IOC gains on receiving MOEF’s clearance for setting up 5 mt LNG terminal in Tamil Nadu

Indian Oil Corporation Ltd. | Refineries | Oil & Gas | BSE: 530965 | NSE: IOC

24 Dec 2013 Evaluate

Indian Oil Corporation (IOC) is currently trading at Rs. 211.00, up by 3.85 points or 1.86 % from its previous closing of Rs. 207.15 on the BSE.

The scrip opened at Rs. 209.95 and has touched a high and low of Rs. 212.00 and Rs. 207.50 respectively. So far 54017 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. 186.20 on 31-Jul-2013.

Last one week high and low of the scrip stood at Rs. 209.25 and Rs. 196.00 respectively. The current market cap of the company is Rs. 51205.52 crore.

The promoters holding in the company stood at 78.92% while Institutions and Non-Institutions held 6.56 % and 14.52% respectively.

State-owned Indian Oil Corporation (IOC) has received clearance from Ministry of Environment and Forests for setting up of 5 million tonne LNG terminal at Ennore in Tamil Nadu. A committee under the Ministry of Environment and Forests (MoEF) has given Coastal Regulation Zone (CRZ) clearance to IOC. The company is planning to supply regasified liquefied natural gas (RLNG) from the terminal to customers through 10 extensive pipeline network to the existing and new power plants, fertiliser plants, existing and new industries, CNG/LCNG. The company is also planning to supply by road through cryogenic LNG road tankers to customers who are far away and not connected with gas pipeline networks.

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

141.05 -3.65 (-2.52%)

11-May-2026 10:49 View Price Chart

Peers

Company Name	CMP
Reliance Industries	1415.90
Indian Oil Corp.	141.05
BPCL	295.75
HPCL	376.75
MRPL	161.10
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