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Indian Oil Corporation (IOC) is currently trading at Rs 257.50, down by 2.10 points or 0.81% from its previous closing of Rs 259.60 on the BSE.
The scrip opened at Rs 259.60 and has touched a high and low of Rs 259.60 and Rs 257.00 respectively. So far 15397 shares were traded on the counter.
The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 291.75 on 30-Jan-2012 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 265.50 and Rs 258.55 respectively. The current market cap of the company is Rs 62519.78 crore.
The promoters holding in the company stood at 78.92% while Institutions and Non-Institutions held 5.94% and 15.14% respectively.
State-run Indian Oil Corporation (IOCL) has accumulated dues of more than Rs 98,000 crore. Sale of subsidized diesel and cooking fuels mainly has put the company under pressure, thereby forcing it to borrow for its working capital requirement.
Further, the company is expected to lose Rs 21,000-22,000 crore in revenue during the quarter ending December 31, besides incurring an additional cost of s 3,000 crore financing cost during the current financial year. The company’s borrowing stood at Rs 75,000 crore at the end of 2011-12. With the interest cost rising it to Rs 5,600 crore Rs 2,670 crore in 2011-12.
Indian Oil incurred losses of Rs 12,840 crore in the first six months, the highest ever by any company. The company incurred under-recoveries of Rs 45,914 crore, of which Rs 16,100-crore subsidy has been sanctioned, while a discount of Rs 16,200 crore was given by upstream oil and gas producing companies, thereby leaving the company with an unmet under-recovery of Rs 13,600 crore.
| Company Name | CMP |
|---|---|
| Reliance Industries | 2938.00 |
| Indian Oil Corp. | 168.95 |
| BPCL | 617.95 |
| HPCL | 527.15 |
| MRPL | 216.80 |
| View more.. | |
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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