Indian Oil Corporation Limited (NSE: IOC)
Market Cap | 1.77T |
Revenue (ttm) | 7.67T |
Net Income (ttm) | 175.37B |
Shares Out | 13.77B |
EPS (ttm) | 12.73 |
PE Ratio | 10.07 |
Forward PE | 8.84 |
Dividend | 14.00 (10.92%) |
Ex-Dividend Date | n/a |
Volume | 12,625,505 |
Average Volume | 14,508,625 |
Open | 130.99 |
Previous Close | 129.83 |
Day's Range | 127.90 - 132.75 |
52-Week Range | 121.16 - 196.80 |
Beta | 0.88 |
RSI | 40.12 |
Earnings Date | Jan 28, 2025 |
About Indian Oil Corporation
Indian Oil Corporation Limited, together with its subsidiaries, refines, pipeline transports, and markets petroleum products in India and internationally. It operates through Sale of Petroleum Products, Sale of Petrochemicals, and Other segments. The company’s refinery products include liquefied petroleum gas (LPG), high-speed diesel, motor spirits, kerosene, aviation turbine fuel, light diesel oil, sulphur, raw petroleum coke, carbon black feedstock, naphtha, furnace oil, bitumen, propylene, polypropylene, monoethylene glycol, reformate, light... [Read more]
Financial Performance
In 2023, Indian Oil Corporation's revenue was 7.76 trillion, a decrease of -7.77% compared to the previous year's 8.42 trillion. Earnings were 417.30 billion, an increase of 326.16%.
Financial StatementsNews
Sanctions On Russia Won't Have Big Impact On Oil Prices: Indian Oil Chief
Any further sanctions against Russia will not have any impact on India's crude oil requirements and the global prices should remain stable in the $75-80 per barrel range, as all sanction fears have al...
Fresh US sanctions on Russia to have little impact on India; prices to remain settled at $75-85: IOC Chairman
Indian Oil Chairman Arvinder Singh Sahney states that US sanctions on Russia will have limited impact on India's energy supplies, citing multiple global sources. He forecasts crude prices to remain wi...
Indian Oil to Rebalance Crude Buying After Russia Sanctions
Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the South Asian country’s biggest refiner to seek alternatives.
Stocks in Focus: IOC, HPCL, BPCL gain as reports suggest LPG subsidy approval for FY26
Shares of Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Limited (HPCL), and Bharat Petroleum Corporation Limited (BPCL) rose on January 21 following reports of the Oil Ministry seeking...
India Seeks Alternative Crude Pricing From Middle East as Shipping Costs Soar
The biggest Indian state refiners have asked one Middle Eastern exporter to offer alternative price quotes for its crude as India is scrambling for the cheapest possible supply amid soaring oil and sh...
Chennai Petroleum Q3 FY25 Results: Profit declines 96.7% to Rs 20.78 crore, revenue down 23.6% YoY to Rs 15,683 crore
Chennai Petroleum Corporation Limited (CPCL), a subsidiary of Indian Oil Corporation, has reported its financial results for the quarter ended December 31, 2024. The company posted a sharp decline in ...
India Replaces Russian Oil With Mideast and African Barrels
Indian Oil Corp, the state major, is buying Middle Eastern and African crude to replace Russian volumes affected by U.S. sanctions, including a cargo of Abu Dhabi Murban crude, which IOC does not norm...
Crude price touches $81, highest level since Aug '24
Global oil prices surpassed $81 per barrel, the highest since August 2024, driven by fears of US shipping sanctions affecting Russian oil supplies. This surge is likely to prevent fuel price cuts in I...
Indian Oil to operate 3 pumps at Noida airport
Noida: Noida International Airport (NIA) has entered into a 30-year agreement with Indian Oil Corporation Ltd (IOCL) to establish and operate three st.
