INDIAN OIL CORPORATION LIMITED (IOCL)

1. Earnings per Share (EPS): EPS is the portion of companys profit allocated to each outstanding share of common stock. EPS indicates companys profitability. EPS is the amount of reported income, as per share basis, that a firm has available to pay dividends to common stock holders or to reinvest in it-self. EPS: Net profit Number of outstanding shares EPS of last five (5) years given by IOCL: 2007-08: 29.20 2008-09: 12.15 2009-10: 42.10 2010-11: 30.67 2011-12: 16.29

EPS
45 40 35 30 25 20 15 10 5 0 EPS 2007-08 29.2 2008-09 12.15 2009-10 42.1 2010-11 30.67 2011-12 16.29

2. Price Earnings (PE) Ratio: It is a valuation ratio of a company's current share price compared to its per-share earnings. It tells how much people are willing to pay. In general, a high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. P/E Ratio: Market Value per Share Earnings per Share

P/E Ratio of last 5 years of IOCL: 2007-08: 445.55/29.20 =15.601 2008-09: 387.80/12.15 =31.917 2009-10: 295.75/42.10 =7.024 2010-11: 332.85/30.67 =10.852 2011-12: 262.70/16.29 =16.126

P/E Ratio
35 30 25 20 15 10 5 0 P/E Ratio 2007-08 15.601 2008-09 31.917 2009-10 7.024 2010-11 10.852 2011-12 16.126

3. Trends of last 5 years: Date Closing Price 31-march-2008 31-march-2009 31-march-2010 31-march-2011 30-march-2012 445.55 387.80 295.75 332.85 262.70

52 week low : Rs. 218.50 52 week high: Rs. 374.00

Closing Price
500 450 Stock Price 400 350 300 250 Closing Price

2007-08 445.55

2008-09 387.8

2009-10 295.75

2010-11 332.85

2011-12 262.7

4. Latest news of IOCL: a) Government proposes to sell 10% stake in Indian Oil: Government has proposed to off load 10 per cent stake in its leading crude oil refiner and fuel retailer, Indian Oil Corporation in order to cut short the budget deficit. According to the official, Federal cabinet's approval is awaited for the share sale. The government owns 78.92 per cent stake in Indian Oil and through the sale of 10 per cent stake it would raise up to Rs 55 billion at the current price. b) IOC ensures petroleum products availability in flood-affected regions of Uttarakhand, Himachal: State-owned, Indian Oil Corporation has ensured uninterrupted supply of petroleum products in the flood affected Uttarakhand State. IOC has also ensured fuel supply for the relief teams of the Indian Army, Indian Air Force, ITBP, Border Roads Organization and other organizations engaged in the rescue operations. c) Indian Oil Corp - Board recommends Dividend: Indian Oil Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 30, 2013, inter alia, has recommended dividend of Rs. 6.20 per equity share (face value : Rs. 10/- per equity share). d) Indian Oil Corp - Change in Directorate: Indian Oil Corporation Ltd has informed BSE that upon elevation as Secretary, Department of Social Justice and Empowerment, Ministry of Social Justice and Empowerment, Shri Sudhir Bhargava, Govt. Nominee Director has ceased to be a Director on the Board of Indian Oil with effect from May 09, 2013. e) Indian Oil standalone Q4 net up 14.5% at Rs 14,512 crores; beats estimates: State-run oil marketing company, Indian Oil Corporation Ltd. has posted 14.5 per cent growth in its net profit for the quarter ended March 31, 2013 at Rs 14,512.8 crores

HINDUSTAN PETROLEUM CORPORATION LIMITED (HPCL)

1. Earnings per Share (EPS) EPS: Net profit Number of outstanding shares EPS of last five (5) years given by IOCL: 2007-08: 33.51 2008-09: 16.98 2009-10: 38.43 2010-11: 45.45 2011-12: 26.92

EPS
50 45 40 35 30 25 20 15 10 5 0 EPS 2007-08 33.51 2008-09 16.98 2009-10 38.43 2010-11 45.45 2011-12 26.92

2. Price Earnings (PE) Ratio: P/E Ratio: Market Value per Share Earnings per Share P/E Ratio of last 5 years of IOCL: 2007-08: 256.40/33.51 =7.65 2008-09: 269.25/16.98 =15.85 2009-10: 318.55/38.43 =8.28 2010-11: 356.55/45.45 =7.84 2011-12: 303.60/26.92 =11.277

P/E Ratio
18 16 14 12 10 8 6 4 2 0 P/E Ratio 2007-08 7.65 2008-09 15.85 2009-10 8.25 2010-11 7.84 2011-12 11.277

3. Trends of last 5 years: Date Closing Price 31-march-2008 31-march-2009 31-march-2010 31-march-2011 30-march-2012 256.40 269.25 318.55 356.55 303.60

52 week low : Rs. 239.90 52 week high: Rs. 381.95

Closing Price
380 360 340 320 Stock Price 300 280 260 240 220 200 Closing Price 2007-08 256.4 2008-09 269.25 2009-10 318.55 2010-11 356.55 2011-12 303.6

4. Latest news of HPCL: a) Govt. soon likely to declare Rs 37,230 crores refinery in Rajasthan: The project, with annual capacity of 9 million tones, will be implemented as a joint venture between state-owned Hindustan Petroleum Corporation Ltd (HPCL) and the Ashok Gehlot-led government of Rajasthan. b) HPCL Q4 net up 66% at Rs 7679 crores: HPCL on Tuesday reported 66 per cent jump in net profit for the fourth quarter ended March 31, 2013, after the government paid compensation for selling fuel below cost during second half of 2012-13. c) Hindustan Petroleum - Board recommends Final Dividend: Hindustan Petroleum Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 28, 2013, inter alia, has recommended a Final Dividend of Rs. 8.50 per share.

