Securities has add call on with a target price of Rs 90. The current market price of Indian Oil Corporation Ltd. is Rs 73.95. Time period given by analyst is one year when . price can reach defined target.
Indian Oil Corporation Ltd., incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 104567.77 Crore) operating in Gas & Petroleum sector.
Indian Oil Corporation Ltd. key Products/Revenue Segments include Petroleum Refinery Products, Other Operating Revenue, Other Services, Sale of services, Scrap and Subsidy for the year ending 31-Mar-2021.
Financials
For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 175872.72 Crore, up 5.64 % from last quarter Total Income of Rs 166482.22 Crore and up 46.00 % from last year same quarter Total Income of Rs 120460.02 Crore. Company reported net profit after tax of Rs 6952.67 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 51.5 per cent stake in the company as of 31-Mar-2022, while FIIs owned 16.77 per cent, DIIs 2.91 per cent.
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