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Last 397.90 INR
Change Today -5.35 / -1.33%
Volume 925.3K
IOCL On Other Exchanges
Natl India
As of 7:06 AM 10/7/15 All times are local (Market data is delayed by at least 15 minutes).

indian oil corp ltd (IOCL) Snapshot

Previous Close
Day High
Day Low
52 Week High
07/24/15 - 465.90
52 Week Low
02/13/15 - 306.75
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Current Stock Chart for INDIAN OIL CORP LTD (IOCL)

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indian oil corp ltd (IOCL) Details

Indian Oil Corporation Limited, together with its subsidiaries, engages in refining, transporting, and marketing petroleum products in India. It is also involved in the exploration and production of crude oil and gas; and marketing of natural gas and petrochemicals. The company’s products include LPG, natural gas, petrol/gasoline, diesel/gas oil, aviation turbine fuel/jet fuel, lubricants and greases, marine fuels and lubricants, kerosene, bulk/industrial fuels, bitumen, petrochemicals, and crude oil. In addition, it offers special products, such as benzene, carbon black feed stock, food grade hexane, jute batching oil, micro crystalline wax, mineral turpentine oil, paraffin wax, propylene, raw petroleum coke, sulphur, and toluene. The company operates approximately 10 refineries; a network of 11,221 kilometers crude oil, products, and gas pipelines; 24,400 petrol and diesel stations, including 6,200 Kisan Seva Kendra outlets in the rural markets; 136 bulk storage terminals and depots, 98 aviation fuel stations, and 91 LPG gas bottling plants; and approximately 6,400 bulk consumer pumps in 3,264 markets, as well as has a network of 7,934 LPG distributors. Indian Oil Corporation Limited’s exploration and production portfolio comprises 10 oil and gas blocks in India; and 7 blocks in Libya, Gabon, Nigeria, Yemen, Venezuela, Canada, and the United States. Further, it engages in the explosives and cryogenic businesses; wind mill and solar power generation activities; lube blending and marketing of petroleum products; and plantation of Jatropha, and extraction of oil for bio-diesels. The company also exports its products. It serves consumer, industrial, and marine, as well as domestic and international flag carriers, private airlines, and the Indian defense services sectors. The company was founded in 1959 and is based in New Delhi, India.

32,962 Employees
Last Reported Date: 07/30/15
Founded in 1959

indian oil corp ltd (IOCL) Top Compensated Officers

Director of Finance, Director, Member of Remu...
Total Annual Compensation: 1.6M
Executive Director of Law and Company Secreta...
Total Annual Compensation: 3.4M
Director of Human Resource, Director, Member ...
Total Annual Compensation: 1.1M
Director of Planning & Business Development, ...
Total Annual Compensation: 2.3M
Director of Refineries, Director, Member of H...
Total Annual Compensation: 2.8M
Compensation as of Fiscal Year 2015.

indian oil corp ltd (IOCL) Key Developments

Indian Oil Corp Signs Agreement for Diesel Supply to Punjab Roadways at Discounted Price

Indian Oil Corp. has entered into an agreement with Punjab Roadways and Punbus for supplying them diesel at a concession of INR 1.05 a litre for a period of five years. The deal stating that these two units have successfully finalized this contract for getting the discount on the present prices of the fuel. IOC's this discount amount is among the higher it has ever offered to state transport undertakings in the northern Indian state. It will help the state to save over INR 190 million. In addition, the oil company has been agreed to offer additional infrastructure, including on-line diesel monitoring dispensing units and digital tyre inflators for reducing pilferage, by which Punjab Roadways and Punbus will be benefited.

Indian Oil Corporation Ltd Announces Cessation of Devang Khakhar as Independent Director

Indian Oil Corporation Ltd. has informed that Devang Khakhar has ceased to be an Independent Director on the Board of the company with effect from September 15, 2015 consequent upon the completion of his term.

Indian Oil Corp. Ltd to Invest INR 1.75 Trillion over Next Five to Seven Years

Indian Oil Corp. Ltd. will invest INR 1.75 trillion over the next 5 to 7 years after the scheduled opening of its Paradip refinery in October 2015. Out of this, INR 500 billion will go into its core business of refining, which will involve capacity expansion across its four refineries at Koyali in Gujarat, Mathura in Uttar Pradesh, Panipat in Haryana and Barauni in Bihar. This will add capacity almost equal to its yet-to-be-operational 15 million tonnes per annum (mtpa) Paradip refinery in Odisha. The state-owned firm will invest another INR 500 billion to expand its pipeline network to 17,000km from 11,000km and into its marketing operations of selling fuel and distributing liquefied petroleum gas. The company will also invest close to INR 750 billion into newer businesses of petrochemicals, exploration and production, and natural gas infrastructure. By the time this phase of investment is over, IOC will look at expanding its Paradip refinery to 20 mtpa from 15 mtpa and look at setting up of a new refinery on the west coast of India.


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