Indian Oil Corporation (IOC) has raised the petrol and diesel price by Rs. 3.07 and Rs. 1.90 per litre respectively,
Oil and Gas stock were higher after State-run Indian Oil Corporation (IOC) has raised the petrol and diesel price by Rs. 3.07 and Rs. 1.90 per litre respectively, which will be effective midnight.
Post the price hike, a litre of petrol in Delhi will cost Rs 59.68 and diesel will retail at Rs 48.33/litre. Petrol price in Kolkata, Mumbai and Chennai will cost Rs 63.76, Rs 65.79 and Rs 59.13 a litre respectively.
Post the price hike, a litre of petrol in Delhi will cost Rs 59.68 and diesel will retail at Rs 48.33/litre. Petrol price in Kolkata, Mumbai and Chennai will cost Rs 63.76, Rs 65.79 and Rs 59.13 a litre respectively.
Indian Oil Corporation Ltd is currently trading at Rs. 402, up by Rs. 13.5 or 3.47% from its previous closing of Rs. 388.5 on the BSE.
The scrip opened at Rs. 395 and has touched a high and low of Rs. 405 and Rs. 393.85 respectively. So far 1394536(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 94325.86 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 465.4 on 24-Jul-2015 and a 52 week low of Rs. 324.05 on 13-May-2015. Last one week high and low of the scrip stood at Rs. 394.8 and Rs. 381.9 respectively.
The promoters holding in the company stood at 58.57 % while Institutions and Non-Institutions held 16.88 % and 24.55 % respectively.
The stock is currently trading below its 200 DMA.
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