Indian Oil Corporation Ltd News

Oil & Gas index surges nearly 3%; HPCL, Oil India, BPCL, IOC rally up to 6%

OMC's are well positioned to benefit from fall in crude prices, improvement in refining margins, fuel consumption growth and petchem demand growth in India.

IOC shares slide 4%; BPCL, HCPL down 2%; What's dragging OMC stocks?

JM Financial said Brent crude is likely to remain subdued at around $65 per barrel in the near term, at least until the US mid-term elections in November 2026

Ex-date alert! IOC, 4 others to remain in focus today; check full list

Among them, IOC shares will go ex-dividend, while Anirit Ventures shares will turn ex-date for a rights issue

RIL, MRPL, OMCs set for fresh rally, may surge up to 27%: YES Securities

Analysts at YES Securities have recommended a 'BUY' rating on Chennai Petro, MRPL, BPCL and Reliance Industries on the back of upbeat prospects for these oil refining companies.

OMCs set for strong quarter on buoyant margins, says Antique

Antique Stock Broking reiterated 'Buy' on Hindustan Petroleum Corp., Bharat Petroleum Corp., and Indian Oil Corp, with HPCL as the top pick

Pact with TotalEnergies to aid deepwater exploration: OIL CMD Ranjit Rath

The company's first partnership with TotalEnergies would help exploration in deep-water and ultra-deep water blocks, an area where OIL lacks significant expertise, Rath said

OMCs in focus, stocks rally up to 13% in 1 month; BPCL hits new high

Outlook on OMCs: Analysts at Motilal Oswal revised upwards the FY26/FY27 estimates for OMCs factoring in monthly LPG under recovery compensation over Nov'25-Oct'26 under revenue.

PWD to partner with Indian Oil for maintenance and upgrade of flyovers

The Public Works Department (PWD) is planning to partner with Indian Oil Corporation (IOC) to garner support for its CSR initiative 'adopt a flyover' project, sources said on Friday. Under the initiative, private firms can adopt public infrastructure, taking responsibility for its maintenance, beautification, and cleanliness, in return for limited advertising rights on the adopted structures. In July this year, a decision was taken in a high-level meeting chaired by PWD Minister Parvesh Verma to prepare large infrastructure proposals that align with the public-private partnership (PPP) framework and Corporate Social Responsibility (CSR) initiative. The shift in policy comes amid concerns over delays and cost overruns in previous public infrastructure projects due to funding limitations. One of those projects is the 'adopt a flyover' project, based on the PPP model for cleanliness and better care of road infrastructure, officials added. According to officials, a meeting was held ...

3M India, IOC, Titan, JK Tyre: Stocks at 52-week high; buy or sell?

3M India, Indian Oil, JK Tyre and Titan zoomed up to 19% in Tuesday's trade. Technical charts suggest these 4 stocks can rally to fresh life-time highs and rally up to 25% from here.

IOCL, BPCL, HPCL hit 52-week highs; What's driving OMCs to outperform?

In the past one week, the BSE Oil & Gas index up 3.4 per cent, as compared to 0.91 per cent decline in the BSE Sensex.

BSE PSU index hits 52-week high; BHEL, CPCL, MRPL rally up to 17% in 1 week

In the past one week, PSU index has outperformed the market by gaining 1.5 per cent, as against 0.4 per cent decline in the BSE Sensex.

Indian Oil to form trading JV with Vitol to expand global footprint

The partnership with Vitol will help Indian Oil cut crude-procurement costs from spot markets and improve margins through access to new buyers

Indian Oil Corporation soars 5%; ONGC hits 4-month high; here's why

Oil & Gas stocks rally on D-Street: At 12:38 PM; BSE Oil & Gas was up 2.5 per cent, as compared to 0.42 rise in the BSE Sensex.

Buy or Sell? How to trade Reliance, ONGC, OMC shares amid Russian oil ban

Crude Oil prices have soared 7% in the last two weeks following fresh US sanctions on Russian oil imports. Back home, shares of oil exploration and marketing companies look favourably placed on charts

Indian Oil Corporation reports healthy Q2 results; should you buy or sell?

In Q2, IOCL's consolidated net profit stood at ₹7,817.55 crore, as compared to a net loss of ₹169.58 crore a year ago

Indian Oil reports ₹7,817 cr net profit in Q2FY26, revenue up 3.9%

In Q2FY25, IOCL recorded a net loss of ₹169.58 crore on the back of a drop in average gross refining margins (GRMs)-the revenue refiners accrue from transforming each barrel of crude oil into refined

HPCL, BPCL, IOCL rally up to 4%; why OMC shares are in demand today?

Analysts believe that OMCs now have a large margin of safety owing to low oil price and a large capex plan which gives them confidence that a normative level of earnings will still be maintained.

Indian Oil Corp in talks with Vitol for oil trading joint venture: Report

State-run company is expanding the capacity of its three refineries to raise crude processing by 346,000 bpd over the next two years and also plans to build a 180,000 bpd refinery in southern India

Crude slips to 3-month low; INR weakness seen pressuring OMCs, CGDs: Nomura

Nomura said that the INR's depreciation remains a headwind for OMCs and CGDs, as their input costs are dollar-linked while revenues are in rupees.

IOC's project SPRINT starts to show results, company gains retail dominance

Indian Oil Corporation's (IOC) transformative project SPRINT has started to show results with improved operational performance at refineries and the company is regaining leadership position in fuel retail expansion, Chairman Arvindar Singh Sahney said. India's largest oil firm in April unveiled Project SPRINT that looks to make the firm future-ready by fashioning businesses to meet changing global energy landscape and stay relevant and profitable. SPRINT stands for strengthening core businesses of oil refining, petrochemicals and fuel marketing, propel cost optimisation to increase profitability, reinforce customer centricity, integrate technology and innovation, nurture leadership and talent, and be transition-ready. IOC called SPRINT a transformation project that will keep the firm rooted in its core strengths, while at the same time preparing for an eventual transition away from fossil fuels. "To sustain leadership in a changing energy landscape, the company must evolve with spe