Indian Oil Corp. shares up 1.69% as Sensex falls
Indian Oil Corporation Ltd. gained 1.69 per cent to Rs 180.05 in Thursday's session as of 10:25AM (IST) even as the equity benchmark Sensex traded 3.61 points lower at 82349.03.
Earlier in the day, the stock witnessed a gap up 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 758982 shares changed hands on the counter till 10:25AM (IST).
The stock opened at Rs 178.9 and has touched an intraday high and low of Rs 180.9 and Rs 177.95 during the session so far. The counter quoted a price-to-earnings (PE) ratio of 8.26, earnings per share (EPS) of Rs 21.83 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 September 05, while FII and MF ownerships stood at 7.79 per cent and 2.38 per cent, respectively.
Key Financials With a market capitalisation of Rs 254676.53 crore, the company operates in the Oil Refining & Marketing industry. For the quarter ended 30-Jun-2024, the company reported consolidated sales of Rs 194377.56 crore, down 2.86 per cent from the previous quarter?s Rs 200103.28 crore and down 2.4 per cent from the same quarter a year ago. The company reported net profit of Rs 3528.49 crore for the latest quarter, down 75.56 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 62.6. The RSI oscillates between zero and 100. Traditionally, it is
