IOC says Paradip plant to achieve full capacity by year-end

14 Feb 2015

1

The state-owned Indian Oil Corp Ltd (IOC), the country's biggest refiner, plans to run its Paradip refinery at full capacity by end of this year, a senior company executive said on Friday.

Crude processing at the 300,000-barrel-per-day (bpd) east coast refinery will begin in two months, Indian Oil's head of refinery Sanjiv Singh told reporters after the company announced its December-quarter results.

On Friday, IOC closed at Rs310.60, down Rs4.8, or 1.52 per cent. The 52-week high of the share was Rs410.90 and the 52-week low was Rs233.50.

The company's trailing 12-month (TTM) EPS was at Rs34.50 per share as per the quarter ended December 2014. The stock's price-to-earnings (P/E) ratio was 9. The latest book value of the company is Rs 271.80 per share. At current value, the price-to-book value of the company is 1.14.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers