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How to buy Indian Oil Corporation (IOC) shares

Learn how to easily invest in Indian Oil Corporation shares.

Indian Oil Corporation Limited is an oil & gas refining & marketing business based in India. Indian Oil Corporation shares (IOC) are listed on the NSE and all prices are listed in Indian Rupee. Indian Oil Corporation employs 31,648 staff and has a trailing 12-month revenue of around INR4.2 trillion.

How to buy shares in Indian Oil Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – IOC – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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Is it a good time to buy Indian Oil Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Indian Oil Corporation shares at a glance

Information last updated 2021-10-23.
Latest market closeINR130.80
52-week rangeINR67.51 - INR140.00
50-day moving average INR123.23
200-day moving average INR108.76
Wall St. target priceINR134.65
PE ratio 4.7045
Dividend yield INR12 (9.12%)
Earnings per share (TTM) INR27.78

Indian Oil Corporation stock price (NSE: IOC)

Use our graph to track the performance of IOC stocks over time.

Indian Oil Corporation price performance over time

Historical closes compared with the close of INR130.8 from 2021-10-27

1 week (2021-10-21) -0.65%
1 month (2021-09-28) 6.38%
3 months (2021-07-28) 25.77%
6 months (2021-04-28) 46.31%
1 year (2020-10-28) 67.58%
2 years (2019-10-27) -8.34%
3 years (2018-10-26) 137.65
5 years (2016-10-28) 323.5

Is Indian Oil Corporation under- or over-valued?

Valuing Indian Oil Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Indian Oil Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Indian Oil Corporation's P/E ratio

Indian Oil Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Indian Oil Corporation shares trade at around 5x recent earnings.

Indian Oil Corporation's EBITDA

Indian Oil Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is INR468.6 billion.

The EBITDA is a measure of a Indian Oil Corporation's overall financial performance and is widely used to measure a its profitability.

Indian Oil Corporation financials

Revenue TTM INR4,189.2 billion
Operating margin TTM 8.45%
Gross profit TTM INR842.7 billion
Return on assets TTM 5.62%
Return on equity TTM 20.82%
Profit margin 6.09%
Book value INR121.79
Market capitalisation INR1.2 trillion

TTM: trailing 12 months

Indian Oil Corporation's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Indian Oil Corporation.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Indian Oil Corporation's total ESG risk score

Total ESG risk: 36.8

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Indian Oil Corporation's overall score of 36.8 (as at 12/31/2018) is pretty weak – landing it in it in the 76th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Indian Oil Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Indian Oil Corporation's environmental score

Environmental score: 23.2/100

Indian Oil Corporation's environmental score of 23.2 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Indian Oil Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Indian Oil Corporation's social score

Social score: 14.03/100

Indian Oil Corporation's social score of 14.03 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Indian Oil Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Indian Oil Corporation's governance score

Governance score: 9.57/100

Indian Oil Corporation's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that Indian Oil Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Indian Oil Corporation's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Indian Oil Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Indian Oil Corporation has, for the most part, managed to keep its nose clean.

Indian Oil Corporation share dividends

2%

Dividend payout ratio: 1.85% of net profits

Recently Indian Oil Corporation has paid out, on average, around 1.85% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.18% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Indian Oil Corporation shareholders could enjoy a 9.18% return on their shares, in the form of dividend payments. In Indian Oil Corporation's case, that would currently equate to about INR12 per share.

While Indian Oil Corporation's payout ratio might seem low, this can signify that Indian Oil Corporation is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 4 August 2021 (the "ex-dividend date").

Have Indian Oil Corporation's shares ever split?

Indian Oil Corporation's shares were split on a 2:1 basis on 14 March 2018. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Indian Oil Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Indian Oil Corporation shares which in turn could have impacted Indian Oil Corporation's share price.

Indian Oil Corporation share price volatility

Over the last 12 months, Indian Oil Corporation's shares have ranged in value from as little as INR67.5059 up to INR140. A popular way to gauge a stock's volatility is its "beta".

IOC.NSE volatility(beta: 0.83)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NSE average) beta is 1, while Indian Oil Corporation's is 0.8277. This would suggest that Indian Oil Corporation's shares are less volatile than average (for this exchange).

Indian Oil Corporation overview

Indian Oil Corporation Limited, together with its subsidiaries, engages in the refining, pipeline transportation, and marketing of petroleum products in India. It is also involved in the exploration and production of crude oil and gas; and marketing of natural gas and petrochemicals. The company's products include petrol/gasoline, diesel/gas oil, lubricants and greases, auto gas, cooking gas, kerosene, LPG, bulk/industrial fuels, aviation fuel, marine oils, and bitumen. In addition, it offers special products, such as carbon black feedstock, raw petroleum coke, sulphur, paraffin wax, raw petroleum coke, jute batching oil, micro crystalline wax, mineral turpentine oil, toluene, propylene, benzene, and petcoke. The company operates through a network of approximately 9 refineries; 15,000 kilometers of crude/product and gas pipelines; approximately 29,000 fuel stations, including 8,515 Kisan Seva Kendra outlets; 118 terminals and depots; 95 LPG bottling plants; 121 aviation fuel stations; 6,885 consumer pumps; and approximately 12,726 LPG distributors. Its exploration and production portfolio comprises 9 oil and gas blocks in India; and 11 blocks in Canada, Gabon, Israel, Libya, Nigeria, Oman, Russia, the United Arab Emirates, the United States, and Venezuela. Further, it engages in the explosives and cryogenic; wind and solar power generation; lube blending; and lubricants and base oil marketing activities.

Frequently asked questions

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