Indian Oil Corporation Ltd. fell 1.09 per cent to Rs 167.1 in Friday's trade as of 02:09PM (IST) even as the benchmark Nifty ruled at 22172.75, up 176.91 points.
The scrip had closed at Rs 168.95 in the previous session. The stock quoted a 52-week low of Rs 76.76 and a high of Rs 196.8. The company quoted a market-cap of Rs 235824.68 crore on the BSE.
On BSE, 1,919,684 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 5.03 times its trailing 12-month EPS of Rs 33.19 per share and 0.77 times its book value. The return on equity (ROE) stood at Rs 7.0.
Key Financials For the quarter ended 31-Dec-2023, Indian Oil Corporation Ltd. reported consolidated sales of Rs 201173.88 crore, up 2.95 per cent from the same quarter a year ago. The company reported 1067.77 per cent YoY growth in net profit at Rs 9029.56 crore for the latest quarter.
Technical indicators The relative strength index (RSI) of the stock stood at Friday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a «buy» or «sell» recommendation using a single valuation ratio.