Indian Oil Corporation News
OMCs poised for strong H2FY25 earnings; IOC, HPCL, BPCL shares remain attractive: Analyst
Emkay Global maintains a “Buy” rating on all three OMCs, with BPCL share price target of ₹405, HPCL target price of ₹475, and IOCL stock price target at ₹185.
2 min read12 Dec 2024Indian Oil Corporation Q2 Results: Net profit plummets 99% YoY to ₹180 crore
Indian Oil Corporation Q2 Results: Indian Oil Corporation’s standalone net profit plummeted 98.6% YoY to ₹180.01 crore in Q2, down from ₹12,967.32 crore. Revenue decreased 3.5% YoY, totalling ₹1,95,148.94 crore compared to ₹2,02,312.04 crore last year.
1 min read28 Oct 2024Crude oil prices sink to 9-month low: HPCL, BPCL, other OMCs poised for earnings boost
The earnings of Oil Marketing Companies (OMCs) are usually a function of refining margins and a top up with marketing margins. OMCs with lower degree of refined integration will have higher leverage to earnings from lower crude and refining margins.
3 min read4 Sep 2024Top Stock Recommendations: Sagar Doshi of Nuvama recommends buying IOC, Shree Renuka Sugars, and Canara Bank today
Top Stock Recommendations: Sagar Doshi of Nuvama Professional Clients Group recommends buying these three stocks today - Indian Oil Corporation Ltd (IOC), Shree Renuka Sugars Ltd, and Canara Bank.
3 min read21 Aug 2024Stocks in focus: Ruchit Jain of 5paisa recommends buying IOC, and DLF today
Stocks in focus: Ruchit Jain of 5paisa has recommended two stocks today - Indian Oil Corporation (IOC), and DLF.
2 min read30 Jul 2024Stocks in focus: Rajesh Palviya of Axis Securities recommends India Glycols, IOC, and Vinati Organics today
Stocks in focus: Rajesh Palviya has recommended to buy, hold, and accumulate India Glycols Ltd, Indian Oil Corporation Ltd (IOC), and Vinati Organics Ltd.
2 min read26 Jul 2024Buy or sell: Vaishali Parekh recommends three stocks to buy today — July 26
Buy or sell stocks: Vaishali Parekh has recommended three stocks to buy today — IOC, Varun Beverages, and Biocon
2 min read26 Jul 2024Indian Oil result: Should you buy, sell or hold stock as IOC Q4 result misses estimates
Indian Oil result: IOC share price ended over 4% lower on Tuesday after its Q4 results missed Street estimates. IOC shares have gained over 30% in 2024 so far and the stock has risen more than 107% in one year.
2 min read1 May 2024IOC Q4 Results: Net profit drops 40% QoQ to ₹4,838 crore; declares dividend of ₹7
IOC Q4 Results: IOC’s Q4FY24 revenue from operations fell to ₹2.19 lakh crore from ₹2.23 lakh crore, QoQ. Average Gross Refining Margin (GRM) for the year April-March 2024 is $12.05 per barrel.
2 min read30 Apr 2024Top Stock Recommendations: Sagar Doshi of Nuvama recommends buying HDFC Bank, UPL, and Indian Oil Corporation today
Top Stock Recommendations: Sagar Doshi of Nuvama Professional Clients Group recommends buying these three stocks today - HDFC Bank Ltd, UPL Ltd, and Indian Oil Corporation Ltd (IOC).
4 min read3 Apr 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared