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24-May2018

IOC inches up on the bourses

Indian Oil Corporation (IOC) is currently trading at Rs. 156.30, up by 2.65 points or 1.72% from its previous closing of Rs. 153.65 on the BSE.

The scrip opened at Rs. 154.00 and has touched a high and low of Rs. 156.40 and Rs. 151.10 respectively. So far 276203 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 231.30 on 31-Aug-2017 and a 52 week low of Rs. 151.10 on 24-May-2018.

Last one week high and low of the scrip stood at Rs. 167.45 and Rs. 151.10 respectively. The current market cap of the company is Rs. 150775.85 crore.

The promoters holding in the company stood at 56.98%, while Institutions and Non-Institutions held 16.60% and 26.43% respectively.

Indian Oil Corporation (IOC) has reported a rise of 40.25% in its net profit at Rs 5,218.10 crore for the quarter ended March 31, 2018 as compared to Rs 3,720.62 crore for the same quarter in the previous year. Total income of the company increased by 10.11% at Rs 1,36,980.73 crore for quarter under review as compared to Rs 1,24,405.67 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 11.73% in its net profit at Rs 21,348.12 crore as compared to Rs 19,106.40 crore for the previous year. Total income of company increased by 13.39% at Rs 5,09,842.21 crore for year under review as compared to Rs 4,49,642.52 crore for the year ended March 31, 2017.


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