IOC share price has Zoomed 6% and is presently trading at Rs 177.
Meanwhile, the BSE OIL & GAS Index is at 14,305 (Up 2.5%).
Among the top Gainers in the BSE OIL & GAS Index today are IOC (up 5.62%) and HPCL (up 5.39%).
Over the last one year, IOC has moved down from Rs 219 to Rs 177, registering a loss of Rs 43 (down 21.22%)
On the other hand, the BSE OIL & GAS has moved up from 13,913 to 14,305, registering a gain of 392 points (up 2.64%) during the last 12 months.
The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 41.82%), INDRAPRASTHA GAS (up 32.35%) and GAIL (up 8.79%).
What About the Benchmark Indices?
The BSE Sensex is at 35,082 (up 0.37%).
The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 3.86%), GAIL (up 2.47%) and ONGC (up 1.17%). Other gainers include AXIS BANK (up 1.16%) and COAL INDIA (up 1.16%). The most traded stocks in the BSE Sensex are SUN PHARMA and ONGC.
In the meantime, NSE Nifty is at 10,659 (up 0.50%). IOC (up 6.03%) and BPCL (up 5.37%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 30,750 to 35,082, registering a gain of 4,332 points (up 14.00%).
IOC Financial Update…
IOC net profit grew 66.2% YoY to Rs 52 billion for the quarter ended March 2018, compared to a profit of Rs 79 billion a year ago. Net Sales rose 104.5% to Rs 1367.3 billion during the period as against Rs 1308.7 billion in January-March 2017.
For the year ended March 2017, IOC reported 182.8% increase in net profit to Rs 197.5 billion compared to net profit of Rs 108.0 billion during FY16.
Revenue of the company grew 109.4% to Rs 4,537 billion during FY17.
The current Price to earnings ratio of IOC, based on rolling 12 month earnings, stands at 3.9x.
This article was originally published in English at www.equitymaster.com.
Read the complete Indian stock market update. For the terms of use, go here.
Meanwhile, the BSE OIL & GAS Index is at 14,305 (Up 2.5%).
Among the top Gainers in the BSE OIL & GAS Index today are IOC (up 5.62%) and HPCL (up 5.39%).
Over the last one year, IOC has moved down from Rs 219 to Rs 177, registering a loss of Rs 43 (down 21.22%)
On the other hand, the BSE OIL & GAS has moved up from 13,913 to 14,305, registering a gain of 392 points (up 2.64%) during the last 12 months.
The top gainers among the BSE OIL & GAS Index stocks during this same period were RELIANCE IND. (up 41.82%), INDRAPRASTHA GAS (up 32.35%) and GAIL (up 8.79%).
What About the Benchmark Indices?
The BSE Sensex is at 35,082 (up 0.37%).
The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 3.86%), GAIL (up 2.47%) and ONGC (up 1.17%). Other gainers include AXIS BANK (up 1.16%) and COAL INDIA (up 1.16%). The most traded stocks in the BSE Sensex are SUN PHARMA and ONGC.
In the meantime, NSE Nifty is at 10,659 (up 0.50%). IOC (up 6.03%) and BPCL (up 5.37%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 30,750 to 35,082, registering a gain of 4,332 points (up 14.00%).
IOC Financial Update…
IOC net profit grew 66.2% YoY to Rs 52 billion for the quarter ended March 2018, compared to a profit of Rs 79 billion a year ago. Net Sales rose 104.5% to Rs 1367.3 billion during the period as against Rs 1308.7 billion in January-March 2017.
For the year ended March 2017, IOC reported 182.8% increase in net profit to Rs 197.5 billion compared to net profit of Rs 108.0 billion during FY16.
Revenue of the company grew 109.4% to Rs 4,537 billion during FY17.
The current Price to earnings ratio of IOC, based on rolling 12 month earnings, stands at 3.9x.
This article was originally published in English at www.equitymaster.com.
Read the complete Indian stock market update. For the terms of use, go here.
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