COMPANY NEWS


Indian Oil Corporation Ltd
BSE Code 530965 ISIN Demat INE242A01010 Book Value (₹) 125.39 NSE Symbol IOC Div & Yield % 7.55 Market Cap ( Cr.) 224,457.08 P/E * 5.66 EPS * 28.06 Face Value (₹) 10
* Profit to Earning Ratio
* Earning Per Share
Board of Indian Oil revises cost of Cauvery Basin Refinery and Petrochemicals project Back
(28 Mar 2024)
The board of Indian Oil at its meeting held on 28 March 2024 has accorded approval for the revision in cost of the Cauvery Basin Refinery and Petrochemicals (CBRPL) project from Rs. 29,361 crore to Rs. 33,023 crore. The board has also accorded approval for revision in capital structure of joint venture with 75% equity from IndianOil and 25% equity from Chennai Petroleum Corporation (CPCL) (subsidiary of the company).