IOC share price jumps 1.5% to 52-week high after 42 times jump in Q2 profit. Time to buy?

IOC share price: Shares of Maharatna public sector undertaking (PSU) Indian Oil Corporation (IOC) extended gains to Tuesday’s trading session following a robust performance for the quarter ended September 30.

IOC share price rose 1.5% to its 52-week high of ₹157.50 on the BSE in early trade today — a day after the company posted a massive 42 times surge in its Q2 bottomline.

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