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Indian Oil Corpn Ltd (IOC.NS)

IOC.NS on National Stock Exchange of India

421.90INR
6:29am EDT
Change (% chg)

Rs-2.85 (-0.67%)
Prev Close
Rs424.75
Open
Rs426.75
Day's High
Rs426.75
Day's Low
Rs416.70
Volume
3,286,139
Avg. Vol
4,718,374
52-wk High
Rs439.00
52-wk Low
Rs196.27

Latest Key Developments (Source: Significant Developments)

Hindustan Oil Exploration commissions pipeline, gas gathering station at Dirok Gas Field
Thursday, 30 Mar 2017 11:09pm EDT 

Hindustan Oil Exploration Company Ltd : Announces successful completion of four wells, commissioning of pipeline, gas gathering station . Dirok Gas Field in Assam is being developed by JV consisting of Oil India, Indian Oil, and co as operator . Oil India will buy gas at a price determined by Government of India . Oil India is in process of obtaining petroleum mining lease from Assam government . Confident to step up gas production to block potential via additional gas wells during FY 2018 . Aim of commencing production of 10 million cubic feet per day in Q1 fy18 will be achieved on receipt of PML .As soon as PML is obtained by Oil India, expected by may 2017, actualisation of commercial sales would be achieved.  Full Article

Indian Oil Corp declares interim dividend of 4.50 rupees per share
Thursday, 23 Mar 2017 04:16am EDT 

Indian Oil Corpn Ltd :Says declared 2nd interim dividend of INR 4.50 per share.  Full Article

Indian Oil Corp to consider declaration of interim dividend
Wednesday, 22 Mar 2017 08:00am EDT 

Indian Oil Corpn Ltd :Says would consider declaration of 2nd interim dividend for financial year 2016-17 on 23rd march 2017.  Full Article

Indian Oil Corp Dec-qtr profit up about 29 pct
Tuesday, 31 Jan 2017 03:18am EST 

Indian Oil Corpn Ltd : Dec quarter PAT 39.90 billion rupees . Consensus forecast for Dec-quarter net profit was 55.39 billion rupees . Dec quarter total income from operations 1.16 trln rupees . Net profit in Dec quarter last year was 30.96 billion rupees as per Ind-AS; total income from operations was 970.69 billion rupees . Says declared interim dividend of INR 13.50 per share . Average gross refining margin $7.36 per barrel in April-Dec 2016 .The profit alert was first sourced from TV and was later confirmed as 39.95 bln rupees from a company press release on the NSE.  Full Article

Kalpataru Power Transmission gets new orders exceeding 8.25 bln rupees
Friday, 20 Jan 2017 06:03am EST 

Kalpataru Power Transmission Ltd : Kalpataru Power Transmission Ltd says KPTL received new orders exceeding rs 825 crores . Kalpataru Power Transmission Ltd says continue to receive repeat orders from Africa region . Kalpataru Power Transmission Ltd says orders include railway project by core of about INR 1.11 billion . Kalpataru Power Transmission Ltd says orders include two pipeline projects from Indian Oil Corp and GAIL for about 2.77 billion rupees .Kalpataru Power Transmission Ltd says orders include various transmission line and substation projects in Africa and CIS region for about 4.4 billion rupees.  Full Article

Indian Oil Corp posts Sept qtr profit
Thursday, 27 Oct 2016 05:14am EDT 

Indian Oil Corpn Ltd : Indian Oil Corpn Ltd - Sept quarter net profit 31.22 billion rupees . Indian Oil Corpn Ltd - April-Sept 2016 average gross refining margin $7.19 per barrel .Indian Oil Corpn Ltd - Sept quarter total income from operations 1 trln rupees.  Full Article

Indian Oil Corp says JV with Oil India, Bharat PetroResources completes 2 acquisitions
Wednesday, 5 Oct 2016 08:21am EDT 

Indian Oil Corpn Ltd :JV completes buying 23.9 pct shares of charter capital of JSC vankorneft, 29.9 pct of participatory share in charter capital of LLC TYNGD.  Full Article

Engineers India to provide consulting services for BS-VI project at IOCL refineries
Tuesday, 6 Sep 2016 08:19am EDT 

Engineers India Ltd : To provide consulting services for implementation of BS-VI project at six refineries of IOCL .  Full Article

India's IOC exec says co aims to halt naphtha exports from Paradip refinery in Jan
Monday, 29 Aug 2016 09:00am EDT 

Indian Oil Corpn Ltd : IOC exec says CCR unit at Paradip refinery to begin operation in 2 weeks, cut naphtha exports . IOC exec says owe $ 111 million to Iran for old oil purchases . IOC exec says LNG production from Canada project delayed to 2021 versus initially planned 2019 . IOC exec says appointed a consultant to suggest ways to monetise gas fron Farzad B field in Iran . IOC exec says hope to sign deal with Iran on Farzad B block by end October . IOC exec says co aims to halt naphtha exports from Paradip refinery in January; to raise gasoline output . Further company coverage [IOC.NS] ((Bangalore.newsroom@thomsonreuters.com)).  Full Article

Indian Oil Corp June-qtr profit up about 25 pct
Monday, 29 Aug 2016 04:32am EDT 

Indian Oil Corp Ltd : June-quarter net profit 82.69 billion rupees . June-quarter total income from operations 1.07 trln rupees . Consensus forecast for June-quarter net profit was 41.27 billion rupees . Net profit for June quarter last year was 65.91 billion rupees as per Ind-AS; total income from operations was 1.14 trln rupees . June-quarter average gross refining margin $9.98 per barrel . Recommended issue of bonus shares in 1:1 ratio .  Full Article

More From Around the Web

Indian state-run companies mull daily fuel price change -report

MUMBAI, April 7 India's state-run oil marketing companies, which control over 90 percent of the retail fuel market in the country, are mulling a plan that would allow daily changes in the price of automotive fuels, Economic Times reported on Friday.