Indian Oil Corp. shares gain 0.55% as Sensex falls

economictimes.indiatimes.com:

Indian Oil Corporation Ltd. traded 0.55 per cent up at Rs 162.85 at 10:55AM (IST) on Thursday, even as BSE benchmark Sensex dropped 114.83 points to 72872.2. The scrip had settled at Rs 161.95 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 196.8 and Rs 84.8, respectively.

As per BSE data, total traded volume on the counter till 10:55AM (IST) stood at 10:55AM shares with turnover at Rs 12.97 crore.
At the prevailing price, shares of the company trades at 5.13 times its trailing 12-month earnings per share of Rs 29.55 per share and 1.26 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.4.
Shareholding Details Promoters held 51.5 per cent stake in the company as of 31-Mar-2024, while FIIs owned 8.49 per cent and DIIs 10.23 per cent.