13 Jan 2026

Indian Oil Corporation Shares Edge Higher; Signs MoU with Maruti Suzuki to Boost Customer Convenience

Indian Oil Corporation (IOC) is currently trading at RS 157.75, up by 0.15 points or 0.10% from its previous close of RS 157.60 on the BSE.

The stock opened at RS 157.25 and recorded an intraday high of RS 158.25 and a low of RS 154.75. A total of 595,423 shares have exchanged hands so far.

The BSE Group ‘A’ stock with a face value of RS 10 has touched a 52-week high of RS 174.45 on 12-Nov-2025 and a 52-week low of RS 110.75 on 03-Mar-2025. Over the past week, the scrip traded between RS 168.80 and RS 154.75. The company now commands a market capitalisation of RS 222056.47 crore.

Shareholding data shows promoters holding 51.50%, while Institutions and Non-Institutions hold 37.70% and 10.80% respectively.

In a major development, IOC and Maruti Suzuki India have signed a Memorandum of Understanding (MoU) to enhance customer convenience. Under the partnership, Maruti Suzuki will establish authorised service facilities at select IndianOil fuel stations across the country. This initiative allows customers to avail scheduled maintenance and minor repairs at the same locations where they refuel, ensuring smoother and more efficient service access.

The collaboration leverages IndianOil’s vast nationwide fuel station network and adds strength to Maruti Suzuki’s existing 5,780+ service touchpoints, offering a ‘one-stop’ solution for car owners and enhancing overall customer experience.

Indian Oil Corporation remains India’s largest enterprise and the highest-ranked Indian firm on the Fortune Global 500 list, with operations spanning the entire hydrocarbon value chain including refining, marketing, pipelines, petrochemicals, gas marketing and E&P.