Indian Oil Corporation (IOC) Share Price & Analysis
Indian Oil Corporation (IOC) — Oil & Gas Refining & Marketing
Indian Oil Corporation Key Fundamental Metrics
Executive Investment Overview & Business Profile
Indian Oil Corporation currently trades at an attractive P/E ratio of 5.837152, reflecting a discounted valuation compared to broader sector averages.
Indian Oil Corporation is one of the premier companies in India's Energy sector. Currently trading at ₹142.66 with a market capitalization of ₹2.01 Lakh Cr, the company occupies a key position in the Indian equity market.
Investors evaluating Indian Oil Corporation focus closely on its capital return metrics: Return on Equity (ROE) stands at N/A alongside operating margins of -0.13%. The company's earnings multiple of 5.837152 P/E provides a clear signal of market expectation relative to sector peers.
Company Profile & Information
Indian Oil Corporation Limited, together with its subsidiaries, engages in the oil, gas, petrochemicals, and alternative energy source businesses in India and internationally. It operates through Sale of Petroleum Products, Sale of Petrochemicals, Sale of Gas, and Other segments. The company is involved in the refining of petroleum products; exploration and production of crude oil and gas; explosives and cryogenic businesses; pipeline transportation of crude oil, petroleum, and gas; petrochemicals and gasoline; gas and LPG marketing; research and development; city gas distribution; and downstream operations. It also engages in low carbon, new, clean, and green energy businesses; lube blending; marketing of lubricants and base oil; participation in the shale gas asset project; crude oil trading; import and export of petroleum products; investment in E&P assets, battery technology, and alternative energy technology companies; and wind mill and solar power generation. In addition, the company provides terminalling, retailing, aviation refueling, and bunkering; and financial services, as well as operates fuel stations. It serves motorists, households, businesses, society, suppliers, business partners, and the sports industry. The company was formerly known as Indian Oil Company Limited and changed its name to Indian Oil Corporation Limited in September 1964. Indian Oil Corporation Limited was incorporated in 1959 and is based in New Delhi, India.