IOC.NS - Indian Oil Corporation Limited

NSE - NSE Real Time Price. Currency in INR
157.95
-7.00 (-4.24%)
At close: 3:30PM IST
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Previous Close164.95
Open161.00
Bid0.00 x 0
Ask0.00 x 0
Day's Range157.00 - 161.95
52 Week Range157.00 - 231.48
Volume16,984,152
Avg. Volume12,203,506
Market Cap1.495T
Beta0.73
PE Ratio (TTM)7.54
EPS (TTM)20.94
Earnings DateN/A
Forward Dividend & Yield10.00 (5.76%)
Ex-Dividend DateN/A
1y Target Est485.69
  • Reuters20 days ago

    Indian Oil plans $22 billion expansion over five years

    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.

  • Is Indian Oil Corporation Limited’s (NSE:IOC) Balance Sheet A Threat To Its Future?
    Simply Wall St.2 months ago

    Is Indian Oil Corporation Limited’s (NSE:IOC) Balance Sheet A Threat To Its Future?

    The size of Indian Oil Corporation Limited (NSEI:IOC), a IN₨1.83T large-cap, often attracts investors seeking a reliable investment in the stock market. One reason being its ‘too big to fail’Read More...

  • Reuters2 months ago

    Texas flood - U.S. oil exports pour into markets worldwide

    NEW YORK/LONDON/SINGAPORE (Reuters) - In the two years since Washington lifted a 40-year ban on oil exports, tankers filled with U.S. crude have landed in more than 30 countries, ranging from massive economies like China and India to tiny Togo. The repeal has unleashed a flood of U.S. shale oil, undercutting global crude prices, eroding the clout of the Organization of Petroleum Exporting Countries (OPEC) and seizing market share from many of its member countries. In 2005, before the shale revolution, the United States had net imports of 12.5 million barrels per day (bpd) of crude and fuels - compared to just 4 million bpd today.

  • What Does Indian Oil Corporation Limited’s (NSE:IOC) Share Price Indicate?
    Simply Wall St.3 months ago

    What Does Indian Oil Corporation Limited’s (NSE:IOC) Share Price Indicate?

    Today we’re going to take a look at the well-established Indian Oil Corporation Limited (NSEI:IOC). The company’s stock saw a decent share price growth in the teens level on theRead More...

  • Reuters3 months ago

    Indian Oil to boost Panipat refinery capacity by two thirds

    NEW DELHI (Reuters) - 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), ...

  • What Makes Indian Oil Corporation Limited (NSE:IOC) A Good Dividend Stock?
    Simply Wall St.3 months ago

    What Makes Indian Oil Corporation Limited (NSE:IOC) A Good Dividend Stock?

    Indian Oil Corporation Limited (NSEI:IOC) has pleased shareholders over the past 10 years, paying out an average dividend of 3.00% annually. The stock currently pays out a dividend yield ofRead More...

  • Reuters3 months ago

    India's IOC buys U.S. Light Louisiana Sweet oil via tender

    NEW DELHI (Reuters) - India's top refiner Indian Oil Corp has bought 2 million barrels of U.S. Light Louisiana Sweet (LLS) crude via a tender for April delivery, its head of finance A. K. Sharma said on ...

  • Reuters3 months ago

    India's 2017 oil demand growth posts lowest gain since 2013

    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.

  • Does Indian Oil Corporation Limited’s (NSE:IOC) Recent Track Record Look Strong?
    Simply Wall St.4 months ago

    Does Indian Oil Corporation Limited’s (NSE:IOC) Recent Track Record Look Strong?

    In this article, I will take a look at Indian Oil Corporation Limited’s (NSEI:IOC) most recent earnings update (31 March 2017) and compare these latest figures against its performance overRead More...

  • Reuters4 months ago

    IOC shuts FCCU at Paradip refinery after fire

    NEW DELHI (Reuters) - Indian Oil Corp has shut the fluidised catalytic cracking unit (FCCU) at its Paradip refinery, a company spokesman said. FCCU was shut after a fire broke out at a nearby facility ...

  • Reuters4 months ago

    Israel gives initial nod to Indian, Greek exploration companies

    Israel's Energy Ministry on Monday gave preliminary approval to bids from Greek and Indian energy companies to explore for oil and gas in the eastern Mediterranean. Israel had received bids from Greece's Energean and a consortium of Indian firms including ONGC Videsh, Bharat PetroResources, Indian Oil Corp and Oil India. Energean will be granted licenses to explore five offshore blocks, while the Indian group will receive the license for one block, the ministry said.

  • Reuters4 months ago

    Indian refiners turn to use dirty fuel to produce power, gas

    NEW DELHI/MUMBAI (Reuters) - Indian oil refiners are drawing up plans to use petroleum coke for power generation and to produce syngas after the government banned use of the heavily polluting fuel in and around New Delhi. The country's top refiner Indian Oil Corp (IOC) and other refiners have invested billions of dollars in recent years to install delayed coker units to produce high-valued added products such as gasoline and liquefied petroleum gas. The units produce petcoke as a byproduct, equivalent to 25-30 percent of a unit's capacity, which refiners sell to local industries.

  • Indian Oil Corp studies renewed Venezuelan crude purchases
    Reuters5 months ago

    Indian Oil Corp studies renewed Venezuelan crude purchases

    Indian Oil Corp is considering buying Venezuelan crude for the first time in at least six years, in a move that could help the crisis-struck South American nation settle unpaid bills with another state-owned Indian energy firm. Venezuela depends on oil for more than 90 percent of its export revenues. Venezuela's national oil company PDVSA has missed debt payments to ONGC Videsh, the foreign investment arm of Indian explorer Oil and Natural Gas Corp, for six month and wants to settle $449 million dues using existing and new Indian clients.

