28 C
Mumbai
Thursday, May 1, 2025
HomeNewsMarketingHold Indian Oil Corporation, target price Rs 199: Anand Rathi

Hold Indian Oil Corporation, target price Rs 199: Anand Rathi

Date:

Related stories

Microsoft passes its first test on U.S. tariffs with limited portfolio exposure

Microsoft CEO Satya Nadella speaks during an event commemorating...

What Telangana does today…: Revanth Reddy praises Centre over caste survey nod

Telangana Chief Minister Revanth Reddy praised the government's decision...

Sports tournaments for startup ecosystem; EVJoints solving pain points in EV adoption

Hello,Ather’s making its way through the IPO season, slow...
spot_imgspot_img

Anand Rathi has hold call on Indian Oil Corporation with a target price of Rs 199. The current market price of Indian Oil Corporation Ltd. is Rs 179.75.

Indian Oil Corporation Ltd., incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 253801.02 Crore) operating in Gas & Petroleum sector.

Indian Oil Corporation Ltd. key Products/Revenue Segments include Petroleum Refinery Products, Other Operating Revenue, Scrap, Sale of services and Subsidy for the year ending 31-Mar-2024. Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 220396.99 Crore, up 10.14 % from last quarter Total Income of Rs 200103.28 Crore and up 10.66 % from last year same quarter Total Income of Rs 199165.39 Crore. Company reported net profit after tax of Rs 3151.46 Crore in latest quarter. Promoter/FII Holdings
Promoters held 51.5 per cent stake in the company as of 30-Jun-2024, while FIIs owned 7.79 per cent, DIIs 10.01 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Source link

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here

best online slot real money