Den Of Wealth:
Indian Oil Corpn: *Very low floating stock*

Name.               %

Govt.                58

ONGC.             14

Oil India             5

IBP Trust.          4

LIC.                     8

MF.                      2

FII                        6

*PUBLIC*.          3

Public holding just 3%

With deregulation of oil industry a permanent reality and IOC being a global giant, stock will maintain its upward journey and  _valuations can be at par with global giants_

Paradip Refinery: Has achieved throughput of 1 MN tonnes in Dec 16, 80% capacity. Perhaps Investors are not aware that this refinery *refines heaviest/ worst crude which will enhance IOC overall refining margins substantially*. Paradip Refinery is one of its kind in India. As a result, FY18 can be still better vs FY17