Indian Oil Corporation Ltd (IOC)
₹78.4
Indian Oil Corporation Ltd Performance
| Returns % | |
| 1 Month Return | 2.02 % |
| 3 Month Return | 5.38 % |
| 1 Year Return | -1.01 % |
Analyst Rating
based on 30 analysts
Based on 30 analysts offering long term price targets for Indian Oil Corporation Ltd. An average target of ₹89.66
Source: S&P Global Market Intelligence
Analyst Forecast
Indian Oil Corporation Ltd price forecast by 30 analysts
Upside of14.36%
High
₹150
Target
₹89.66
Low
₹60
Current Price: ₹78.4
Target Price: ₹89.66
Source: S&P Global Market Intelligence
Indian Oil Corporation Ltd Price Movements
Indian Oil moved marginally higher on 22 Mar, 2023
Indian Oil share price gained marginally following board approval for a study to set up a Rs 61,077 crore petrochemical complex in Odisha.
Indian Oil fell 1% on 21 Mar, 2023
Indian Oil share price decreased. Recently, the company signed a joint-venture agreement with NTPC Green Energy to set up renewable energy power plants which capped the downside.
Indian Oil gained 2% on 16 Mar, 2023
Indian Oil share price rose on the back of reports of the PSU major planning to set up a separate arm for its renewables business.
IOC remained flat on 27 Feb, 2023
IOC share price closed flat. The PSU major recently announced that it would set up hydrogen plants at all its refineries.
Indian Oil Corporation Ltd Valuation
Indian Oil Corporation Ltd in the last 5 years
Lowest (-95.07x)
June 8, 2020
Today (17.55x)
March 24, 2023
Highest (28.08x)
December 16, 2020
17.55x
Price to Earnings TTM Ratio
Insights on Indian Oil Corporation Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 1 Year
In the last 1 year, IOC has outperformed top 5 stocks with highest market-cap in Oil & Gas Refining and Marketing
- POSITIVE IMPACT
Price Rise
In the last 3 years, IOC stock has moved up by 51.1%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, -991.55Cr → 773.23Cr (in ₹), with an average increase of 228.2% per quarter
NO EFFECTAgainst Peers
In the last 3 years, Reliance Industries Ltd has given 105.5% return, outperforming this stock by 54.4%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 51.50% of holdings in Dec 2022 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 10.42% to 10.33% in Dec 2022 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 2.09% to 2.00% in Dec 2022 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 7.22% to 7.01% in Dec 2022 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 2.24LCr → 2.07LCr (in ₹), with an average decrease of 3.8% per quarter
Indian Oil Corporation Ltd Peer Comparison
Indian Oil Corporation Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 51.5% | 0.00 | |
| Foreign Institutions | 7.01% | ||
| Mutual Funds | 2% | ||
| Retail Investors | 10.33% | ||
| Others | 29.16% | 1.39 |
Indian Oil Corporation Ltd Company Financials
News
Businessline Campus Connect Lecture held at JU Business School
Excelsior Correspondent JAMMU, Mar 24: Aimed at fostering dialogue and connect between academic and corporate spheres, Businessline Campus Connect Lecture serie... Read more
25 Mar, 2023 03:13 AMIOCL would spend $61.077 billion to build a petrochemical facility in Paradip
The board of directors of the state-run Indian Oil Company (IOCL) authorized the construction of a petrochemical complex in Paradip in Odisha, with an estimated... Read more
23 Mar, 2023 08:26 PMNTPC and IOCL reach an agreement to establish renewable energy projects
The aim is to address the 24/7 power needs of IOCL refineries.... Read more
23 Mar, 2023 04:13 PMCorporate Announcements
Indian Oil Corporation Ltd Earnings Results
Indian Oil Corporation Ltd’s net profit fell -87.41% since last year same period to ₹773.23Cr in the Q3 2022-2023. On a quarterly growth basis, Indian Oil Corporation Ltd has generated 177.98% jump in its net profits since last 3-months.
Read MoreIndian Oil Corporation Ltd Dividends May,2022
In the quarter ending June 2022, Indian Oil Corporation Ltd has declared dividend of ₹2.4 - translating a dividend yield of 16.45%.
Read More
Indian Oil Corporation Ltd Company Information
IOCL operates in the fields of refining, pipeline transportation and marketing of petroleum products, natural gas and petrochemicals. Its product range includes petrol, diesel, lubricants, kerosene, aviation turbine fuel, liquefied petroleum gas, naphtha, bitumen, petrochemical feedstock, paraffin wax, sulphur and other petroleum products. IOCL's popular brands include XTRAPREMIUM, XTRAPOWER, SERVO, INDANE, XTRAMILE and XTRAPRIDE.
IOCL is also involved in the exploration and production of oil and gas, and the production of petrochemicals. It has joint ventures in the areas of refining, petrochemicals, lubricants, pipelines and marketing. IOCL is also involved in the production of alternative sources of energy such as biofuels and wind energy.
Indian Oil Corporation Ltd Share Price: ₹78.40 per share as on 24 Mar, 2023 04:01 PM
Indian Oil Corporation Ltd Market Capitalisation: ₹1,10,781.12Cr as of today
Indian Oil Corporation Ltd Revenue: ₹207,446.64Cr as on December 2022 (Q4 22)
Indian Oil Corporation Ltd Net Profit: ₹773.23Cr as on December 2022 (Q4 22)
Indian Oil Corporation Ltd Listing date: 08 Sep, 1995
Indian Oil Corporation Ltd Chairperson Name: Shrikant Madhav Vaidya
| Organisation | Indian Oil Corporation Ltd |
| Headquarters | Mumbai |
| Industry | Refineries |
| E-voting on shares | Click here to vote |
Frequently Asked Questions
Indian Oil Corporation Ltd(IOC) share price today is ₹78.40 (last updated 24 Mar, 2023 at 04:01 PM)
- Today’s highest price of Indian Oil Corporation Ltd(IOC) is ₹79.20.
- Today’s lowest price of Indian Oil Corporation Ltd(IOC) is ₹78.00.
- (last updated 24 Mar, 2023 at 04:01 PM)
| Indian Oil Corporation Ltd(IOC) | Price |
|---|---|
| 52 Week High | ₹90.70 |
| 52 Week Low | ₹65.20 |
| Indian Oil Corporation Ltd(IOC) | Returns (%) |
|---|---|
| 1 Day Returns | -0.76% |
| 1 Month Returns | 2.02% |
| 1 Year Returns | -1.01% |
| 3 Year Returns | 51.06% |
| 5 Year Returns | -29.67% |