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Indian Oil Corporation Ltd (IOC)

₹168.840.69%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Performance

  • Day's Low

    Day's High

    ₹168.51
    ₹171.24
  • 52 Week's Low

    52 Week's High

    ₹85.5
    ₹196.8
1 Month Return+ 5.99 %
3 Month Return-3.02 %
1 Year Return+ 82.56 %
Previous Close₹167.68
Open₹169.00
Volume2.80Cr
Upper Circuit-
Lower Circuit-
Market Cap₹2,36,784.93Cr

Analyst Rating

based on 30 analysts

HOLD
33.33%
Buy
23.33%
Hold
43.33%
Sell

Based on 30 analysts offering long term price targets for Indian Oil Corporation Ltd. An average target of ₹160.8

Source: S&P Global Market Intelligence

Company Information

Indian Oil Corporation Ltd (IOCL) is India's largest commercial enterprise and the leading oil and gas company. Established in 1959, IOCL is a Fortune Global 500 company with a turnover of Rs. 4,50,000 crores (US$ 66.8 billion). IOCL has a network of over 34,000 petrol and diesel stations, making it the largest network in India.

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.

Share Price: ₹168.84 per share as on 12 Jun, 2024 04:01 PM
Market Capitalisation: ₹2,36,784.93Cr as of today
Revenue: ₹1,98,649.76Cr as on March 2024 (Q1 24)
Net Profit: ₹5,487.92Cr as on March 2024 (Q1 24)
Listing date: 19 Oct, 1995
Chairperson Name: Shrikant Madhav Vaidya
OrganisationIndian Oil Corporation Ltd
HeadquartersNew Delhi
IndustryRefineries
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Key events for Indian Oil Corporation Ltd

  • IOCL Awards Contract for IT Infrastructure Maintenance - 12 Jun, 2024

    Indian Oil Corporation Limited (IOCL) has awarded a three-year contract worth Rs 114 crore to Corporate Infotech Pvt Ltd (CIPL) for the comprehensive annual maintenance of IT infrastructure across all divisions. The contract will see more than 400 engineers deployed across 131 IOCL locations nationwide.

  • IOCL Plans Green Hydrogen Refinery Plant; Stock Up - 11 Jun, 2024

    Indian Oil Corporation Ltd is set to install a 10 KTA green hydrogen refinery plant in Panipat, while its stock continues to rise for the fifth consecutive session.

  • Indian Oil Corp Partners with HDFC Bank to Launch Fuel Card - 09 Jun, 2024

    Indian Oil Corporation partners with HDFC Bank to launch a co-branded fuel card for users in non-metro cities and towns. Additionally, ONGC Videsh, Oil India, Indian Oil Corporation, and Bharat Petroresources have been owners of 49.9% of Rosneft's subsidiary JSC Vankorneft since 2016.

  • IOCL Faces Margin Pressure Amidst Market Fluctuations and Legal Settlement - 07 Jun, 2024

    Indian Oil Corporation Ltd faces margin pressure amidst market fluctuations and legal settlement with Welspun Enterprises. CLSA report suggests potential de-rating of OMCs and recommends ONGC over IOCL, BPCL & HPCL.

  • Indian Oil Corp Chairman Search Begins - 06 Jun, 2024

    The oil ministry has formed a selection committee to evaluate candidates for the role of Indian Oil Corp chairman. The proposed Central Excise Bill 2024 may also impact compliance requirements for companies such as IOC. The government has invited applications for the new chairman of IOC.

  • Indian Oil Corp Signs JV for Battery Swapping Business - 05 Jun, 2024

    Indian Oil Corporation Ltd has signed a joint venture agreement with Singapore's Sun Mobility Pte Ltd to form a company for battery swapping business in India. The JV will offer Battery-as-a-Service (BAAS) solution for small-format electric vehicles and retrofit to convert to SFEV using docks and batteries to enable their functioning as electric vehicles for SFEV-BAAS over a network of swap points including Indian Oil retail outlets.

