INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Indian Oil Corporation Ltd
with a target price of Rs 170
The current market price of Indian Oil Corporation Ltd
is Rs 164.1 Time period given by the analyst is Intra Day when Indian Oil Corporation Ltd
price can reach the defined target
Dr CK Narayan recommended to keep stoploss at Rs 161
Indian Oil Corporation Ltd., incorporated in 1959, is a largecap company with a market cap of Rs 154486.35 crore
Indian Oil Corporation Ltd
key Products/Revenue Segments include Petroleum Refinery Products which contributed Rs 497400.43 Crore to Sales Value (98.21 % of Total
Sales), Other Operating Revenue which contributed Rs 5521.34 Crore to Sales Value (1.09 % of Total Sales), Grants which contributed Rs
3196.34 Crore to Sales Value (0.63 % of Total Sales), Scrap which contributed Rs 139.11 Crore to Sales Value (0.02 % of Total Sales), Sale
of services which contributed Rs 96.16 Crore to Sales Value (0.01 % of Total Sales), Subsidy which contributed Rs 81.11 Crore to Sales Value
(0.01 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 141016.49 Crore, up 6.54 % from last quarter Sales of
Rs 132357.08 Crore and up 28.11 % from last year same quarter Sales of Rs 110071.61 Crore Company has reported net profit after tax of Rs
315.20 Crore in latest quarter
Mr.Chitta Ranjan Biswal, Mr.D S Shekhawat, Mr.G K Satish, Mr.Gurmeet Singh, Mr.Parindu Bhagat, Mr.Ranjan Kumar Mohapatra, Mr.Samirendra
Chatterjee, Mr.Sanjiv Singh, Mr.Shankar Chakraborti, Mr.Vinoo Mathur, Mrs.Sushmita Dasgupta
Company has V Singhi Associates as its auditoRs As on 14-02-2019, the company has a total of 9,414,158,922 shares outstanding.
