Indian Oil Q3 earnings preview: Here's what to expect
Updated : January 29, 2020 11:14 AM IST
Q2FY20 for IOC was quite weak impacted by shutdowns, high inventory losses and delayed monsoons that impacted demand for fuel.
IOC has been an underperformer in last 1 year with the stock price declining almost 17 percent.
Since the news of BPCL divestment and reports that IOC has been looking at bidding for BPCL, the stock has been quite volatile.