If you are expecting a fuel price cut in the New Year, you may have to temper your expectations. Indian Oil Corporation believes that their inventory losses are huge and they are yet to factor them so far.
If you are expecting a fuel price cut in the New Year, you may have to temper your expectations. Indian Oil Corporation believes that their inventory losses are huge and they are yet to factor them so far.
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IOC stock price
On December 30, 2014, Indian Oil Corporation closed at Rs 331.60, down Rs 1, or 0.3 percent. The 52-week high of the share was Rs 410.90 and the 52-week low was Rs 194.50.
The company's trailing 12-month (TTM) EPS was at Rs 41.40 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 8.01. The latest book value of the company is Rs 271.80 per share. At current value, the price-to-book value of the company is 1.22.
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