Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. NSE India Stock Exchange
  5. Indian Oil Corporation Limited
  6. News
  7. Summary
    IOC   INE242A01010

INDIAN OIL CORPORATION LIMITED

(IOC)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Nifty, Sensex track dip in world markets; Reliance gains ahead of earnings

10/30/2020 | 05:44am EDT
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai

BENGALURU (Reuters) - Indian shares ended lower on Friday on weak cues from global markets spooked by rising COVID-19 cases and fresh lockdowns in Europe, even as gains in Reliance Industries ahead of its earnings kept losses in check.

The NSE Nifty 50 index ended 0.24% lower at 11,642.4, while the S&P BSE Sensex closed 0.34% lower at 39,614.07, dragged by bank and financial stocks. They rose as much as 0.6% earlier in the session.

Both indexes posted their best monthly performance since July, but finished the week more than 2% lower on worries over the pace of global economic recovery as major European nations prepare for fresh lockdowns to combat surging coronavirus cases.

"If cases go up with the winter season coming, that will have ramifications in public demand," said Rusmik Oza, senior vice-president at Kotak Securities in Mumbai.

"The situation is quite grave."

The Nifty auto index fell 1.13%, led by declines in Hero Motocorp and Eicher Motors, which fell 3.3% and 2.4%, respectively.

The Nifty banking index shed 0.8%.

However, Reliance Industries gained as much as 1.9% ahead of its September-quarter earnings due later in the day, and kept losses in check.

Indian Oil Corp closed up 1.5% after the company reported a jump in quarterly profit, and Bharat Petroleum Corp gained 3.7% on upbeat earnings reported on Thursday.

The refiners boosted the Nifty energy index 1.74%.

Real estate developer Godrej Properties gained as much as 4.3%, helping the Nifty realty index rise 2.2%. Brokerage Jefferies in a note from Thursday said it maintained an optimistic outlook for the sector.

World stocks were down 0.3% at 0717 GMT, the European blue-chip index was down 0.6% and MSCI's broadest index of Asia-Pacific shares outside of Japan was last down 1.2%.

(Reporting by Derek Francis in Bengaluru; Editing by Ramakrishnan M.)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BHARAT PETROLEUM CORPORATION LIMITED 0.33% 485.7 Delayed Quote.26.92%
EICHER MOTORS LIMITED -0.08% 2743.9 End-of-day quote.8.45%
GODREJ PROPERTIES LIMITED 1.50% 1429.65 Delayed Quote.-1.53%
INDIAN OIL CORPORATION LIMITED 0.96% 115.85 Delayed Quote.26.17%
LONDON BRENT OIL 0.29% 73.2 Delayed Quote.40.00%
NIFTY 50 0.48% 15887.85 Delayed Quote.13.00%
RELIANCE INDUSTRIES LTD 0.72% 2260.8 Delayed Quote.13.08%
SENSEX 30 0.15% 52551.53 Real-time Quote.10.05%
WTI 0.24% 71.19 Delayed Quote.45.60%
All news about INDIAN OIL CORPORATION LIMITED
06/10DIVERGENT GROWTH : COVID-19-hit Asia ships more gasoline to U.S.
RE
06/07INDIAN OIL  : IndianOil and Gujarat Government sign MOU for “Investment Pr..
PU
06/05INDIAN OIL  : PM addresses the World Environment Day event
PU
06/02INDIAN OIL  : Shri Dharmendra Pradhan presides over a slew of initiatives around..
AQ
06/01INDIAN OIL  : Shri Dharmendra Pradhan presides over a slew of initiatives around..
PU
06/01India's fuel demand plunges in May on COVID-19 lockdowns - data
RE
05/25INDIAN OIL  : Eastern India braces for Cyclone Yaas - Oil & Gas industry gears u..
PU
05/25INDIAN OIL  : Liquid Medical Oxygen from Singapore sourced by IndianOil unloaded..
PU
05/21Indian refiners process less crude in April as pandemic stalls activity
RE
05/20INDIAN OIL  : IndianOil begins first-ever factory-fill supply of XP – 100 ..
PU
More news
Financials
Sales 2021 3 640 B 49 680 M 49 680 M
Net income 2021 138 B 1 886 M 1 886 M
Net Debt 2021 977 B 13 332 M 13 332 M
P/E ratio 2021 7,61x
Yield 2021 6,58%
Capitalization 1 054 B 14 397 M 14 381 M
EV / Sales 2021 0,56x
EV / Sales 2022 0,43x
Nbr of Employees 32 998
Free-Float 26,7%
Chart INDIAN OIL CORPORATION LIMITED
Duration : Period :
Indian Oil Corporation Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INDIAN OIL CORPORATION LIMITED
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 28
Average target price 129,82 INR
Last Close Price 114,75 INR
Spread / Highest target 48,1%
Spread / Average Target 13,1%
Spread / Lowest Target -12,9%
EPS Revisions
Managers and Directors
NameTitle
Sandeep Kumar Gupta Chief Financial Officer & Finance Director
Shrikant Madhav Vaidya Chairman
S. S. V. Ramakumar Director & Director-Research & Development
Rajendra Arlekar Independent Director
Lata Usendi Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
INDIAN OIL CORPORATION LIMITED26.17%14 397
EXXON MOBIL CORPORATION50.58%263 199
CHEVRON CORPORATION27.85%208 057
RELIANCE INDUSTRIES LTD11.48%191 884
BP PLC29.67%92 199
CHINA PETROLEUM & CHEMICAL CORPORATION21.90%83 500