France, Germany, Britain, Russia and China - said they would try to salvage the deal and keep Iran's oil trade and investment flowing.

  • IANSlast month

    Indian Oil Q4 net at Rs 5,218 cr up 40% on inventory gain

    New Delhi, May 22 (IANS) State-run oil marketer Indian Oil Corp (IOC) on Tuesday posted a 40.25 per cent rise in profit at Rs 5,218.10 crore for the fourth quarter ended March, mainly on the back of inventory ...

  • IANS India Private Limitedlast month

    Indian Oil Q4 net at Rs 5,218 cr up 40% on inventory gain

    The country's largest oil marketing firm had recorded a net profit of Rs 3,720.62 crore in the corresponding quarter of last year. Net profit for the entire fiscal 2017-18 at Rs 21,346 crore was an impressive 11.72 per cent improvement over the profit after tax of Rs 19,106 crore in the previous financial year.

  • India says too early to predict sanctions impact on Iran imports
    Reuterslast month

    India says too early to predict sanctions impact on Iran imports

    India's oil minister on Saturday expressed concern about the rise oil prices but said it was too early to predict the impact of U.S. sanctions on his country's imports of Iranian oil after Washington withdrew from the Iran nuclear deal. U.S. President Donald Trump on Tuesday reneged on an international nuclear accord with Iran and announced renewed sanctions against the OPEC member. Pradhan said he was "a little bit concerned" about the impact of the current rise in oil prices on consuming countries but that he did not think oil supply would be an issue.

  • Reuterslast month

    ADNOC set to supply first oil cargo for Indian emergency reserve

    Abu Dhabi National Oil Co (ADNOC) will supply the first oil cargo for India's strategic petroleum reserve (SPR) over the weekend, an Indian government statement said, becoming the first foreign company to lease storage in the country. India, hedging against energy security risks as it imports most of its oil needs, is building emergency storage in underground caverns to hold 36.87 million barrels of crude. ADNOC chief executive Sultan Al-Jaber and Indian oil minister Dharmendra Pradhan, who is visiting the UAE from May 12 to May 14, will wave off the first shipment of oil for the SPR at Mangalore in southern India, the statement added.

  • Global crude oil price rise not supported by fundamentals, says Indian Oil head
    Reuters2 months ago

    Global crude oil price rise not supported by fundamentals, says Indian Oil head

    State-owned crude oil refiner Indian Oil Corp said the company has held back from increasing fuel prices in India. Fuel price movements are deregulated in India and move in line with the rise or fall in ...

  • Saudi Aramco’s Indian refinery investment: A win-win deal for all parties
    Moneycontrol2 months ago

    Saudi Aramco’s Indian refinery investment: A win-win deal for all parties

    With Aramco’s high credit rating, the deal has the potential to significantly bring down the cost of financing for the project which would benefit all the involved stakeholders.

  • Reuters3 months ago

    Indian Oil plans $22 billion expansion over five years

    Refiners in India, the world's third-biggest oil consumer and importer, have sketched out plans to raise their capacity by 77 percent to about 8.8 million bpd by 2030 to meet the country's rising fuel demand. India is emerging as one of the global drivers for refined fuels consumption as its economic expansion and rising industrial activity yields infrastructure improvements and increased energy access for commercial and retail consumers. "There is a need for us to enhance our capacity to meet the future demand and enhance our capacity ... We have already made our plans for investment of 1.06 trillion rupees," B. V. Rama Gopal told a news conference.

  • IANS4 months ago

    Indian Oil, JetPrivilege partner for earning flying miles scheme

    New Delhi, March 6 (IANS) JetPrivilege, the frequent flyer programme of Jet Airways, on Tuesday announced its partnership with state-run Indian Oil Corp (IOC) to allow customers earn flying miles under the JetPrivilege frequent flyer programme when they buy petrol or diesel. This is the first time that a frequent flyer programme (FFP) in India has partnered with the energy sector to allow flyers to earn as well as redeem points every time they refuel at select Indian Oil outlets, according to a JetPrivilege and IOC joint statement here.

  • IANS4 months ago

    B.V. Rama Gopal appointed IndianOil's Director, Refineries

    New Delhi, Feb 13 (IANS) Energy major Indian Oil Corp. On Tuesday said that B.V. Rama Gopal has taken over as Director (Refineries) on its Board with effect from February 12, 2018. "Earlier, he was ...

  • Reuters5 months ago

    Indian Oil to boost Panipat refinery capacity by two thirds

    Indian Oil Corp Ltd plans to increase the capacity of its Panipat refinery by two thirds to 500,000 barrels per day (bpd) at a cost of 231.16 billion rupees rupees ($3.64 billion), the country's largest refiner said on Wednesday. India is increasing refining capacity to keep pace with the expected growth in fuel demand as Prime Minister Narendra Modi seeks to boost the manufacturing sector. The energy-hungry nation's refinery capacity has more-than-doubled since the start of the millennium to about 5 million bpd.

  • Reuters5 months ago

    India's IOC buys U.S. Light Louisiana Sweet oil via tender

    India's top refiner Indian Oil Corp has bought 2 million barrels of U.S. Light Louisiana Sweet crude via a tender for April delivery, its head of finance A. K. Sharma said on Thursday. This is the first ...

  • Reuters5 months ago

    India's 2017 oil demand growth posts lowest gain since 2013

    SINGAPORE/NEW DELHI (Reuters) - Indian oil consumption in 2017 grew at its slowest in four years, according to government statistics, hit by the government's demonetisation move and a tax increase that knocked the gain in fuel use back to a modest 2.3 percent. Last year's oil demand was held back "by headwinds from demonetisation and a new goods and services tax," U.S. bank Morgan Stanley said in a note to clients. India imports almost all of its oil, shipping in around 4.2 million barrels per day (bpd) of crude in 2017, according to trade flow data in Thomson Reuters Eikon.