The reasons that have led to the increase in price of IOC’s stock can be attributed to several factors that have created conducive conditions for the growth of the company. For example, the prices of oil have been stable in the world market, the economy is reasonably good, the government’s policy is in favor of the company and also the investors are happy with the returns. https://theindiatribune.com/the-ioc-share-price-grows-stronger-over-the-ye/