Indian Oil Corp. rises 4.22% as Sensex climbs
Indian Oil Corporation Ltd. traded at Rs 115.95 on BSE at 10:15AM (IST) on Monday, up 4.22 per cent from previous close.
The scrip quoted a 52-week low price of Rs 72.35 and a high of Rs 116.15.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 816,101 lakh shares changed hands on the counter till 10:15AM (IST).
The stock of Indian Oil Corporation Ltd.
commanded a market value of Rs 162676.67 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 4.21, while the price-to-book value ratio stood at 0.77. Return on equity (ROE) was at 7.0 per cent, according to exchange data.
In the BSE500 pack, 382 stocks traded in the green, while 119 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.4.
Promotor/FII Holding Promoters held 51.5 per cent in Indian Oil Corporation Ltd.
as of 30-Sep-2023 while foreign portfolio investors and domestic institutional investors owned 7.84 per cent and 2.09 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 89.37 on December 04, while the 50-DMA was at 95.81. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
