NSE: IOC | BSE: 530965

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151.34 1.09 (0.73%)

36.69% Gain from 52W Low

3.6M NSE+BSE Volume

NSE 10 Jul, 2025 10:12 AM (IST)

213,710.8

Market Cap

Market Leader

1.1

Beta 1Year

High Volatility

Indian Oil Corporation Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for IOC, BSE:530965 Indian Oil Corporation Ltd.

Indian Oil Corporation Ltd.

02 Feb 2022

151.34

0.73%

INDIAN OIL CORPORAT

Buy: Indian Oil Corporation Ltd.

Target

Prabhudas Lilladhar

For Q3, benchmark HSD and MS margins were higher at USD11.9/bbl (H1: 5.7) and USD16.0/bbl (H1: USD11.2) respectively. We expect GRMs to improve as global economic activity picks up with rising vaccination drive and...

Number of FII/FPI investors decreased from 754 to 730 in Mar 2025 qtr

Indian Oil Corporation Ltd.

02 Feb 2022

151.34

0.73%

Indian Oil Corporation Limited

Indian Oil Corporation Ltd.

SMC online

Indian Oil Corporation's quarterly profit rose, missing estimates, amid a jump in revenue and lower tax expenses. Indian Oil Corporation consolidated net sales increased 62.36% to Rs 165339.04 crore in Q3FY22 compared to Q3FY21. Sales of Petroleum Products segment has gone up 34.43% to Rs 1,89,838.08 crore (accounting for 92.99% of total sales). Sales of Other Business Activities...

Indian Oil Corporati.. has an average target of 153.67 from 6 brokers.

Indian Oil Corporation Ltd.

02 Nov 2021

151.34

0.73%

Indian Oil Corporation

Buy: Indian Oil Corporation Ltd.

Target

ICICI Securities Limited

The company reported higher-than-expected other income of | 1433.7 crore. PAT was at | 6360.1 crore, up 7% QoQ (estimate: | 3944.8 crore) What should investors do? IOC's core GRM improved in Q2FY22. We expect it to remain at current levels in coming quarters. Steady marketing margins and further...

Indian Oil Corporation Ltd. is trading above all available SMAs

Indian Oil Corporation Ltd.

01 Nov 2021

151.34

0.73%

Improving macros to aid IOCL the most among its peers

Buy: Indian Oil Corporation Ltd.

Target

Motilal Oswal

IOCL reported a beat on our estimates owing to better than expected reported GRM (USD6.6/bbl) and marketing margin (INR7/liter), although refining throughput and marketing sales volumes were lower than our estimate. Petchem margin for IOCL fell by 23% QoQ, in line with the softening of PE/PP cracks in 2QFY22 (averaging 15-19% lower QoQ). Singapore GRM improved to an average of USD7.5/bbl in Oct'21 as demand continued to outweigh supply. Although gross marketing margin was slightly under pressure (to INR1.8/INR3.7 per liter for petrol/diesel in Oct'21; down...

Number of FII/FPI investors decreased from 754 to 730 in Mar 2025 qtr

Indian Oil Corporation Ltd.

05 Aug 2021

151.34

0.73%

Indian Oil Corporation

Buy: Indian Oil Corporation Ltd.

Recommendation Target

ICICI Securities Limited

Marketing segment's performance improved QoQ as higher costs were passed on to customers. Reported GRMs were US$6.6/bbl vs.US$10.6/bbl QoQ as higher inventory gains were reported in Q4FY21. EBITDA was at | 11126.1 crore, down 17.6% QoQ Subsequently, PAT was at | 5941.4 crore, down 32.3% QoQ...

Indian Oil Corporation Ltd. is trading above all available SMAs

Indian Oil Corporation Ltd.

05 Aug 2021

151.34

0.73%

INDIAN OIL CORPORATION LTD

Buy: Indian Oil Corporation Ltd.

Target

Geojit BNP Paribas

The recent movement in oil prices with Delta variant of COVID and OPEC+ output should boost the performance of the company in the medium-term. Hence, we reiterate our BUY rating on the stock with a revised target price of Rs. 126 based on SOTP valuation. Topline impacted sequentially with slowness in demand In Q1FY22, IOCL's revenue increased 74.3% YoY to Rs. 155,056cr due to increase in demand for petroleum products and petrochemicals. However, on sequential basis, revenue declined 5.2% on slowness in demand for these products amidst rising COVID...

Indian Oil Corporation Ltd. is trading above all available SMAs

Indian Oil Corporation Ltd.

04 Aug 2021

151.34

0.73%

Indian Oil Corporation Limited

Results Update: Indian Oil Corporation Ltd.

SMC online

Indian Oil Corporation consolidated net sales increased 90.82% to Rs 115502.51 crore in Q1FY22 compared to Q1FY21. Sales of Petroleum Products segment has gone up 74.83% to Rs 1,50,058.43 crore (accounting for 93.79% of total sales). Sales of Other Business Activities segment rose 92.40% to Rs 4,113.31 crore (accounting for 2.57% of total sales). Sales of...

Indian Oil Corporati.. has an average target of 153.67 from 6 brokers.

Indian Oil Corporation Ltd.

02 Aug 2021

151.34

0.73%

Q1FY22 Result Update - Steady performance - BUY

Buy: Indian Oil Corporation Ltd.

Target

Prabhudas Lilladhar

oil prices range bound to support marketing margins in medium term. Also, GRMs are expected to recover with pickup in economic activity. We leave our estimates for FY22/23E unchanged....