IOC Share Price Target: This PSU stock falls over 4% as profit slumps 98% - Buy, Sell or Hold?

IOC Share Price Target: The counter opened in red at Rs 140.85 on the BSE against the previous close of Rs 147.10. In slumped further to the level of Rs 140.70. This is a fall of 4.54 per cent from the previous close. 

IOC Share Price Target: The company posted a standalone net profit of Rs 180.01 crore in the July-September period -- the second quarter of the current 2024-25 fiscal year -- compared with a profit of Rs 12,967.32 crore a year back, according to a stock exchange filing by the company.

IOC Share Price Target: The shares fell over 4 per cent a day after the company announced the quarterly results. So is this the right time to buy the stock? Check brokerages view.

IOC Share Price Target: The brokerage has maintained a buy call but has cut the target to Rs 190 from Rs 205.

IOC Share Price Target:  The global brokerage has maintained hold and has cut the target to Rs 165 from Rs 180.

IOC Share Price Target: Morgan Stanley has maintained its overweight target of Rs 205.

IOC Share Price Target: CLSA has maintained an underperform on IOC with a target of Rs 120.

IOC Share Price Target: The counter has given a positive return of 63.29 per cent and a multibagger return of 107.38 per cent in two years.

IOC Share Price Target: The advice to invest in stocks here has been given by the brokerage house. These are not the views of Zee Business. Consult your advisor before investing.