What should investors do with IOC after Q4 results; buy, sell or hold? - Moneycontrol

The average gross refining margin (GRM) for the year FY22 stood at $11.25 per barrel (bbl) as against $5.64 per bbl a year ago.

Shares of Indian Oil Corporation Limited (IOC) slipped nearly 4 percent in the early trade on May 18, a day after company reported a 31.4 percent decline in its net profit in Q4FY22 to Rs 6,022. Whil… [+2261 chars]

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