Prior to his appointment as Chairman IOC, B Ashok was Executive Director (Retail Sales) and Executive Director in the Corporate Office at New Delhi.
B Ashok today took over as the Chairman of Indian Oil Corp , the nation's largest oil firm. Prior to his appointment as Chairman IOC, Ashok was Executive Director (Retail Sales) and Executive Director in the Corporate Office at New Delhi.
"Ashok has a wide experience in various roles of the Marketing Division and has also been a harbinger of the Business Development activities at its Corporate Headquarters," the company said in a statement here.
Having global exposure, he also has headed the overseas business of IOC in South-East Asia based at Kuala Lumpur, Malaysia and recently on Board of Lanka IOC.
A mechanical engineer from College of Engineering, Guindy, Madras University with a Post-Graduate Management degress from National Management Programme of Management Development Institute, Ashok has over 33 years of experience in the oil and gas industry.
IOC stock price
On July 16, 2014, Indian Oil Corporation closed at Rs 338.25, up Rs 6.45, or 1.94 percent. The 52-week high of the share was Rs 385.35 and the 52-week low was Rs 186.20.
The company's trailing 12-month (TTM) EPS was at Rs 28.91 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 11.7. The latest book value of the company is Rs 280.66 per share. At current value, the price-to-book value of the company is 1.21.
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