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HomeUncategorizedMaharatna PSU Stock Issues NCDs Worth Rs 2,500 Crore, Shares Rally

Maharatna PSU Stock Issues NCDs Worth Rs 2,500 Crore, Shares Rally

1. Stock Performance

1. Stock Performance

The shares of the company gained soon after the announcement. The last trading price of the stock is Rs 76 apiece after an intraday gain of 3.82%. The stock’s 52-week high is Rs 90.71 apiece and 52-week low is Rs 65.20 apiece, respectively.

2. Market Capitalisation

2. Market Capitalisation

The company has a market capitalisation of Rs 1,07,533.23 crore.

3. Return

3. Return

The stock declined 41% in last 5-years, 14% in last 3-years, and a little over 5% in last 1-year. The stock has gained 6% in last 3-months, 11% in last 1-month, and a little above 8% in last 1-week.

4. About Indian Oil Corporation

4. About Indian Oil Corporation

Indian Oil Corporation (IOC), is leading flagship national oil company and downstream petroleum major. It came into existence June 30, 1959 as Indian Oil Company. Later it was renamed as Indian Oil Corporation on September 1, 1964 following the merger of Indian Refineries (established 1958) with it. The Indian Oil Group of companies owns and operates ten of India’s 20 refineries with a combined refining capacity of 60.2 million metric tonnes per annum (MMTPA, .i.e. 1.2 million barrels per day).





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