SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IOC trades higher on the BSE

28 Jul 2020 Evaluate

Indian Oil Corporation is currently trading at Rs. 94.65, up by 1.05 points or 1.12% from its previous closing of Rs. 93.60 on the BSE.

The scrip opened at Rs. 93.90 and has touched a high and low of Rs. 95.00 and Rs. 93.85 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 156.00 on 01-Oct-2019 and a 52 week low of Rs. 71.15 on 18-May-2020.

Last one week high and low of the scrip stood at Rs. 95.65 and Rs. 91.30 respectively. The current market cap of the company is Rs. 88116.53 crore.

The promoters holding in the company stood at 51.50%, while Institutions and Non-Institutions held 20.18% and 28.20% respectively.

Indian Oil Corporation (IOC) and Total, a multinational energy major with headquarters in Paris, France, have formed a 50:50 Joint Venture (JV) company that will manufacture and market high-quality bitumen derivatives and specialty products for the growing road-building industry in India. IOC is the largest player in the Indian bitumen market, while Total is the leading bitumen manufacturer and supplier in Europe. The two companies have already established a business relationship in India, notably in LPG and fuel additives.

The new JV will combine the R&D and marketing strengths of both IOC and Total to manufacture and market innovative bitumen formulations and superior quality products such as polymer-modified bitumen, crumb rubber-modified bitumen, bitumen emulsions and other specialty products. The JV will set up manufacturing units across the country with cost-effective logistics solutions, keeping innovation, safety and sustainability at the helm of its operations. The JV will also explore the possibility of catering to other South Asian markets.

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

141.30 -0.40 (-0.28%)
03-Jul-2026 12:29 View Price Chart
Peers
Company Name CMP
Reliance Industries 1303.75
Indian Oil Corpn. 141.30
Bharat PetroleumCorp 309.05
HPCL 399.20
MRPL 149.85
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: