The oil major on Friday reported a 25.10 per cent year-on-year rise in December quarter net profit at Rs 9,423 crore, compared with Rs 7,533 crore reported for the year-ago quarter. The stock closed 3.74 per cent higher at Rs 200.95 apiece on NSE.India VIX rose 10 per cent to 15.39, signalling rising volatility in the market. India VIX is a volatility index based on the NIFTY Index Option prices. The company's net profit (attributable to shareholders) stood at Rs 2,109 crore in the year-ago period, as per Indian accounting norms (Ind AS). The stock eventually shut shop at Rs 321 apiece, down 2.33 per cent on BSE.

Source: Economic Times January 22, 2018 12:33 UTC