Indian Oil Corp Stock Price: Indian Oil Corp. shares gain 1.32% as Sensex rises

Shares of Indian Oil Company Ltd. traded 1.32 per cent up at Rs 92.35 at 10:52AM (IST) on Wednesday, whilst BSE benchmark Sensex gained 287.11 factors to 49488.5. The scrip had settled at Rs 91.15 within the earlier session.

The inventory quoted a 52-week excessive and 52-week low of Rs 105.Zero and Rs 71.15, respectively.

As per BSE knowledge, whole traded quantity on the counter until 10:52AM (IST) stood at 10:52AM shares with turnover at Rs 3.Three crore.

On the present worth, the inventory trades at 17.56 occasions its trailing 12-month earnings per share of Rs 5.26 per share and 0.79 occasions its price-to-book worth, BSE knowledge confirmed.

A better P/E ratio reveals buyers are keen to pay a better share worth right now due to progress expectations sooner or later. Worth-to-book worth signifies the inherent worth of an organization and is the measure of the value that buyers are able to pay even for no progress within the enterprise.

The Beta worth of the inventory, which measures its volatility in relation to the broader market, stood at 1.4.

Shareholding Particulars

Promoters held 51.5 per cent stake within the firm as of 31-Dec-2020, whereas FIIs owned 5.83 per cent and DIIs 13.54 per cent.

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