Indian Oil Corporation Ltd. gained 0.29 per cent to Rs 168.0 in Friday's session as of 11:06AM (IST) even as the equity benchmark Sensex traded 837.05 points higher at 80734.39.
Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 196.8 and a 52-week low of Rs 85.51 on NSE. Around 1559951 shares changed hands on the counter till 11:06AM (IST).
The stock opened at Rs 168.4 and has touched an intraday high and low of Rs 169.25 and Rs 167.3 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 5.7, earnings per share (EPS) of Rs 29.55 and price to book value (PB) of 1.26, while the return on equity (ROE) stood at Rs 22.75.
Promoter/ FII Holding
The promoters held 51.5 per cent stake in the company as of July 12, while FII and MF ownerships stood at 8.49 per cent and 2.34 per cent, respectively.
Key Financials With a market capitalisation of Rs 237942.87 crore, the company operates in the Oil Refining & Marketing industry. For the quarter ended 31-Mar-2024, the company reported consolidated sales of Rs 200103.28 crore, down 0.53 per cent from the previous quarter?s Rs 201173.88 crore and down 2.43 per cent from the same quarter a year ago. The company reported net profit of Rs 5148.87 crore for the latest quarter, down 49.96 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 49.4. The RSI oscillates between zero and 100. Traditionally, it is