IOC.NS - Indian Oil Corporation Limited

NSE - NSE Real Time Price. Currency in INR
163.45
+7.55 (+4.84%)
At close: 3:29PM IST
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Previous Close155.90
Open156.60
Bid163.45 x 0
Ask0.00 x 0
Day's Range156.60 - 164.50
52 Week Range151.10 - 231.48
Volume16,641,836
Avg. Volume11,782,580
Market Cap1.55T
Beta0.73
PE Ratio (TTM)7.81
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield10.00 (5.76%)
Ex-Dividend DateN/A
1y Target EstN/A
  • Reuters5 days ago

    Indian Oil to turn to traditional suppliers to meet Iran oil shortfall

    Indian Oil Corp (IOC), the country's top refiner, will turn to its traditional oil suppliers, mostly in the Middle East, if U.S. sanctions against Iran result in supply disruptions, its head of finance said. U.S. President Donald Trump earlier this month pulled out of a 2015 international nuclear pact with Iran, and said he would impose sanctions on Tehran - and companies that continue to work with it - unless it curbed its influence in the Middle East. Other signatories of the pact - France, Germany, Britain, Russia and China - said they would try to salvage the deal and keep Iran's oil trade and investment flowing.

  • Reuters10 days ago

    GLOBAL LNG-Spot prices spike amid flurry of interest from Asian buyers

    Asian spot liquefied natural gas (LNG) prices spiked this week amid a flurry of buying interest from buyers in China, Pakistan, South Korea and India, and as new supply from Australia is delayed by several months. Spot prices for July (LNG-AS) delivery in Asia were at $8.70 per million British thermal units (mmBtu) this week, jumping 80 cents from the previous week, according to several LNG traders.

  • Reuters11 days ago

    U.S. oil shipments to Asia may hit new high in July, cool Mideast crude prices

    The volume of U.S. crude oil arriving in Asia is expected to hit a new high in July as Asian refiners sought arbitrage supplies to replace Middle Eastern crude after prices for Gulf grades rose, traders said on Wednesday. U.S. crude arriving in Asia hit an all-time high of close to 25 million barrels in May with cargoes discharging in China, South Korea, Singapore, India and Malaysia, according to trade flows data on Eikon.

  • Should You Buy Indian Oil Corporation Limited (NSE:IOC)?
    Simply Wall St.13 days ago

    Should You Buy Indian Oil Corporation Limited (NSE:IOC)?

    Indian Oil Corporation Limited (NSEI:IOC) saw significant share price volatility over the past couple of months on the NSEI, rising to the highs of ₹377.45 and falling to the lowsRead More...

  • Reuters16 days ago

    ADNOC set to supply first oil cargo for Indian emergency reserve

    Abu Dhabi National Oil Co (ADNOC) will supply the first oil cargo for India's strategic petroleum reserve (SPR) over the weekend, an Indian government statement said, becoming the first foreign company to lease storage in the country. India, hedging against energy security risks as it imports most of its oil needs, is building emergency storage in underground caverns to hold 36.87 million barrels of crude. ADNOC chief executive Sultan Al-Jaber and Indian oil minister Dharmendra Pradhan, who is visiting the UAE from May 12 to May 14, will wave off the first shipment of oil for the SPR at Mangalore in southern India, the statement added.

  • Reuters16 days ago

    India IOC buys 3 mln bbls June-loading U.S. crude as arbitrage opens

    NEW DELHI/SINGAPORE, May 10 (Reuters) - Indian state-refiner Indian Oil Corp (IOC) has bought 3 million barrels of U.S. crude for loading in June as the arbitrage for American oil to Asia has opened, a senior source privy to the deal said. IOC, the country's top refiner, has bought 2 million barrels of Louisiana Light Sweet crude and a million barrels of WTI Midland through tender for arrival in July, said the source. The source said U.S. crude competed with other middle eastern and African grades in an open tender.

  • Reuters19 days ago

    Global crude oil price rise not supported by fundamentals, says Indian Oil head

    NEW DELHI (Reuters) - State-owned crude oil refiner Indian Oil Corp said the company has held back from increasing fuel prices in India. Fuel price movements are deregulated in India and move in line with ...

  • Reuterslast month

    India aims to split GAIL within a year to open up gas sector

    MUMBAI/NEW DELHI, April 27 (Reuters) - India plans to split state-run gas utility GAIL by March next year to create two companies: one marketing gas, and another operating pipelines that can be used by consumers who buy direct from producers, the head of the sector's regulator told Reuters. GAIL (India) Ltd is the country's biggest gas marketing and trading firm and owns most of the nation's pipelines, giving it a stranglehold on the market for the fuel.

  • Reuters2 months 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.4 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...

  • Reuters4 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.4 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...

  • Reuters4 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.4 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...

  • Reuters4 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 ...

  • Reuters4 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.5 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...

  • Reuters5 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 ...

  • Reuters5 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.

  • Reuters6 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
    Reuters6 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.

  • Reuters6 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.

  • Reuters7 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.

  • Reuters7 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
    Reuters7 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.