IOC zooms on plan to invest Rs 18,000 crore for capacity expansion of Panipat refinery

Indian Oil Corporation Ltd. | Refineries | Oil & Gas | BSE: 530965 | NSE: IOC

06 Oct 2016 Evaluate

Indian Oil Corporation (IOC) is currently trading at Rs. 656.80, up by 40.85 points or 6.63 % from its previous closing of Rs. 615.95 on the BSE.

The scrip opened at Rs. 618.00 and has touched a high and low of Rs. 658.95 and Rs. 618.00 respectively. So far 295994 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 658.95 on 06-Oct-2016 and a 52 week low of Rs. 345.05 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 658.95 and Rs. 571.25 respectively. The current market cap of the company is Rs. 158788.09 crore.

The promoters holding in the company stood at 58.28%, while Institutions and Non-Institutions held 16.93% and 24.79% respectively.

Indian Oil Corporation (IOC) is planning to invest Rs 18,000 crore to raise capacity of its Panipat refinery in Haryana to 25 million tonnes (mt) by 2020, larger than previously planned. The company had previously planned to raise capacity of Panipat refinery from 15 mt to 20.2 mt, but now it is looking at raising the capacity straightway to 25 mt. The nation’s largest oil firm owns and operates 11 out of India's 23 refineries with a combined refining capacity of 80.7 mt per annum.

The Panipat refinery was commissioned in 1998 with a capacity of 6 mtpa. The refining capacity was doubled to 12 mtpa in 2006 and then raised to 15 mtpa in 2010.

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.

Indian Oil Corp. Share Price

148.15 6.00 (4.22%)

06-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Reliance Industries	1437.85
Indian Oil Corp.	148.15
BPCL	314.15
HPCL	399.40
MRPL	156.85
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