|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||169.00 - 173.15|
|52-week range||151.10 - 391.50|
|PE ratio (TTM)||7.28|
|Forward dividend & yield||10.00 (6.21%)|
|1y target est||215.09|
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...
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...
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.
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.
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.
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...
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.
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.
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 ...
State refiners such as Indian Oil have raised imports after Iran agreed to steep shipping discounts.
IOC is working on alternative strategies for crude oil purchases to offset potential cut in imports from Iran.
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.
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 ...
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'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.
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.
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 ...
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.
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.
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.
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 ...
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.
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 ...
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.