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Indian Oil Corp Share Price: Indian Oil Corp shares drop 3 66% as Sensex falls

Indian Oil Corp Share Price: Shares of Indian Oil Corp fall as Nifty drops

Indian Oil Corp Share Price: Share price of Indian Oil Corp falls as Sensex drops 1050 82 points

Promoters held 51.5 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 8.5 per cent and 2.34 per cent, respectively.

Indian Oil says decline in Q4 net profit majorly on account of inventory losses

India’s biggest oil refiner on April 30 reported consolidated net profit of Rs 5,488 crore for the fourth quarter of financial year 2023-24, a decline of 49 percent from the year-ago period. Meanwhile, the company’s net profit declined 40 percent sequentially.

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