Indian Oil Company Ltd., included within the yr 1959, is a Massive Cap firm (having a market cap of Rs 66934.67 Crore) working in Gasoline & Petroleum sector.
Indian Oil Company Ltd. key Merchandise/Income Segments embrace Petroleum Refinery Merchandise, Different Working Income, Different Providers, Sale of companies, Scrap and Subsidy for the yr ending 31-Mar-2021.
Financials
For the quarter ended 30-06-2022, the corporate reported a Consolidated Whole Earnings of Rs 256004.60 Crore, up 45.56 % from final quarter Whole Earnings of Rs 175872.72 Crore and up 63.04 % from final yr identical quarter Whole Earnings of Rs 157018.41 Crore. Firm reported internet revenue after tax of Rs 515.01 Crore in newest quarter.
Funding Rationale
The ADD score on Indian Oil Company (
) with a goal worth of INR 82 is premised on (1) restoration in home demand for petroleum merchandise, (2) enchancment in refining margins for FY23/24, and (3) gradual enchancment in advertising margins over FY23-24 vis-à-vis FY22 ranges.
Promoter/FII Holdings
Promoters held 51.5 per cent stake within the firm as of 30-Jun-2022, whereas FIIs owned 16.59 per cent, DIIs 3.1 per cent.
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