Indian Oil Corporation Limited (NSE: IOC)

India flag India · Delayed Price · Currency is INR
128.26
-1.57 (-1.21%)
Jan 24, 2025, 3:30 PM IST
-7.69%
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]

Sector Energy
Founded 1959
Employees 30,321
Stock Exchange National Stock Exchange of India
Ticker Symbol IOC
Full Company Profile

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 Statements

News

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...

3 days ago - NDTV

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...

3 days ago - The Times of India

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.

4 days ago - Financial Post

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...

5 days ago - Business Upturn

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...

6 days ago - OilPrice com

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 ...

8 days ago - Business Upturn

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...

9 days ago - OilPrice com

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...

13 days ago - The Times of India

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.

24 days ago - The Times of India

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 ...

26 days ago - Business Upturn

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.

4 weeks ago - The Times of India

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 ...

4 weeks ago - OilPrice com

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.

5 weeks ago - The Times of India

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.

5 weeks ago - The Times of India

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...

5 weeks ago - Business Upturn

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...

5 weeks ago - Business Upturn

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.

6 weeks ago - Business Upturn

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...

7 weeks ago - The Times of India

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

2 months ago - GuruFocus

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...

2 months ago - Business Upturn

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...

2 months ago - The Times of India

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, ...

2 months ago - The Times of India

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 ...

2 months ago - The Times of India

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...

2 months ago - Business Upturn

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 ...

2 months ago - The Times of India