140.9300 -2.06 (-1.44%)
NSE Jun 13, 2025 14:03 PM
Volume: 17.4M
 

140.93
-1.44%
Motilal Oswal
IOCL reported numbers that were largely in line with our estimates as better than estimated GRM (USD12/bbl) balanced lower than estimated marketing margin (INR3.4/lit); refining throughput and marketing sales volumes were also in line with our estimate. Singapore GRM stood at an average of USD6.0/bbl in Jan'22, as demand continued to outweigh supply. Gross marketing margins stand at INR3.5/5.7/lit for Petrol/Diesel in 2HFY22 YTD due to spurt in Brent prices. However, current prices would result in these suppressing to INR1-2/lit....
Geojit BNP Paribas decreased Hold price target of Indian Oil Corporation Ltd. to 152.0 on 05 Jun, 2025.
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