  • IOC Commits to Strategic Initiatives and Investments - 04 Jun, 2024

    Indian Oil Corporation Limited approves significant investments and strategic initiatives, including renewable projects. The Petroleum Ministry has advertised a job vacancy for the company's Chairman.

  • IOC Market Cap Nears ₹2.5 Lakh Crore Mark Amid Fuel Price Changes - 03 Jun, 2024

    Indian Oil Corporation's market cap nears ₹2.5 lakh crore as daily fuel prices are released based on international crude oil prices. The government has reduced windfall tax on domestically-produced crude oil. For Q4 FY24, IOC's net profit declined by 25% YoY.

  • IOC Reduces Commercial LPG Cylinder Prices - 01 Jun, 2024

    Indian Oil Corporation (IOC) has reduced the price of commercial LPG gas cylinders by Rs 69.50 in the Delhi region effective June 1, while leaving domestic LPG rates unchanged. IOC also bought the largest volumes of Russian crude oil at 447,986 barrels per day.

  • Indian Oil Reports Record Net Profit and Sales Volume - 31 May, 2024

    Indian Oil Corporation Ltd reported a record net profit of ₹39,619 crore for FY 2023-24, with the highest-ever sales volume of 97.55 million tonnes of products. The stock has given nearly 24% YTD return and a dividend yield of 3.59%.

  • Indian Oil Corp Forms JV with SJVN; Approves Investment Re-Routing - 30 May, 2024

    Indian Oil Corporation has formed a 50:50 joint venture with SJVN for green RTC/renewable projects and approved the re-routing of an investment in 10C Global Capital Management IFSC for acquiring preference shares and warrants of Sun Mobility, Singapore.

  • Indian Oil Forms JV with SJVN for Renewable Projects - 29 May, 2024

    Indian Oil Corporation has formed a 50:50 joint venture company with SJVN to develop renewable projects and other new technology-based projects. The JV formation is subject to approval from the Ministry of Power, NITI Aayog, and DIPAM.

  • IOCL Collaborates with Indian Army for Fuel Cell Technology Trials - 28 May, 2024

    IOCL partners with the Indian Army to explore green and sustainable transport solutions through hydrogen fuel cell bus trials. Meanwhile, IOCL, BPCL, and HPCL begin selling petrol and diesel at international rates.

  • Indian Oil Collaborates with Indian Army for Sustainable Transport Solutions - 27 May, 2024

    Indian Oil Corporation collaborates with the Indian Army for demonstration trials of Hydrogen Fuel Cell Bus technology. Additionally, Indian Oil acquires 100% stake in Mercator Petroleum for Rs 154 crore. Stock exchanges impose a cumulative fine of ₹34 lakh on Indian Oil, Hindustan Petroleum and Bharat Petroleum for not meeting the listing requirement.

  • Indian Oil, ONGC and GAIL Fined for Fourth Straight Quarter - 26 May, 2024

    IndianOil, ONGC, and GAIL have been fined a cumulative amount of Rs 34 lakh by stock exchanges for not meeting the listing requirement in the January-March quarter. The companies failed to meet the requisite number of directors on their board.

  • Indian Oil Declares Dividend Despite Profit Slump - 24 May, 2024

    Despite a 49% decline in consolidated net profit due to various factors including inventory losses, Indian Oil Corporation declared a final dividend of INR 7.00 per share for FY 2023-24, reflecting its commitment to shareholder returns.

  • IOCL Equity Infusion Slashed; Long-Term Supply Contract Expires - 23 May, 2024

    The Indian government has cut equity infusions for IOCL, BPCL, and HPCL by 50%, contradicting its budget commitments. Additionally, IOCL's long-term crude oil supply contract with Russia has expired and has not been renewed yet.