LPG Price Cut: Cooking gas becomes cheaper from January 1, 2025 – Check city-wise new rates
Oil Marketing Companies (OMCs) have announced a price reduction for commercial LPG cylinders, effective January 1, 2025. According to Indian Oil, the price of a 19-kg LPG cylinder has been reduced by ...
IOCL project in state
Bhubaneswar: The The Indian Oil Corporation Limited (IOCL) is set to strengthen its presence in Odisha with the grounding of several major projects, i.
Indian Oil Probes Allegations of Albemarle Bribes to State Firms Officials
Indian Oil Corporation (IOC), a state-owned oil giant, has launched an internal investigation over alleged bribes paid by Albemarle to IOC officials to secure contracts more than a decade ago, Indian ...
IOCL to set up 4,382cr megayarn unit in Bhadrak district
Bhubaneswar: Indian Oil Corporation Ltd (IOCL) announced plans to set up a mega yarn unit in Bhadrak district at an investment of around Rs 4,382 cror.
Second blast in 6 weeks rocks IOC refinery near Vadodara
Vadodara: Another explosion and fire occurred at Gujarat Refinery of the Indian Oil Corporation (IOC) in Vadodara on Saturday evening.
Indian Oil Corporation announces Rs 4,382 crore yarn project in Odisha
Indian Oil Corporation Limited (IOC) has announced investment approval for a Yarn Project at Bhadrak, Odisha. The project involves setting up a 900 TPD Continuous Polymerization (CP) unit with downstr...
CLSA optimistic on oil & gas sector; highlights strong demand and margins for OMCs
CLSA remains positive on the oil & gas sector, noting that incremental oil demand for 2025 is likely to match incremental non-OPEC production growth. In India, oil demand increased by 4% YoY in Octobe...
Jefferies upgrades Indian Oil to Buy citing attractive valuations
Jefferies has upgraded Indian Oil Corporation Limited (IOCL) to a Buy rating with a target price of ₹185, citing improving refining fundamentals and attractive valuations after a 20% correction.
Mizoram approves neurosurgery dept at Zoram Medical College
Mizoram government has approved a neurosurgery department at Zoram Medical College to enhance healthcare services, addressing the urgent need for specialized medical care in the region. The initiative...
What To Expect From Indian Oil Corp Ltd (NSE:IOC) Q2 2025 Earnings
What To Expect From Indian Oil Corp Ltd (NSE:IOC) Q2 2025 Earnings
Agarwal Industrial shares surge 3% after company bags orders worth Rs 57.50 cr from BPCL and IOCL
Agarwal Industrial Corporation’s stock rose 3% following the announcement of two significant tenders secured for bulk bitumen supply. The company has received orders from top public sector enterprises...
Magisterial inquiry into refinery accident begins
The magisterial inquiry into the tragic explosions at Indian Oil Corporation's Gujarat Refinery has commenced, following the death of two workers. Villagers demand transparency and accountability from...
Cancer hospitals in Varanasi enhance treatment with new radiation machine
Cancer patients in Varanasi benefit from a new Halcyon Elite Radiation Machine, enhancing treatment capabilities at Mahamana Pandit Madan Mohan Malaviya Cancer Centre and Homi Bhabha Cancer Hospital, ...
Kashi cancer hospitals enhance treatment capacity with new radiation machine
The Mahamana Pandit Madan Mohan Malaviya Cancer Centre and Homi Bhabha Cancer Hospital in Varanasi installed a new radiation machine. Indian Oil Corporation Limited donated the machine as part of its ...
EKI Energy secures Gates Foundation grant to scale IOCL’s Surya Nutan solar cooking rollout
EKI Energy Services Ltd. (EKI) announced a major milestone as the company secured a pilot grant from the Bill & Melinda Gates Foundation (BMGF) to support the distribution of Indian Oil Corporation Li...
Magisterial inquiry ordered into explosion, fire at IOCL refinery
A magisterial inquiry has been initiated into the tragic explosions and extensive fire at the Indian Oil Corporation's Gujarat refinery, which resulted in the deaths of two workers. The investigation ...