IOC gains on inking pact with NSG for supply of fuels and lubricants

Indian Oil Corporation (IOC) is currently trading at Rs. 264.65, up by 2.00 points or 0.76% from its previous closing of Rs. 262.65 on the BSE. The scrip opened at Rs. 265.00 and has touched a high and low of Rs. 267.15 and Rs. 264.00 respectively. So far 7556 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 320.45 on 16-May-2013 and a 52 week low of Rs. 186.20 on 31-Jul-2013. Last one week high and low of the scrip stood at Rs. 273.50 and Rs. 258.80 respectively. The current market cap of the company is Rs. 64826.33 crore. The promoters holding in the company stood at 68.57%, while Institutions and Non-Institutions held 6.97% and 24.46% respectively. IOC has inked agreement with National Security Guard (NSG) for supply of fuels and lubricants. The State-owned company will cater to all fuel requirements of NSG. IOC has always been a trusted partner and that NSG could bank upon the company for meeting their various fuel requirements. IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.