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Indian Oil takes over Mercator in insolvency bid

The agreement was finalized on Tuesday when, reportedly, the business sent the funds to Bank of Baroda (BoB), the principal lender. ....

Gulf Of Khambhat , Indian Oil Corp Ltd , Mercator Petroleum ,

Madhu Kela says overvalued PSUs seeing correction; buying should emerge at 'right price'

The value investor, who has been rallying behind PSU stocks for quite some time, believes there are some pockets that are overvalued and the correction is actually a good sign ....

Madhu Kela , Indian Railway Finance Co , Life Insurance Corp , Indian Oil Corp Ltd , Madhu Kela On Psu , Madhu Kela Psu Banks ,

PSU shares recover from sharp correction, but pressure remains on some stocks

On February 13, the Nifty 50 index had a muted start and was trading at 21,733.85, around 0.55 percent higher than close on February 12. BSE Sensex was trading at 71,523.44, around 0.66 percent higher. ....

Kranthi Bathini , Indian Oil Corp Ltd At Rs , Indian Oil Corp Ltd , Life Insurance Corp , Wealthmills Securities , Psu Stocks ,

Indian Oil net profit for Q3 may skid on narrow margins, inventory losses: Analysts

Quarterly net profit expected to plunge 58% QoQ to Rs 5388.60 crore from Rs 12967.30 crore. Net sales predicted to stay flat sequentially (4% growth), but a 15% YoY decline to Rs 194248.10 crore ....

Indian Oil Corp Ltd , Kotak Institutional Equities , Elara Capital , Markets News , Equity Markets , Uzzing Stocks , Ecember 2023 Quarter ,