Page 33 - Ioc News Today

The sheikh, who turns 61 on the day after the Paris Games close in August, will be 74 when the latest punishment expires. Under IOC rules his membership ends at age 80. However, the Olympic Charter allows the annual meeting of IOC members to expel a colleague for betraying their oath.

Promoters held 51.5 per cent stake in the company as of 31-Mar-2024, while FII and DII ownership stood at 8.5 per cent and 2.34 per cent, respectively.

Indian Oil Corporation Ltd., incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 238578.32 Crore) operating in Gas & Petroleum sector.

Kotak said Q1FY25 will be dismal for Indian Oil Corporation driven by a cut in EBITDA estimates, increased debt estimates, and a miss on recent earnings.

Crude oil prices hitting a two-month low this week fuelled strong movement in stocks of domestic oil marketing companies (OMCs) which jumped over 8% on Thursday.

The marketing segment failed to compensate for the weak showing by the refining business, leading to muted Q4 results. And according to analysts at Kotak Institutional Equities, oil marketing companies are in for a dismal Q1FY25.

A total of 4,307,230 shares changed hands on the counter till time (IST).

IOC shares, which are up 105 per cent in the past one year, closed at Rs 168.95 on Tuesday, down 4.44 per cent. Nuvama’s target price suggests a 11 per cent downside from this level.

Sukla Mistry breaks glass ceiling; takes over as first woman director on IOC board : Rashtra News #Sukla #Mistry #breaks #glass #ceiling #takes #woman #director #IOC #board Mistry is also the first woman in IOC to hold the position of Executive Director & Refinery Head of a company unit. Sukla Mistry on Monday took over

A total of 1,565,566 shares changed hands on the counter till 11:51AM (IST).