Indian Oil Corporation Ltd fell for a fifth straight session today. The stock is quoting at Rs 164.2, down 2.52% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 25392.05. The Sensex is at 83172.83, up 0.27%.Indian Oil Corporation Ltd has eased around 4.66% in last one month.Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has eased around 2.88% in last one month and is currently quoting at 42350.7, down 0.18% on the day. The volume in the stock stood at 140.44 lakh shares today, compared to the daily average of 179.35 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 164.86, down 2.25% on the day. Indian Oil Corporation Ltd jumped 78.77% in last one year as compared to a 27.59% rally in NIFTY and a 54.06% spurt in the Nifty Energy index.The PE of the stock is 8.34 based on TTM earnings ending June 24.Powered by Capital Market - Live

This MOU will benefit Vizag Steel Plant (VSP) to ensure uninterrupted and continuous supply of lubricants from IOCL to meet the RINL's requirements. IOCL will provide technical support to RINL, Visakhapatnam steel plant in the field of lubrication, condition monitoring of critical and large hydraulic and lube systems, total bulk oil handling and used oil management. IOCL will also provide training for Visakhapatnam steel plant officials in their IOCL R&D centre at Faridabad which would also help RINL to reduce lubricants consumption and to maintain optimum levels of specific lub consumption. Indian Oil Corporation (IOCL) is an Indian government owned oil and gas explorer and producer. As of 30 June 2024, the Government of India held 51.50% stake in the company. On a standalone basis, the company reported 80.78% drop in net profit to Rs 2,643.18 in Q1 FY25 as against Rs 13,750.44 crore posted in Q1 FY24. Revenue from operations (excluding excise duty) declined 2.17% to Rs 1,93,235.52 ‬crore in Q1 FY25 from Rs 1,97,526.57 crore recorded in the corresponding quarter previous year. The scrip rose 0.75% to currently trade at Rs 174.60 on the BSE. Powered by Capital Market - Live

Indian Oil Corporation Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 174.59, up 0.4% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 24824.75. The Sensex is at 81098.08, up 0.24%. Indian Oil Corporation Ltd has risen around 5.29% in last one month. Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has risen around 3.98% in last one month and is currently quoting at 43591.45, down 0.48% on the day. The volume in the stock stood at 73.62 lakh shares today, compared to the daily average of 258.01 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 174.36, down 0.01% on the day. Indian Oil Corporation Ltd is up 91.23% in last one year as compared to a 27.67% spurt in NIFTY and a 64.51% spurt in the Nifty Energy index.The PE of the stock is 8.61 based on TTM earnings ending June 24.Powered by Capital Market - Live