IOC share price has plunged 6% and is presently trading at Rs 77.
Meanwhile, the BSE OIL & GAS Index is at 11,526 (down 2.6%).
Among the top losers in the BSE OIL & GAS Index today are IOC (down 6.4%) and BPCL (down 9.1%).
ONGC (up 1.3%) and GAIL (up 1.3%) are among the top gainers today.
Over the last one year, IOC has moved down from Rs 157 to Rs 77, registering a loss of Rs 80 (down 50.8%)..
The BSE OIL & GAS has moved down from 15,300 to 11,526, loss of 3,774 points (down 24.7%) during the last 12 months.
The top gainers among the BSE OIL & GAS Index stocks during this same period were INDRAPRASTHA GAS (up 51.0%) and RELIANCE IND. (up 6.0%).
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The BSE Sensex is at 31,578 (down 0.7%). The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 1.4%). The most traded stocks in the BSE Sensex are ONGC and RELIANCE IND..
In the meantime, NSE Nifty is at 9,233 (down 0.5%). ADANI PORTS & SEZ (up 2.7%) and ONGC (up 2.0%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 38,600 to 31,578, registering a loss of 7,022 points (down 19.09%).
IOC net profit stood at Rs 25 billion for the quarter ended December 2019, compared to a profit of Rs 3 billion a year ago. Net Sales declined 10.0% to Rs 1469.5 billion during the period as against Rs 1633.3 billion in October-December 2018.
For the year ended March 2019, IOC reported 26.8% decrease in net profit to Rs 158.9 billion compared to net profit of Rs 217.2 billion during FY18.
Revenue of the company grew 19.7% to Rs 6,172 billion during FY19.
The current Price to earnings ratio of IOC, based on rolling 12 month earnings, stands at 5.8x. p >
What else is happening in the markets today? Dig in...
Indian share markets continued their momentum and ended their day on a strong note today.
J&K BANK share price is trading up by 8% and its current market price is Rs 32. The BSE BANKEX is up by 2.8%. The top gainers in the BSE BANKEX Index are J&K BANK (up 7.6%) and RBL BANK (up 5.2%).
RELIANCE IND. share price is trading up by 5% and its current market price is Rs 2,216. The BSE OIL & GAS is up by 1.3%. The top gainers in the BSE OIL & GAS Index is RELIANCE IND. (up 5.1%). The top losers are PETRONET LNG (down 0.1%) and BPCL (down 0.4%).
AU SMALL FINANCE BANK share price has hit an all time high at Rs 1,224 (up 4.2%). The BSE BANKEX Index is up by 2.8%. Among the top gainers in the BSE BANKEX Index today are AU SMALL FINANCE BANK (up 4.2%) and KOTAK MAHINDRA BANK (up 3.0%).
REDINGTON share price is trading down by 5% and its current market price is Rs 200. The BSE 500 is up by 1.9%. The top gainers in the BSE 500 Index are IFCI (up 19.9%) and IDBI BANK (up 12.1%). The top losers are REDINGTON (down 5.1%) and SYMPHONY (down 5.1%).
RBL BANK share price is trading up by 5% and its current market price is Rs 249. The BSE BANKEX is up by 2.7%. The top gainers in the BSE BANKEX Index are RBL BANK (up 5.0%) and FEDERAL BANK (up 5.7%).
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