Is it good to buy IOC shares now?

Is it good to buy IOC shares now?

All in all, looking at valuations, dividend yields, solid track record and an impeccable retail fuel network, IOC remains a good pick.

When IOC shares will go up?

Tomorrow’s movement Prediction of Indian Oil Corporation Limited IOC as on 29 Oct 2021 appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock….Munafa value: 54 as on 29 Fri Oct 2021.

Upside target 132.92
Downside target 125.62
Downside target 124.58

What is the target of IOC share?

Emkay Global has buy call on Indian Oil Corporation with a target price of Rs 135. The current market price of Indian Oil Corporation is Rs 125.8.

What is the future of Indian Oil Corporation?

Today, as a low-carbon future beckons on the horizon, Indian Oil is engaged in building a future full of clean and green energy. We are leading the industry in an unprecedented quantum leap from BS-IV fuels to a world-standard BS-VI compliant regime by April 2020.

Which is better ONGC or IOC?

New Delhi: ONGC, India’s top oil and gas producer, has toppled Indian Oil Corp (IOC) to regain crown of being the country’s most profitable public sector company. In comparison, IOC registered a net profit of Rs 17,274 crore for the fiscal year ended March 31, 2019.

What is IOC validity in stock market?

IOC – An Immediate or Cancel (IOC) order allows a Trading Member to buy or sell a security as soon as the order is released into the market, failing which the order will be removed from the market. Partial match is possible for the order, and the unmatched portion of the order is cancelled immediately. Price Conditions.

What is the record date for IOC bonus?

Indian Oil Corporation Ltd.

Announcement Date Bonus Ratio Record Date
30-01-2018 1:1 17-03-2018
29-08-2016 1:1 19-10-2016
13-09-2009 1:1 30-10-2009
06-06-2003 1:2 18-08-2003

Does IOC give dividend?

For the year ending March 2021 Indian Oil Corporation has declared an equity dividend of 120.00% amounting to Rs 12 per share….Indian Oil Corporation Ltd.

Announcement Date 13-03-2020
Ex-Date 23-03-2020
Dividend (%) 42.5
Dividend (Rs) 4.25
Remarks Rs.4.2500 per share(42.5%)Interim Dividend

What are the future plans of ONGC?

ONGC is given a target to achieve 28 MMT of oil and 35 BCM of gas production by March 31, 2024, a second official said. “Therefore, there is an urgent need to restructure and revamp ONGC to enable it to function as an engine of exploration of production [E&P] growth in lndia,” he said.

Is IOC a debt free company?

Total debt for Indian Oil Corporation FY 2015-2020 The total debt for Indian Oil Corporation limited was more than 1.16 trillion Indian rupees in the financial year 2020.

Is ONGC a good buy?

ONGC’s share price has underperformed the benchmark over the past four years due to a decline in domestic oil & gas production. Due to lower production growth on a sustainable basis, despite cheaper valuations, the brokerage does not recommend that long term investors add the stock as it is a play on commodity prices.

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