SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IOC resumes work on projects worth Rs 1.04 lakh crore

09 Jul 2020 Evaluate

Indian Oil Corporation (IOC) has resumed work on projects worth Rs 1.04 lakh crore which will help address future energy demand as well as kickstart the economy. The company is targeting a capex of Rs 26,143 crore during financial year 2020-21, and in the first quarter achieved expenditure of Rs 2,674 crore, overcoming various issues faced on-ground due to the coronavirus pandemic.

The company’s future capex plans depend on long term demand potential in the country. The company resumed works at various project sites across the country after the easing of lockdown from April 20 and more projects got added as restrictions were eased month after month.

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 Corpn. Share Price

141.10 -0.60 (-0.42%)
03-Jul-2026 14:43 View Price Chart
Peers
Company Name CMP
Reliance Industries 1304.75
Indian Oil Corpn. 141.10
Bharat PetroleumCorp 307.55
HPCL 399.15
MRPL 149.75
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: