IOC.BO - Indian Oil Corporation Limited

BSE - BSE Real Time Price. Currency in INR
155.60
+2.25 (+1.47%)
At close: 3:42PM IST
Stock chart is not supported by your current browser
Previous close153.35
Open155.95
Bid155.75 x 0
Ask156.25 x 0
Day's range152.30 - 156.75
52-week range105.65 - 177.20
Volume850,121
Avg. volume666,041
Market cap1.425T
Beta (3Y monthly)0.48
PE ratio (TTM)8.45
EPS (TTM)18.41
Earnings dateN/A
Forward dividend & yield8.25 (5.23%)
Ex-dividend date2019-03-27
1y target est214.41
  • Saudi to supply an extra 2 million barrels a month to Indian Oil Corp from July
    Reuters5 days ago

    Saudi to supply an extra 2 million barrels a month to Indian Oil Corp from July

    Saudi Aramco will supply state-run Indian Oil Corp Ltd (IOC) an extra 2 million barrels of crude a month from July to December, an IOC executive said on Friday, as New Delhi seeks to make up for a loss in supplies from Iran. Saudi Arabia approached Indian buyers last month offering them additional supplies to compensate for lost Iranian oil after U.S. sanctions kicked in. The United States, which imposed new sanctions on Iran in November, initially gave Indian and seven other buyers a six-month waiver to allow them to continue importing Iranian oil.

  • Slowdown Blues: IOC posts 20% decline in yearly net profit at Rs 16,894 crore; recommends dividend of Re 1 per share
    India Today5 days ago

    Slowdown Blues: IOC posts 20% decline in yearly net profit at Rs 16,894 crore; recommends dividend of Re 1 per share

    The state-owned company's Q4 net profit increased 17 per cent at Rs 6,099.27 crore, compared to Rs 5,218.10 crore in Q4 last year

  • Reuters21 days ago

    Indian Oil plans to shut units at northeast refineries to upgrade fuel: sources

    Indian Oil Corp, the country's top refiner, plans to shut units in phases at its northeast plants from August to produce cleaner fuels, two sources privy to the move said. IOC will shut a delayed coker, hydrotreater and gasoline units for about 15 days for catalyst replacement at its 13,000-barrels-per-day (bpd) Digboi refinery, the sources said. At the 48,000-bpd Bongaigaon refinery, it will shut one of the two crude units, a delayed coker, diesel hydrotreater and hydrogen generation unit for three months from September, they said.

  • Reuterslast month

    Indian refiners turn to OPEC, Mexico, U.S. to make up Iran oil gap

    Indian refiners are increasing their planned purchases from OPEC nations, Mexico and the United States to make up for any loss of Iranian oil if the U.S. enforces sanctions more harshly from next month, sources and company officials said. All four Indian state-owned refiners that buy Iranian oil are confident of securing additional barrels from other producers, officials from the companies told Reuters. India's Bharat Petroleum Corp (BPCL) and Mangalore Refinery and Petrochemicals Ltd (MRPL) have tapped Iraq to make up for Iranian oil, while Indian Oil Corp (IOC) has signed its first annual contract with U.S. suppliers and raised supplies from Mexico.

  • Free Press Journallast month

    IOC to buy crude on real-time basis from New Delhi desk

    India's top refiner Indian Oil Corp (IOC) has set up a trading desk at its office here to buy crude oil from international market on a real-time basis, helping it cut import price by locking in best price and quality, it's Director (Finance) A K Sharma said.

  • Jet hits more turbulence as fleet shrinks and fuel terms tightened
    Reuterslast month

    Jet hits more turbulence as fleet shrinks and fuel terms tightened

    NEW DELHI/SINGAPORE (Reuters) - Jet Airways is fighting for survival as its fleet shrinks and some refiners tighten fuel supply terms despite efforts by the airline's lenders to find a new investor to bail out the cash-strapped Indian carrier. Saddled with more than $1.2 billion of bank debt, the airline has been teetering for weeks and has yet to receive a loan of about $217 million from its lenders as part of a rescue deal agreed in late March. Jet's fleet had shrunk to 119 earlier this year from 124 planes last year and India's aviation regulator has approved the de-registration of seven grounded Boeing 737 planes leased to Jet, according to notices posted on the Directorate General of Civil Aviation's (DGCA) website on Wednesday.

