IOC shares in focus as co to provide fueling services at Noida International Airport

Under a 30-year concession agreement, IOC will operate fuel stations at three key locations within the airport: near the main western access road for passengers, at the airside for airport operations, and close to the eastern cargo precinct, as reported by ET earlier.

IOC shares in focus as co to provide fueling services at Noida International Airport
Shares of state-owned Indian Oil Corporation (IOC) are expected to remain in focus today after the company announced that it will provide fueling services at Noida International Airport (NIA) in Jewar, Uttar Pradesh . Under a 30-year concession agreement, IOC will operate fuel stations at three locations within the airport premises- near the main western access road for passengers, at the airside for airport operations , and close to the eastern cargo precinct, as reported by ET earlier.

"Our collaboration with Indian Oil Corporation Ltd marks another milestone in NIA's journey to operational readiness.

By partnering with IOCL, we will ensure seamless and efficient fueling services at the airport," said Christoph Schnellmann, CEO, Noida International Airport.

This collaboration underscores our commitment to innovation, sustainability, and customer convenience, said Sumeet Munshi, Divisional Retail Sales Head, Noida Divisional Office, Indian Oil Corporation.

The airport is expected to be inaugurated early next fiscal, according to a statement released on Thursday.

Stock Trading Masterclass on Value Investing and Company Valuation View Program Stock Trading Market 104: Options Trading: Kickstart Your F&O Adventure By - Saketh R, Founder- QuickAlpha, Full Time Options Trader View Program Stock Trading Technical Analysis for Everyone - Technical Analysis Course By - Abhijit Paul, Technical Research Head, Fund Manager- ICICI Securities View Program Stock Trading Stock Markets Made Easy By - elearnmarkets, Financial Education by StockEdge View Program Stock Trading Renko Chart Patterns Made Easy By - Kaushik Akiwatkar, Derivative Trader and Investor View Program Stock Trading Market 101: An Insight into Trendlines and Momentum By - Rohit Srivastava, Founder- Indiacharts.

com View Program Stock Trading Markets 102: Mastering Sentiment Indicators for Swing and Positional Trading By - Rohit Srivastava, Founder- Indiacharts.

com View Program Stock Trading Dow Theory Made Easy By - Vishal Mehta, Independent Systematic Trader View Program Stock Trading Market 103: Mastering Trends with RMI and Techno-Funda Insights By - Rohit Srivastava, Founder- Indiacharts.

com View Program Stock Trading ROC Made Easy: Master Course for ROC Stock Indicator By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Heikin Ashi Trading Tactics: Master the Art of Trading By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Stock Trading RSI Made Easy: RSI Trading Course By - Souradeep Dey, Equity and Commodity Trader, Trainer View Program Stock Trading Introduction to Technical Analysis & Candlestick Theory By - Dinesh Nagpal, Full Time Trader, Ichimoku & Trading Psychology Expert View Program Also read: Zomato's dream run on D-Street may hit a bump or two In the last one year, the shares of IOC have surged by 5.7%. However, in the last 6 months and 3 months, the stock has declined by 18% and 23% respectively, according to the BSE Analytics.

On charts, the stock of IOC is placed above its short-term exponential moving average (10 DEMA), but below its medium and long-term EMAs (20, 50, 100, and 200 DEMA). Additionally, the stock is currently oscillating near the 47 mark on the relative strength indicator (RSI), according to the Trendlyne data.

IOC shares closed flat with a positive bias at Rs 137.90 on the BSE in the previous trading session.

( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The ) (You can now subscribe to our ETMarkets WhatsApp channel )

Related Fuel News

More updates you might want to read next.

Tata Motors Plans Rs 40,000 Crore FY31 Investment: Why Its EV And CNG Push Matters For Buyers

Tata Motors Passenger Vehicles is planning to invest Rs 37,500-40,000 crore over the next five years, up to FY31, as it targets a bigger production base, more models and annual sales of over 1.2 million units. ET also reported that the company wants revenue to cross Rs 6 lakh crore by FY31 with a 10 percent EBIT margin, with EVs and CNG models doing much of the heavy lifting. For buyers, the story is less about balance-sheet ambition and more about what kind of cars Tata wants to sell next.

Petrol, Diesel Rates May Ease As Cheaper Crude Arrives: What Hardeep Puri’s Signal Means For India

Union Petroleum Minister Hardeep Singh Puri says petrol and diesel rates in India may ease once recently bought cheaper crude reaches refiners, after global oil prices cooled and Brent slipped below $80 a barrel. The signal matters because India imports most of its crude, so any sustained fall can filter through to motorists, freight users and inflation. But the relief is unlikely to be immediate, because fuel prices depend on inventory cycles, logistics and how quickly oil companies pass on lower input costs.

Petrol, Diesel Rates May Ease As Cheaper Crude Arrives: What Hardeep Puri’s Signal Means For India

Union Petroleum Minister Hardeep Singh Puri says petrol and diesel rates in India may ease once recently bought cheaper crude reaches refiners, after global oil prices cooled and Brent slipped below $80 a barrel. The signal matters because India imports most of its crude, so any sustained fall can filter through to motorists, freight users and inflation. But the relief is unlikely to be immediate, because fuel prices depend on inventory cycles, logistics and how quickly oil companies pass on lower input costs.

Toyota Ebella Deliveries Begin In India: Why The ₹23.6 Lakh E3 Matters For EV Buyers

Toyota has started deliveries of the Urban Cruiser Ebella electric SUV in India, turning the model from launch headline into a real-world ownership story. The top-spec E3 is priced at Rs 23.60 lakh ex-showroom, while Toyota is also offering a Battery-as-a-Service route that lowers the entry price to Rs 15.25 lakh and charges Rs 4.99 per km for battery use. For EV buyers, this is the point where Toyota’s first mass-market electric SUV begins proving itself on the road.