29 Oct 2025 | 5 Mins Read
Indian Oil shares surge 4% to fresh all-time high
Flipitmoney
Indian Oil Corporation (IOC) shares jumped 4% to a 52-week high of Rs 160.60, driven by a consolidated net profit of Rs 7,817.55 crore in Q2 FY26, up 15% from Rs 6,813.71 crore, and higher refining margins and revenue, with an integrated margin of US$12.6 a barrel, a two-year high. Brokerage Morgan Stanley retained its target price of Rs 168, citing robust earnings visibility.