Sharekhan is bullish on Indian Oil Corporation has recommended buy rating on the stock with a target price of Rs 92 in its research report dated February 01, 2023.

A total of 501,130 shares changed hands on the counter till 01:32PM (IST).

Prabhudas Lilladher is bullish on Indian Oil Corporation has recommended buy rating on the stock with a target price of Rs 125 in its research report dated January 31, 2023.

YES Securities is bullish on Indian Oil Corp has recommended buy rating on the stock with a target price of Rs 120 in its research report dated February 01, 2023.

Motilal Oswal is bullish on IOCL recommended buy rating on the stock with a target price of Rs 98 in its research report dated January 31, 2023.

ICICI Direct recommended hold rating on Indian Oil Corporation with a target price of Rs 90 in its research report date February 01, 2023.

A total of 557,549 shares changed hands on the counter till 01:48PM (IST).

Sun Pharma is the worlds fourth largest generics/specialty pharma company with 43 manufacturing sites at its disposal addressing segments like specialty products, branded generics, complex generics, pure generics and APIs.

The oil marketers had suffered cumulative losses of Rs 27,276 crore in the first half of FY23.

As of 31-Dec-2022, promoters held 0.0 per cent stake in the company, while FIIs held 7.22 per cent and domestic institutional investors had 2.09 per cent.

Indian Oil Corporation, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 114240.82 Crore) operating in Gas & Petroleum sector.

Indian Oil Corporation, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 114664.46 Crore) operating in Gas & Petroleum sector.

The revenue from operations climbed 17 percent YoY, said the state-owned giant.

On the technical charts, the 200-day moving average of the stock stood at Rs 74.58.

The first consignment of 80 barrels of aviation gas (AV gas), each consisting of 16 kilolitres, was shipped from the Jawaharlal Nehru Port Trust (JNPT) to Papua New Guinea over the weekend.

Results that will be out on January 30 include Larsen & Toubro, Bajaj Finserv, Tech Mahindra, Bharat Petroleum Corporation, Bajaj Holdings & Investment, GAIL, SRF, Punjab National Bank, REC, Laurus Labs, IIFL Finance, Trident, Exide Industries, Nippon Life India Asset Management, Mazagon Dock Shipbuilders, Welspun as well as Inox Leisure.

Indian Oil Corporation, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 117135.67 Crore) operating in Gas & Petroleum sector.

IOC has broken out on the weekly chart from the downward sloping trendline adjoining the highs of April 22, 2022 and December 16, 2022. Trend of the stock is positive as stock price is trading above its important moving averages.

On the technical charts, the 200-day moving average of the stock stood at Rs 74.62.

A total of 544,386 shares changed hands on the counter till 11:54AM (IST)

Bullish flag breakout and sustaining above 13 days EMA signaling further upward momentum.

The three oil marketing companies (OMCs) did not change prices beginning April 6 despite cost of raw material rising. This led to the three booking a combined loss of Rs 21,000 crore during April-September 2022

As of 30-Sep-2022, promoters held 0.0 per cent stake in the company, while FIIs held 7.22 per cent and domestic institutional investors had 2.09 per cent.

On the technical charts, the 200-day moving average of the stock stood at Rs 74.57.

Earlier this week, sources told CNBC TV-18 that oil marketing companies are now expecting a cash compensation of Rs 50,000 crore for the losses incurred in 2022

A total of 1,228,842 shares changed hands on the counter till 02:13PM (IST)

The NSE Nifty index closed 18.45 points down at 17895.7

The stock quoted a 52-week high of Rs 90.67 and a 52-week low of Rs 65.2.

The stock quoted a 52-week high of Rs 90.67 and a 52-week low of Rs 65.2.

A total of 752,013 shares changed hands on the counter till 10:46AM (IST)

Coupled with GRMs of US$10.5-12.4/bbl (net of windfall tax and estimated inventory loss), the brokerage believes operating earnings for the 3 companies will likely swing back to the black post the record loss seen in Q2.

Presence of green tall bar post a pullback off supportzone implies a reversal in trend in place since April.

“Options data suggests a broader trading range in between 17700 to 18500 zones while an immediate trading range in between 17850 to 18250 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

While the first financial commitment towards green hydrogen has only just been announced and details of the policy are yet to emerge, companies are already making plans for it.

Even as details of how these incentives will be rolled out are yet to be announced, a host of private sector conglomerates have already made pitches to go big on green hydrogen.

A total of 578,201 shares changed hands on the counter till 10:36AM (IST)

Indian Oil Corporation, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 110286.87 Crore) operating in Gas & Petroleum sector.

National Green Hydrogen Mission scheme guidelines and implementation details yet to be detailed 

Indian Oil Corporation, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 110851.72 Crore) operating in Gas & Petroleum sector.

​​ICICI Bank to deliver strong compounding returns with valuations set to re-rate higher as the bank has cemented its stalwart position with highly efficient significant liability franchise, strong capital ratios, and steady asset quality.

A total of 380,635 shares changed hands on the counter till 11:27AM (IST)

“We have a list 10 stocks which are a mix of largecaps and smallcaps. If I were to pick one stock, I will pick PNC Infrastructure Company. This has a current order book of about Rs 19,000 crore, which gives them revenue visibility of about almost 2.5 times their current earnings.”

A total of 1,478,824 shares changed hands on the counter till 11:32AM (IST).

A total of 727,242 shares changed hands on the counter till 11:52AM (IST)