Indian Oil Corporation is currently trading at Rs. 422.30, up by 2.10 points or 0.50% from its previous closing of Rs. 420.20 on the BSE.
The scrip opened at Rs. 421.20 and has touched a high and low of Rs. 424.55 and Rs. 421.20 respectively. So far 9,296 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 438.05 on 08-Jul-2015 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. 438.05 and Rs. 412.85 respectively. The current market cap of the company is Rs. 1,02,532.00 crore.
The promoters holding in the company stood at 68.57% while Institutions and Non-Institutions held 7.17% and 24.26% respectively.
State-owned Indian Oil Corporation (IOC) has commissioned an oil jetty at its Paradip refinery in Odisha as it sequentially commissions units of the Rs 34,555 crore refinery. The South Oil Jetty, which will be used to import and export of oil at high sea, was dedicated to the nation by Shipping and Road Transport Minister Nitin Gadkari at Paradip.
Built at cost of Rs 34,555 crore, the refinery is designed to process broad basket of crude including cheaper high sulphur heavy crudes and has an overall Nelson complexity factor of 12.2. The refinery is capable to produce Euro-IV / Euro-V quality transportation fuel.
IOC is India’s flagship national oil company and handles refining, pipeline transportation and marketing of petroleum products, as well as production of downstream petrochemical products.
