TheScreener - Indian Oil Corp. Ltd. (IOC) INDIAN OIL CORP sees an upgrade to Slightly Positive due to a better fundamental star rating

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EUR 13.40 For Business Accounts Only

INDIAN OIL CORP sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of INDIAN OIL CORP (IN), a company active in the Exploration & Production industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date January 14, 2022, the closing price was INR 123.30 and its potential was estimated at INR 135.07.

15/01/2022 1 EN

Underlying

Indian Oil Corp. Ltd.

Indian Oil is engaged in the sale of imported crude oil; and exploration of petrochemicals, and oil and gas. Co.'s products include liquefied petroleum gas, natural gas, petrol/gasoline, diesel/gas oil, aviation turbine fuel/jet fuel, lubricants and greases, marine fuels and lubricants, kerosene, bulk/industrial fuels, bitumen, petrochemicals, and crude oil. Co. also provides other products, which comprise benzene, carbon black feed stock, food grade hexane, jute batching oil, micro crystalline wax, mineral turpentine oil, paraffin wax, propylene, raw petroleum coke, sulphur, and toluene.

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INE242A01010 National Stock Exchange of India India

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TheScreener

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INDIAN OIL CORP sees an upgrade to Slightly Positive due to a better fundamental star rating

Empowering Investors

Monthly LMI Update Independent Investment Research

MOSL: IOCL (Buy)-Better-than-expected margins drive beat

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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