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IOC trades with traction on the bourses

08 Oct 2012 Evaluate

Indian Oil Corporation (IOC) is currently trading at Rs. 263.35, up by 4.60 points or 1.78% from its previous closing of Rs. 258.75 on the BSE.

The scrip opened at Rs. 260.00 and has touched a high and low of Rs. 265.95 and Rs. 260.00 respectively. So far 17606 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 319.95 on 07-Oct-2011 and a 52 week low of Rs. 239.00 on 19-Jun-2012.

Last one week high and low of the scrip stood at Rs. 266.15 and Rs. 250.60 respectively. The current market cap of the company is Rs. 64012.97 crore.

The promoters holding in the company stood at 78.92% while Institutions and Non-Institutions held 5.89% and 15.19% respectively.

In a bid to meet LPG needs of customers in six districts of Kerala and to ensure uninterrupted bottling at its Kochi plant, Indian Oil Corporation (IOC) has made provisional arrangements to move bulk LPG from its Chennai import facility.

The company took the said decision as HPC’s LPG import facility at Mangalore is yet to begin bulk LPG supplies to the company’s Kochi plant despite the end of transporters strike.

The company will also meet LPG requirements of customers in Ernakulam, Kottayam, Idukki, Thrissur and parts of Allapuzha and Palakkad districts, which are serviced from Kochi bottling plant.

Peers
Company Name CMP
Reliance Industries 1166.00
Indian Oil Corpn. 132.00
Bharat PetroleumCorp 301.00
HPCL 346.00
MRPL 164.70
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