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Jan 05, 2013, 04.34 PM IST | Source: PTI

Major fire at IOC facility in Hazira near Surat

A major fire broken out today at storage tanks of Indian Oil Corporation's terminal at Hajira port here, fire brigade officials said.

Major fire at IOC facility in Hazira near Surat

A major fire broken out today at storage tanks of Indian Oil Corporation's terminal at Hajira port here, fire brigade officials said.

Fire brigade personnel from Surat and nearby cities were trying to bring the fire under control. Hazira facility of IOC has nine storage tanks, five of petrol and four of diesel. One of the tanks caught fire this afternoon, and it spread. There were no reports of any casualties as yet, while all the staff members have been shifted out.

The Hazira terminal includes a deep water multi-cargo port, situated 25 km from Surat. The blaze could be seen from afar, local sources said.

IOC stock price

On July 28, 2014, Indian Oil Corporation closed at Rs 322.75, down Rs 2.35, or 0.72 percent. The 52-week high of the share was Rs 385.35 and the 52-week low was Rs 186.20.


The company's trailing 12-month (TTM) EPS was at Rs 28.91 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 11.16. The latest book value of the company is Rs 280.66 per share. At current value, the price-to-book value of the company is 1.15.

READ MORE ON  Fire, Surat, IOC, Hajira port, diesel
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