IOC gains and then trades flat!
Wed, Mar 22, 2023 11:40 AM

IOC gains and then trades flat!

A Flip by Shubhangi Gupta
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On March 22, Indian Oil Corporation cut off early gains after announcing plans to create a petrochemical complex in Paradip, Odisha, with an estimated cost of Rs 61,077 crore. This project will enhance the Petrochemical Intensity Index of the firm and reduce the risk associated with its reliance on fossil fuels. At 10:35 am, the stock was trading at an increase of 0.5%, but is now flat.

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