Indian Oil Corp. share price up 2.46 per cent

Shares of Indian Oil Corporation Ltd. traded 2.46 per cent up at Rs 127.15 at around 11:57AM (IST) on Monday. The stock had closed at Rs 124.1 in the previous session. Equity benchmark Sensex traded 821.53 points higher at 58021.76 around the same time.


The scrip has climbed 36.28 per cent in the last one year till date, while the 30-share index has gained 20.02 per cent during the same period.

The stock's 52-week high price stood at Rs 141.75 and the 52-week low price at Rs 86.7.

Trading volume on the counter stood at 826,643 shares, while it quoted a price-to-earnings ratio of 4.66, an EPS value of 27.3 and a price-to-book value of 0.75. In the Nifty50 pack, 46 stocks traded in the green, while 4 stocks were in the red.

Promoter/FII Holding
Promoters held 51.5 per cent stake in the company as of 31-Dec-2021, while overseas investor and MF ownership stood at 16.43 per cent and 3.38 per cent, respectively.

Key Financials
For the quarter ended 30-Sep-2021, the company reported consolidated sales of Rs 172646.31 crore, up 9.95 per cent from the previous quarter's Rs 157018.41 crore and up 108.35 per cent from the year-ago quarter's Rs 82862.42 crore. The company reported net profit of Rs 6203.74 crore for the latest quarter.

Technical Indicators
The MACD signalled a bullish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect "buy" or "sell" opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.