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Indian Oil Corpn Ltd (IOC.NS)

IOC.NS on National Stock Exchange of India

378.05INR
5:24am EST
Change (% chg)

Rs-6.00 (-1.56%)
Prev Close
Rs384.05
Open
Rs386.00
Day's High
Rs386.00
Day's Low
Rs377.50
Volume
5,348,803
Avg. Vol
4,010,851
52-wk High
Rs462.95
52-wk Low
Rs347.10

Latest Key Developments (Source: Significant Developments)

Indian Oil Corp exec says state oil cos jointly looking at buying stake in producing field in UAE
Friday, 27 Oct 2017 07:00am EDT 

Oct 27 (Reuters) - Indian Oil Corpn Ltd :Indian Oil Corp Ltd exec says no immediate plan to sign term deal for import of U.S. crude‍​.Indian Oil Corp Ltd exec says co aims to start trading from Singapore office in 1-2 months.Indian Oil Corp Ltd exec says state oil cos jointly looking at buying stake in producing field in UAE.Indian Oil Corp Ltd exec says co aims to hold 13.5 mln tonnes/yr LNG import facilities in 5 yrs.Indian Oil Corp Ltd exec says co looking at signing long term LNG supply deals‍​‍​.  Full Article

Indian Oil Corp exec says co sees India's annual gasoline demand rising 9-10 pct in 2017/18
Friday, 27 Oct 2017 06:30am EDT 

Oct 27 (Reuters) - Indian Oil Corp Ltd :Indian Oil Corp Ltd exec says average gross refining margin for June-Sept period was $7.98 per barrel versus $4.32 per barrel last year‍​.Indian Oil Corp Ltd exec says July-Sept period inventory gains at 10.56 billion rupees‍​.Indian Oil Corp Ltd exec says co sees India's annual gasoline demand rising 9-10 percent, diesel over 3 percent in 2017/18.Indian Oil Corp Ltd exec says co may export 3-4 cargoes of diesel in 1-2 months‍​.  Full Article

Indian Oil Corp Sept-qtr profit up 18.4 pct
Friday, 27 Oct 2017 04:50am EDT 

Oct 27 (Reuters) - Indian Oil Corp Ltd :Says Sept quarter net profit 36.96 billion rupees.Sept quarter revenue from operations 1.11 trln rupees versus 1 trln rupees last year.Average gross refining margin $6.08 per barrel for April-Sept period.Net profit in Sept quarter last year was 31.22 billion rupees.Consensus forecast for Sept quarter net profit was 63.45 billion rupees.  Full Article

IOC pays 29.35 bln rupees to Odisha govt towards VAT payment of Paradip refinery ‍​
Tuesday, 19 Sep 2017 07:47am EDT 

Sept 19 (Reuters) - Indian Oil Corp Ltd ::Says pays INR 29.35 billion to Odisha government towards VAT payment of Paradip refinery ‍​.  Full Article

Indus Towers signs MoU with Indian Oil Corp
Wednesday, 6 Sep 2017 06:12am EDT 

Sept 6 (Reuters) - Indus Towers ::Signed MoU with Indian Oil Corp for setting up mobile tower network across all 26,000 outlets pan-India..  Full Article

Indian Oil Corp says LIC of India cuts stake in co to 6.748 pct
Tuesday, 29 Aug 2017 09:05am EDT 

Aug 29 (Reuters) - Indian Oil Corp Ltd :Says LIC of India cuts stake in co by 2.026 percent to 6.748 percent.  Full Article

IOC chairman says Malaysia's Petronas looking to buy stake in LNG plant in Ennore‍
Wednesday, 16 Aug 2017 06:30am EDT 

Aug 16 (Reuters) - Indian Oil Corpn Ltd ::IOC chairman says Malaysia's Petronas looking to buy stake in lng plant in Ennore ‍​.  Full Article

Indian Oil Corp approves buying up to 50 pct stake in GSPL LNG
Monday, 7 Aug 2017 02:06am EDT 

Aug 7 (Reuters) - Indian Oil Corp Ltd ::Approved 1st stage expansion of corp's Gujarat refinery to 18 mmtpa of crude oil processing capacity at estimated cost of 150.34 billion rupees.First stage approval for installation of 2nd catalytic de-waxing unit at Haldia refinery at an estimated cost of 11.26 billion rupees.First stage approval for installation of ethanol plant using gas fermentation technology of Lanzatech USA at Panipat refinery for 4.41 billion rupees.Says approved buying up to 50 percent equity in GSPL LNG ‍​.  Full Article

India's IOC says co in talks with partners for alternative site for Pacific Northwest LNG terminal
Thursday, 3 Aug 2017 07:00am EDT 

Aug 3 (Reuters) - Indian Oil Corp Ltd ::Exec says June quarter inventory losses were at 40.42 billion rupees.Exec says in talks with partners for alternative site for Pacific Northwest LNG terminal.Exec says debt as on June 30 at Inr 349.22 billion.Exec says co sees slight delay in sourcing gas from Camron Lng projects to end 2018.Exec says co to float a tender in August for high sulphur U.S. oil.Exec says signed annual deal with Iran to buy 80,000 bpd in 2017-18‍​.Exec says U.S. crude delivery likely by November.Exec says co will try for 2 million barrels U.S. Crude in August via tender.  Full Article

Indian Oil Corp June-qtr profit falls about 45 pct
Thursday, 3 Aug 2017 04:34am EDT 

Aug 3 (Reuters) - Indian Oil Corpn Ltd :June quarter net profit 45.49 billion rupees versus profit of 82.69 billion rupees last year.Indian Oil Corpn Ltd - June quarter total income 1.29 trln rupees versus 1.08 trln rupees last year.Consensus forecast for June quarter profit was 30.63 billion rupees.Says average gross refining margin for April-June $4.32 per barrel.  Full Article

Russian curling chief slams IOC ban as 'unprofessional'

MOSCOW The head of Russia's curling federation on Tuesday slammed the IOC decision to ban Russia from the 2018 Pyeongchang Winter Olympics as unprofessional.