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    LIOC.N0000   LK0345N00005

LANKA IOC PLC

(LIOC.N0000)
  Report
End-of-day quote Colombo Stock Exchange  -  2022-11-29
189.50 LKR   +0.93%
11/08Sri Lankan shares drop most in a month as industrials slide
RE
10/25Sri Lankan shares tumble as industrials and financials drag
RE
10/24Lanka IOC PLC Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
CI
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Sri Lankan shares tumble in worst session in five months

10/04/2022 | 06:34am EST

Oct 4 (Reuters) - Sri Lankan shares registered their worst session since late April on Tuesday, as industrial, financial and energy stocks pulled down the market for the fourth straight day.

* The CSE All-Share index bucked a broader rally in global equities to close down 4.28% at 9,237.05, its lowest since Sept. 1.

* Sri Lanka's central bank is likely to maintain interest rates on Thursday in an effort to get a grip on inflation, which has remained stubbornly high despite a sharp contraction in the crisis-hit economy.

* The benchmark S&P SL20 index fell as much as 5% earlier in the day, triggering a temporary trading halt.

* The Colombo Stock Exchange halted trading for five minutes from 0441 GMT and conducted an auction session for 25 minutes from 0446 GMT before regular trading recommenced.

* The indexes had also slid on Monday after Sri Lanka reduced its petrol prices unexpectedly by 40 rupees over the weekend.

* Conglomerates Expolanka Holdings Plc and the local unit of Indian Oil Corp Lanka IOC weighed the most on the index, tumbling 8.8% and 12.2%, respectively.

* Trading volume on the CSE All-Share index rose to 188.2 million shares on Tuesday, from 125.4 million in the previous session.

* The equity market turnover was 4.54 billion Sri Lankan rupees ($12.7 million), well above the 2.54 billion rupees in the previous session, according to exchange data.

* Foreign investors were net buyers in the equity market, purchasing 62.6 million rupees worth of shares, while domestic investors were net sellers, offloading 4.50 billion rupees worth of stocks, data showed.

* For a report on global markets, click ($1 = 358.5000 Sri Lankan rupees) (Reporting by Anuran Sadhu in Bengaluru; Editing by Savio D'Souza)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
BRENT OIL 0.12% 86.57 Delayed Quote.6.82%
EXPOLANKA HOLDINGS PLC 1.85% 193 End-of-day quote.-48.57%
INDIAN OIL CORPORATION LIMITED 1.79% 76.65 Delayed Quote.1.30%
LANKA IOC PLC 0.93% 189.5 End-of-day quote.158.88%
WTI -0.14% 80.342 Delayed Quote.1.55%
All news about LANKA IOC PLC
11/08Sri Lankan shares drop most in a month as industrials slide
RE
10/25Sri Lankan shares tumble as industrials and financials drag
RE
10/24Lanka IOC PLC Reports Earnings Results for the Second Quarter and Six Months Ended Sept..
CI
10/21Sri Lankan shares fall as consumer staples weigh
RE
10/20Sri Lankan shares fall, dragged by industrials
RE
10/11Sri Lankan shares slide for third day as Expolanka tumbles
RE
10/06Sri Lankan shares drop; cenbank holds rates
RE
10/04Sri Lankan shares tumble in worst session in five months
RE
10/03Sri Lankan shares on 3-day slide as energy, industrials weigh
RE
08/17Lanka Ioc plc Proposes First and Final Dividend for the Financial Year 2021-2022
CI
More news
Financials
Sales 2023 280 B 762 M 762 M
Net income 2023 - - -
Net Debt 2023 - - -
P/E ratio 2023 -
Yield 2023 10,6%
Capitalization 101 B 275 M 275 M
Capi. / Sales 2023 0,36x
Capi. / Sales 2024 0,38x
Nbr of Employees 153
Free-Float 17,5%
Chart LANKA IOC PLC
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Lanka IOC PLC Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 189,50 LKR
Average target price 190,90 LKR
Spread / Average Target 0,74%
EPS Revisions
Managers and Directors
Manoj Gupta Managing Director & Director
Ranjan Kumar Mohapatra Chairman
Jadhav Shashank Senior Vice President-Administration & Engineering
Rajesh Bhagat Senior Vice President-Operations & Bunker
Lakshman Ravendra Watawala Independent Non-Executive Director
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