BHARAT PETROLEUM CORPORATION LIMITED (BPCL)

1. Earnings per Share (EPS) EPS: Net profit Number of outstanding shares EPS of last five (5) years given by IOCL: 2007-08: 43.72 2008-09: 20.35 2009-10: 42.53 2010-11: 42.78 2011-12: 36.27

EPS
50 45 40 35 30 25 20 15 10 5 0 EPS 2007-08 43.72 2008-09 20.35 2009-10 42.53 2010-11 42.78 2011-12 36.27

2. Price Earnings (PE) Ratio: P/E Ratio: Market Value per Share Earnings per Share P/E Ratio of last 5 years of IOCL: 2007-08: 408.55/43.72 =9.344 2008-09: 376.05/20.35 =18.47 2009-10: 518.05/42.53 =12.18 2010-11: 611.85/42.78 =14.302 2011-12: 700.25/36.27 =19.306

P/E Ratio
25 20 15 10 5 0 P/E Ratio

2007-08 9.344

2008-09 18.47

2009-10 12.18

2010-11 14.302

2011-12 19.306

3. Trends of last 5 years: Date 31-march-2008 31-march-2009 31-march-2010 31-march-2011 30-march-2012 Closing Price 408.55 376.05 518.05 611.85 700.25

52 week low : Rs. 315.00 52 week high: Rs. 789.35

Closing Price
750 700 650 600 Stock Price 550 500 450 400 350 300 Closing Price 2007-08 408.55 2008-09 376.05 2009-10 518.05 2010-11 611.85 2011-12 700.25

4. Latest news of BPCL: a) BPCL to hike diesel price by Rs 0.50 per liter from July 1: RK Singh: State-run Bharat Petroleum Corporation Ltd (BPCL), Chairman and MD, RK Singh has told media that the company intends to raise diesel prices by 50 paise from, July 01, 2013. b) BPCL seeks July reformate cargo to sell naphtha: Oil and gas major, Bharat Petroleum Corporation Ltd (BPCL) is seeking a July reformate cargo, soon after buying a June gasoline cargo which is its first purchase this year to plug a supply gap caused by plant outages and demand. BPCL may import 10,000 tons of reformate for July 8-12 arrival at the Mumbai port via a tender closing on June 10 and offers valid until June 12, said the media report. Subsequently, traders are now hoping that the weak naphtha market will get a boost from the strong gasoline market as naphtha can be reformed into gasoline or be used as a gasoline blend stock. c) Bharat Petroleum - Board recommends Dividend: Bharat Petroleum Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 29, 2013, inter alia, have recommended Dividend @ Rs. 11/- per equity share of face value Rs. 10/- each for the year 2012-13.

ESSAR OIL LIMITED

1. Earnings per Share (EPS) EPS: Net profit Number of outstanding shares EPS of last five (5) years given by IOCL: 2007-08: -.35 2008-09: -4.27 2009-10: .25 2010-11: 4.79 2011-12: -9.30

EPS
6 4 2 0 -2 -4 -6 -8 -10 -12 EPS 2007-08 -0.35 2008-09 -4.27 2009-10 0.25 2010-11 4.79 2011-12 -9.3

2. Price Earnings (PE) Ratio: P/E Ratio: Market Value per Share Earnings per Share P/E Ratio of last 5 years of IOCL: 2007-08: 204.35/-0.35 =583.85 2008-09: 72.55/-4.27 =16.99 2009-10: 138.20/.25 =552.8 2010-11: 12.40/4.79 =25.97 2011-12: 53.65/-9.30 =5.76

P/E Ratio
700 600 500 400 300 200 100 0 P/E Ratio 2007-08 583.85 2008-09 16.99 2009-10 552.8 2010-11 25.97 2011-12 5.76

3. Trends of last 5 years: Date 31-march-2008 31-march-2009 31-march-2010 31-march-2011 30-march-2012 Closing Price 204.35 72.55 138.20 124.40 53.65

52 week low : Rs. 44.95 52 week high: Rs. 96.25

Closing Price
250 200 Stock Price 150 100 50 0 Closing Price

2007-08 204.35

2008-09 72.55

2009-10 138.2

2010-11 124.4

2011-12 53.65

4. Latest news of Essar Oil Ltd.: a) Essar Steel becomes approved vendor for Abu Dhabi gas industry: Global steel producer, Essar Oil, has become an approved vendor for supply of high grade pipes and plates to Abu Dhabi gas industries (Gasco). b) Essar Oil to double Vadinar refinery & rsquo;s capacity in 5 years: Media Reports: Essar Oil has voiced intentions to increase the capacity of its Gujarat-based Vadinar refinery from the existing 20 million tonne to 40 million tons per annum (mtpa) in the next 5 years, said the media reports. The companys expansion plans are expected to involve an investment of approximately Rs 350 billion along with an additional investment of over Rs 400 billion to set up an integrated petrochemical project. s