Indian Oil Corpn’s shares fall after gaining 1% intraday

Shares of Indian Oil Corporation (IOC) spurted nearly 1 percent intraday on company’s announcement that it launches nation’s first electric vehicle charging station at a petrol pump in Nagpur. IOC shares were trading down by 0.05% at Rs. 395.80 at the mid-noon hours, on Wednesday.

The scrip touched an intraday high and a low of Rs. 399.10 and Rs. 392 respectively. In terms of equity volume, there were 1.81 lakh shares exchanged hands on the BSE. India's largest commercial enterprise, IOC, in collaboration with OLA, has launched the country’s first electric charging station at one of its petrol-diesel stations in Nagpur.