SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IOC strengthens on hiking diesel prices by 1%

25 Mar 2013 Evaluate

Indian Oil Corporation (IOC) is currently trading at Rs. 291.65, up by 1.30 points or 0.45% from its previous closing of Rs. 290.35 on the BSE.

The scrip opened at Rs. 295.00 and has touched a high and low of Rs. 301.00 and Rs. 290.50 respectively. So far 47725 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 375.00 on 18-Jan-2013 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. 317.05 and Rs. 285.30 respectively. The current market cap of the company is Rs. 71017.61 crore.

The promoters holding in the company stood at 78.92% while Institutions and Non-Institutions held 6.02% and 15.06% respectively.

Indian Oil Corporation (IOC), the country’s biggest refiner, has hiked diesel prices by about 1% from March 23, 2013, in line with the flexibility given by the government. The increase indicates the UPA government’s resolve to reform fuel pricing with a view to pruning a ballooning fuel subsidy bill, estimated at Rs 163,000 crore this fiscal for diesel, cooking gas and kerosene.

The government, back in January 2013, allowed state fuel retailers flexibility to raise diesel price in ‘small doses’ every month till pump prices align with market rates.

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 Corp. Share Price

145.85 1.70 (1.18%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1365.10
Indian Oil Corp. 145.85
BPCL 312.05
HPCL 370.95
MRPL 183.20
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:

×