Indian Oil Corp. shares up 2.09% as Sensex falls
Indian Oil Corporation Ltd. gained 2.09 per cent to Rs 172.75 in Tuesday's session as of 10:25AM (IST) even as the equity benchmark Sensex traded 119.64 points lower at 73894.91.
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 76.76 on NSE. Around 402679 shares changed hands on the counter till 10:25AM (IST).
The stock opened at Rs 169.65 and has touched an intraday high and low of Rs 173.45 and Rs 169.3 during the session so far. The stock quoted a price-to-earnings (PE) ratio of 5.22, earnings per share (EPS) of Rs 33.19 and price to book value (PB) of 0.77, while the return on equity (ROE) stood at Rs 7.0.
Promoter/ FII Holding
The promoters held 51.5 per cent stake in the company as of April 02, while FII and MF ownerships stood at 8.84 per cent and 1.75 per cent, respectively.
Key Financials With a market capitalisation of Rs 244579.85 crore, the company operates in the Oil Refining & Marketing industry. For the quarter ended 31-Dec-2023, the company reported consolidated sales of Rs 201173.88 crore, up 11.92 per cent from the previous quarter?s Rs 179752.15 crore and up 2.95 per cent from the same quarter a year ago. The company reported net profit of Rs 9029.56 crore for the latest quarter, up 1067.77 per cent from the corresponding quarter last year.
Technical Indicators The relative strength index (RSI) of the stock stands at 55.58. The RSI oscillates between zero and 100. Traditionally, it is considered