  • Kolkata Port Trust keen to win back Kanpur leather industry business
    Financial Express2 months ago

    Kolkata Port Trust keen to win back Kanpur leather industry business

    At one point of time, the entire Kanpur cargo had been handled by the KoPT but due to congestion the entire cargo shifted to JNPT.

  • Indian Oil recruitment: Registration for engineers posts closes tomorrow, salary up to Rs 17 lakh
    The Indian Express2 months ago

    Indian Oil recruitment: Registration for engineers posts closes tomorrow, salary up to Rs 17 lakh

    Indian Oil recruitment 2019: Candidates will be shortlisted based on GATE 2019 score. For graduate and postgraduate posts the gross remuneration will be about Rs 17 lakh per annum.

  • Indian Oil recruitment 2019 through CLAT score, salary upto Rs 70,000
    The Indian Express2 months ago

    Indian Oil recruitment 2019 through CLAT score, salary upto Rs 70,000

    Indian Oil recruitment 2019: The selected candidates will get a remuneration around Rs 60,000 to 70,000 per month, as per posts. The candidates can apply online through the official website- iocl.com

  • Indian Oil recruitment 2019: Apply for posts through GATE score, salary up to Rs 17 lakh
    The Indian Express2 months ago

    Indian Oil recruitment 2019: Apply for posts through GATE score, salary up to Rs 17 lakh

    Indian Oil recruitment 2019: Candidates will be shortlisted based on their GATE score, selected candidates will be called for interview and next round of selection after which a final merit list will be declared based on which the jobs will be allotted, according to the official notification.

  • Indian Oil’s Ennore terminal set to fast-track city gas project
    Financial Express2 months ago

    Indian Oil’s Ennore terminal set to fast-track city gas project

    The LNG terminal at Ennore will usher in a green wave in South-Eastern part of India by offering natural gas as a clean and economically viable fuel, which will also help in reducing the carbon footprints.

  • Reuters3 months ago

    Indian Oil Corp seeks LNG cargo for April delivery - sources

    Indian Oil Corp is seeking a liquefied natural gas cargo for delivery in April, two industry sources said on Monday. The company is seeking the cargo for delivery into the port of Dahej on April 20, one ...

  • Indian Oil signs first annual deal for U.S. oil
    Reuters3 months ago

    Indian Oil signs first annual deal for U.S. oil

    NEW DELHI/SINGAPORE (Reuters) - Indian Oil Corp, the country's top refiner, has signed its first annual deal to buy U.S. oil, paying about $1.5 billion for 60,000 barrels a day in the year to March 2020 to diversify its crude sources, its chairman said on Monday. IOC is the first Indian state refiner to buy U.S. oil under an annual contract, in a deal that will also help boost trade between New Delhi and Washington. The company has previously purchased U.S. oil from spot markets and signed a mini-term deal in August to buy 6 million barrels of U.S. oil between November and January.

  • Indian Oil buys commissioning cargo of LNG for new Ennore terminal - sources
    Reuters3 months ago

    Indian Oil buys commissioning cargo of LNG for new Ennore terminal - sources

    Indian Oil Corp (IOC) bought a commissioning cargo of liquefied natural gas (LNG) for its new Ennore terminal in south India, in a sign that India's first terminal in the east coast is readying for start-up, three industry sources said on Monday. It bought the cargo at about $9.50-9.90 per million British thermal units (mmBtu), one of the sources said.

  • HPCL Q3 net falls 87% to Rs 248 crore on inventory loss
    Financial Express3 months ago

    HPCL Q3 net falls 87% to Rs 248 crore on inventory loss

    The oil marketing company had made an inventory gain of Rs 1,477 crore in the December 2017 quarter against a loss of Rs 3,465 crore in the December 2018 quarter.

  • Reuters4 months ago

    Indian Oil looking for annual deal to buy U.S. oil

    Indian Oil Corp, the country's top refiner, is looking for an annual deal to buy U.S. crude as it seeks to broaden its oil purchasing options, its chairman said on Wednesday, amid uncertainties over imports from Iran. Washington in November granted a six-month waiver to New Delhi from sanctions against Tehran and restricted India's monthly intake of Iranian oil to 1.25 million tonnes or 300,000 barrels per day. Sanjiv Singh told reporters IOC has not yet finalised from which company it would buy U.S. oil.

  • Reuters4 months ago

    Indian Oil Corp third-quarter profit plunges about 91 percent

    Indian Oil Corp Ltd reported nearly 91 percent slump in quarterly profit on Wednesday, as a plunge in global crude prices took a toll on margins of oil refiners and marketing companies. The three public ...