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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
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Indian Oil board approves capex for expansion projects Back
(01 Dec 2023)
The Board of Indian Oil Corporation at its meeting held on 01 December 2023 has approved the following:

1) Procurement and installation of 4,000 Fast Electric Vehicle Chargers at an estimated capital investment of Rs. 919.78 crore.

2) Revision in cost of the project for capacity expansion of Panipat Refinery (from 15 to 25 MMTPA) from Rs. 32,946 crore to Rs. 36,225 crore and revision in completion schedule of the project from September 2024 to December 2025.