Indian Oil Shares Hit 52-Week High of ₹157.48 After Strong Q2 Earnings

Mumbai, October 28, 2025: Shares of Indian Oil Corporation Ltd (NSE: IOC, BSE:530965) had an upward rally, reaching a fresh 52-week high of ₹157.48 on Tuesday, buoyed by the company’s strong Q2FY26 performance and improving investor sentiment in the oil & gas sector.

Key Triggers Behind the Stock Rally

The shares of the company went on an upward rally due to various key factors. The first major contributor was the robust Q2FY26 performance. Indian Oil reported a net profit of ₹8,190.86 crore for the quarter ended September 2025, compared to a loss of ₹448.78 crore in the same period last year. Further, total income stood at ₹2,07,091.44 crore, up 3.9% on a YoY basis. The company also had strong refining margins and cost control. The total expenses declined to ₹1,96,699.02 crore during the quarter.

The company has also had a consistent dividend track record and growth outlook. It has maintained a healthy dividend payout history and continues to expand its footprint in renewable energy, biofuels, and hydrogen projects, aligning with India’s energy transition goals. To add to that, there is also positive sectoral momentum. Oil & gas stocks have seen renewed buying interest amid stabilising crude prices and rising domestic demand for petroleum products.

Key Market Information

As of October 28, 2025, 12:24 PM, the share price of Indian Oil Corporation Ltd was trading at ₹154.94, a minor low of 0.17% or 0.26 points. The company opened in green at ₹156.40 and touched an intraday high of ₹157.48. So far, the total traded volume stood at 158.21 lakhs and traded value ₹246.35 crore, while the total market capitalisation stood at ₹2,18,836.83 crore.

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