  • IOCL Reports Drop in Q4 Net Profit - 22 May, 2024

    Indian Oil Corporation Ltd reports a decline in consolidated net profit for Q4 FY2023-24 at Rs 5,487.92 crore compared to Rs 10,841.23 crore last year. Additionally, IOCL's term contract with a Eurasian country has expired and not been renewed yet.

  • IOCL Stock Trades Up Amid Govt's Supply Deal Talks - 21 May, 2024

    Indian Oil Corporation Ltd. stock trades up amid talks of the government wanting refiners to secure a portion of their Russian oil supply at a fixed discount. Petrol and diesel are available at an IOCL depot in Dharmanagar through railways and roadways.

  • Indian Oil Corp Plans New Refinery Amid Record High Imports - 20 May, 2024

    Indian Oil Corporation plans to build a new oil refinery in Maharashtra with BPCL, HPCL and Engineers India Ltd. Meanwhile, India's crude oil imports reached a record high in April 2024 due to rising demand.

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.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.75% to 2.34% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 10.14% to 10.20% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, IOC has outperformed top 5 stocks with highest market-cap in Oil & Gas Refining and Marketing

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Hindustan Petroleum Corporation Ltd has given 91.6% return, outperforming this stock by 9.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 51.50% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 8.85% to 8.50% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, IOC stock has moved down by -3.0%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 14.43K Cr → 5.14K Cr (in ₹), with an average decrease of 27.8% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 2.01L Cr → 2.00L Cr (in ₹), with an average decrease of 0.7% per quarter

Indian Oil Corporation Ltd Valuation

Indian Oil Corporation Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-95.07x)

June 8, 2020

Today (5.53x)

June 11, 2024

Industry (46.89x)

June 11, 2024

Highest (28.08x)

December 16, 2020

LowHigh

Mutual Fund Holdings

Funds Holdings
SBI Balanced Advantage Fund Direct GrowthSBI Balanced Advantage Fund Direct Growth2.38%
Kotak Flexicap Fund Direct GrowthKotak Flexicap Fund Direct Growth1.01%
SBI Energy Opportunities Fund Direct GrowthSBI Energy Opportunities Fund Direct Growth3.76%
SBI Arbitrage Opportunities Fund Direct GrowthSBI Arbitrage Opportunities Fund Direct Growth0.93%
SBI Contra Fund Direct GrowthSBI Contra Fund Direct Growth0.88%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
51.5%
0.00
Foreign Institutions
8.5%
0.00
Mutual Funds
2.34%
0.00
Retail Investors
10.2%
0.00
Others
27.47%
0.00

News

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12 Jun, 2024 04:40 PM
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Indian Oil Corporation Ltd (IOC) share price today is ₹168.84

Indian Oil Corporation Ltd is listed on NSE

Indian Oil Corporation Ltd is listed on BSE

  • Today’s highest price of Indian Oil Corporation Ltd is ₹171.24.
  • Today’s lowest price of Indian Oil Corporation Ltd is ₹168.51.

PE Ratio of Indian Oil Corporation Ltd is 5.53

PE ratio = Indian Oil Corporation Ltd Market price per share / Indian Oil Corporation Ltd Earnings per share

Today’s traded volume of Indian Oil Corporation Ltd(IOC) is 2.80Cr.

Today’s market capitalisation of Indian Oil Corporation Ltd(IOC) is ₹236784.93Cr.

Indian Oil Corporation Ltd(IOCPrice
52 Week High
₹196.8
52 Week Low
₹85.5

Indian Oil Corporation Ltd(IOC) share price is ₹168.84. It is down -14.21% from its 52 Week High price of ₹196.8

Indian Oil Corporation Ltd(IOC) share price is ₹168.84. It is up 97.47% from its 52 Week Low price of ₹85.5

Indian Oil Corporation Ltd(IOCReturns
1 Day Returns
1.16%
1 Month Returns
5.99%
3 Month Returns
-3.02%
1 Year Returns
82.56%