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IOC hikes petrol prices by Rs 1.23, diesel by 89 paise a litre

01 Jun 2017 Evaluate

State-owned Indian Oil Corporation (IOC) has raised Petrol prices by Rs 1.23 per litre and Diesel prices by 89 paise with effect from June 1, 2017. With this, Petrol price in Delhi will cost Rs 66.91 per litre from June 1 as against Rs 65.32 a litre currently. Similarly, a litre of diesel will be priced at Rs 55.79, as compared to Rs 54.90 at present.

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.

 

Peers
Company Name CMP
Reliance Industries 1178.70
Indian Oil Corpn. 130.20
Bharat PetroleumCorp 295.65
HPCL 341.80
MRPL 164.00
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