News for Indian Oil Corporation Limited (IOC.BO)

Crude oil prices heavily influence OMCs, as crude is their main raw material. When crude prices rise, OMCs experience higher input costs, which can compress their gross refining margins (GRMs) if they cannot pass on the increased costs to consumers due to government-imposed price controls on petrol, diesel, and LPG.

Shares of HPCL surged as much as 5.1%, while IGL and GAIL India stocks rallied over 2% as Brent crude prices dropped for the 3rd straight session.

Domestic brokerage firm SMIFS has shared eight stocks including Life Insurance Corporation of India, Tata Motors, Asian Paints and other with up to 172 per cent upside potential.

Plans for refining capacity in Ratnagiri are being restructured into smaller units, with potential collaborations from Saudi Aramco and ADNOC. The Maharashtra government will continue to support electric vehicles, and infrastructure projects like the Nagpur-Mumbai Expressway and rapid rail developments are set to advance.

Envision 2025 at IIT Madras Research Park unites global stakeholders for sustainable energy solutions and net-zero future.

Stocks including ICICI Bank, JSW Steel, YES Bank, InterGlobe Aviation, NTPC Green Energy, Mazagon Dock, NTPC & Religare Enterprises and more will be in the spotlight on Monday, January 27.

India will continue purchasing crude oil from Russia if it is available at a discount, according to Union Minister Hardeep Singh Puri. The government is committed to securing economically priced crude oil for round-the-clock energy supply, while also exploring long-term and spot deals with various oil-producing countries.

HPCL is poised to gain from falling oil prices due to U.S. President Trump's energy policies promoting domestic production and exports. Nomura highlights HPCLs strong positioning amidst potential global market shifts. OMC shares, however, faced short-term declines.

As of 31-Dec-2024, promoters held 51.5 per cent stake in the company, while FIIs held 7.43 per cent and domestic institutional investors had 2.68 per cent.

As India approaches Budget 2025, expectations are high for a focus on capital expenditure to drive economic recovery. Analysts highlight sectors like power, renewable energy, and defence for growth, recommending stocks such as Hitachi Energy, Siemens, and L&T. Despite recent market declines, experts see opportunities in select industries, urging investors to adopt a long-term, buy-on-dips strategy.

A total of 271,019 shares changed hands on the counter till 10:55AM (IST)

The stock traded at a P/E multiple of 10.70, while the price-to-book value ratio stood at 1.26.

The upcoming operations of Noida International Airport are anticipated to enhance regional connectivity and drive economic growth in Uttar Pradesh

Under a 30-year concession agreement, IOC will operate fuel stations at three key locations within the airport: near the main western access road for passengers, at the airside for airport operations, and close to the eastern cargo precinct, as reported by ET earlier.

A total of 305,123 shares changed hands on the counter till 11:36AM (IST)

Stocks including UltraTech Cement, Reliance Industries, Tata Consultancy Services, NTPC Green, Indian Oil, Aurobindo Pharma, Laurus Labs and more will be in the spotlight on Monday, December 23.

Buzzing stocks, stocks to watch: Reliance Industries, Vedanta, Sterling & Wilson RE, Ola Electric, CoForge, Insurance stocks, Ultratech Cement, Granules, Aurobindo Pharma, Vakrangee, Fortis Healthcare, Piramal Enterprises, IFCI, SRM Contractors

Reliance Industries, the country’s most valued stock, has topped the chart with the highest interest expenses of ₹11,935 crore in H1 FY25

IOC shares: Jefferies indicated a favourable risk-reward balance following correction over the past three months.