Indian Oil Corporation is currently trading at Rs. 358.95, up by 5.90 points or 1.67% from its previous closing of Rs. 353.05 on the BSE.
The scrip opened at Rs. 353.00 and has touched a high and low of Rs. 361.15 and Rs. 353.00 respectively. So far 22746 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 410.90 on 12-Sep-2014 and a 52 week low of Rs. 307.00 on 13-Feb-2015.
Last one week high and low of the scrip stood at Rs. 361.15 and Rs. 338.65 respectively. The current market cap of the company is Rs. 87163.49 crore.
The promoters holding in the company stood at 68.57% while Institutions and Non-Institutions held 7.20% and 24.22% respectively.
State-owned Indian Oil Corporation (IOC) has cut the retail prices of diesel by 2.6% and increased those of petrol by about 1% from midnight of June 16, 2015, reflecting changes in global prices of the two fuels since the last revision. The company has raised petrol price by 64 paise per litre and cut diesel price by Rs. 1.35 a litre.
The Prices of Petrol and Diesel were last revised with the effect from May 16, 2015. Since last price change, there has been an increase in international prices of Petrol while international prices of Diesel have shown a downward trend. INR-USD exchange rate has depreciated during this period. Combined impact of these factors warrant an upward revision in prices of Petrol and a downward revision in prices of Diesel, the impact of which is being passed on to the consumers with this price change.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1362.60 |
| Indian Oil Corp. | 147.00 |
| BPCL | 316.00 |
| HPCL | 379.20 |
| MRPL | 180.00 |
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