Indian Oil Corporation Ltd.

NSE: IOC · Oil Gas & Consumable Fuels

₹133.32

as of 28 Sep 2026

AI verdict · 28 Sep 2026

Bearish 62% confidence

Bearish EMA stack, 27.62% drawdown from peak, and weak volume on downtrend outweigh positive operational news lacking earnings confirmation.

Strongest bull point

IOC demonstrates operational resilience (LPG +30%, refinery utilization >100%) with consistent dividend payouts and relative outperformance versus NIFTY, suggesting repricing of sector headwinds rather than deteriorating business quality.

Strongest bear point

Stock trapped in confirmed bearish downtrend (all EMAs stacked bearish, price 7.53% below 200-EMA, 27.62% from peak) with only 2.95% buffer above 52-week low and volume 21% below average, indicating weak conviction and capitulation risk.

Technical Forecast · next 10 trading days

Expected

₹133.89 +0.4%

Range

₹133.35 – ₹134.41

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Every call on IOC, misses included

Bearish 28 Sep 2026 → now Scores 28 Oct 2026

₹133.32 → ₹133.32 0.0%

Our accuracy

Every verdict and forecast here is dated and scored when it matures — right or wrong. The first scored results publish a month after launch.

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