  • Reuters5 months ago

    COLUMN-India rushing to join natural gas boom risks eventual LNG shortage: Russell

    India is planning to join the Asian rush to boost the use of natural gas over coal, a further sign that the liquefied natural gas (LNG) market will tighten faster than previously expected. India's state oil refiners Indian Oil, Bharat Petroleum and Hindustan Petroleum aim to raise the contribution of natural gas to between 5 percent and 15 percent of their incomes over the coming years, up from virtually zero currently. This is part of the government's target to boost the natural gas portion of India's primary energy mix to 15 percent by 2030, up from 6.5 percent now.

  • Reuters5 months ago

    Indian Oil Corp starts crude oil trading through Singapore subsidiary

    India's top refiner Indian Oil Corp on Wednesday began trading crude oil through its Singapore unit, buying a million barrels of Nigerian oil Akpo, the state-run company's head of finance AK Sharma said. IOCL Singapore Pvt Ltd has bought the parcel from Total for Dec. 8-17 loading, he said. "We have got a very good deal," Sharma told Reuters, adding the cargo will be co-loaded with a million barrels of Angola's Girassol oil, which the refiner has procured under a term deal.

  • Reuters6 months ago

    Morning News Call - India, October 30

    To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_10302017.pdf If you would like to receive this newsletter via email, please register ...

  • Indian Oil aims for LNG import capacity of 13.5 million tonnes in five years
    Reuters6 months ago

    Indian Oil aims for LNG import capacity of 13.5 million tonnes in five years

    NEW DELHI/MUMBAI (Reuters) - State-owned Indian Oil Corp Ltd aims to have capacity to import about 13.5 million tonnes of liquefied natural gas (LNG) in five years, its head of business development said on Friday, helping India to gradually move to a gas-based economy. Prime Minister Narendra Modi's government wants to raise the share of natural gas in India's energy mix to 15 percent in the next few years from about 6.5 percent now. Indian Oil Corp (IOC) currently holds rights to annually import 2.25 million tonnes of the super cooled fuel at Petronet LNG's Dahej terminal in western Gujarat state.

  • Reuters6 months ago

    Indian Oil defers Paradip refinery shutdown to March-April

    Indian Oil Corp, the country's top refinery, has delayed maintenance shutdown at its 300,000 barrels per day (bpd) Paradip refinery in eastern Odisha state to March-April, a company spokesman said on Friday. IOC had earlier planned to shut the refinery for 20 days this month. "Due to a major job at the hydrogen unit, the refinery will be shut for about 45 days in March-April, when we will carry out maintenance at other units as well," he said, adding that the shutdown has been deferred to meet local fuel demand.

  • Reuters6 months ago

    Newest outpost for U.S. crude exports: India

    NEW YORK/NEW DELHI, Oct 17 (Reuters) - India is set to emerge as a key market for American crude exports in coming months, as refineries in that country are ramping up "test" purchases of U.S. grades to diversify their imports. U.S. exports recently set a weekly record with nearly 2 million barrels of crude a day sent overseas.

  • Reuters6 months ago

    Newest outpost for U.S. crude exports: India

    NEW YORK/NEW DELHI (Reuters) - India is set to emerge as a key market for American crude exports in coming months, as refineries in that country are ramping up "test" purchases of U.S. grades to diversify their imports. U.S. exports recently set a weekly record with nearly 2 million barrels of crude a day sent overseas. Refiners are testing both U.S. sweet and sour crudes in their facilities, a common practice when importing crude from new sources.

  • Reuters6 months ago

    Indian Oil willing to buy GAIL or Oil India - exec

    NEW DELHI (Reuters) - Indian Oil Corp is willing to buy state-owned GAIL (India) Ltd or Oil India Ltd, the company's head of finance, A.K.Sharma, said on Monday Indian Oil also plans to open offices in ...

  • Reuters7 months ago

    India's Reliance makes first purchase of U.S. crude - sources

    NEW DELHI/SINGAPORE, Oct 3 (Reuters) - India's Reliance Industries Ltd has purchased crude oil cargoes from the United States for the first time, drawn by the lower price for U.S. oil versus global benchmarks, three trade sources said on Tuesday. Reliance, the owner of the world’s biggest refining complex at Jamnagar, is joining state-run refiners Indian Oil Corp , Bharat Petroleum Corp and Hindustan Petroleum Corp in importing U.S. crude.

  • Oil Refiners in India Are Giving a Boost to Natural Gas
    Bloomberg7 months ago

    Oil Refiners in India Are Giving a Boost to Natural Gas

    A push to use more natural gas by the world’s fastest-growing oil guzzler is getting a boost from an unlikely source: the nation’s gasoline and diesel makers.

  • Reuters8 months ago

    Canada groups continue legal challenge against permit for Petronas' scrapped LNG project

    Canadian environmental and aboriginal groups said they will push ahead with a lawsuit seeking to scrap an environmental permit granted to Malaysia's Petronas for a liquefied natural gas (LNG) facility in British Columbia, despite the oil and gas firm's announcement last month that it was scrapping the project. A representative for the groups filing suit against the Canadian government told Reuters they wanted the permit granted by the Canadian Environmental Assessment Agency overturned so that the C$36 billion ($28 billion) plan for an LNG export facility on Lelu Island in northwest British Columbia can't be resurrected in the future by Petronas or any other operator. Petronas declined to comment on the lawsuit.

  • Reuters9 months ago

    Morning News Call - India, August 4

    To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_08042017.pdf If you would like to receive this newsletter via email, please register ...