Indian Oil Corp. shares rise 2.23% as Sensex climbs

Indian Oil Corp. shares rise 2.23% as Sensex climbs
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A total of 455,335 shares changed hands on the counter till 10:20AM (IST)

Reuters
On an immediate basis, 15,770/52,500 and 15,850/52,700 levels would be major hurdles.
Shares of the Indian Oil Corporation Ltd. traded at Rs 114.75 on BSE at 10:20AM (IST) on Thursday, up 2.23 per cent from previous close.

The stock quoted a 52-week low price of Rs 86.7 and a high of Rs 141.75.

Earlier, the stock saw a gap up opening in the morning.

A total of 455,335 lakh shares changed hands on the counter till 10:20AM (IST).

The stock of Indian Oil Corporation Ltd. commands a market value of Rs 108121.62 crore.

The stock traded at a price-to-earning (P/E) multiple of 3.93, while the price-to-book value ratio stood at 0.75. Return on equity (ROE) was at 19.34 per cent, according to exchange data.

In the BSE500 pack, 395 stocks traded in the green, while 105 stocks were in the red.

Promotor Holding
Promoters held 51.5 per cent in the Indian Oil Corporation Ltd. as of 31-Dec-2021 while foreign portfolio investors and domestic institutional investors owned 16.43 per cent and 4.02 per cent, respectively.

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