Getty ImagesShares of Indian Oil Corporation Ltd. fell 0.43 per cent to Rs 116.55 in Wednesday's trade as of 01:29PM (IST) even as the benchmark Nifty ruled at 16273.55, up 260.1 points.
The scrip had closed at Rs 117.05 in the previous session. The stock quoted a 52-week low of Rs 86.7 and a high of Rs 141.75. The company quoted a market-cap of Rs 109533.74 crore on the BSE.
On BSE, 703,737 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 3.99 times its trailing 12-month EPS of Rs 29.19 per share and 0.75 times its book value. The return on equity (ROE) stood at Rs 19.34.
Key Financials
For the quarter ended 31-Dec-2021, Indian Oil Corporation Ltd. reported consolidated sales of Rs 166482.22 crore, down 61.75 per cent from the same quarter a year ago. The company reported 40.93 per cent YoY growth in net profit at Rs 6143.08 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Wednesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
The scrip had closed at Rs 117.05 in the previous session. The stock quoted a 52-week low of Rs 86.7 and a high of Rs 141.75. The company quoted a market-cap of Rs 109533.74 crore on the BSE.
On BSE, 703,737 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 3.99 times its trailing 12-month EPS of Rs 29.19 per share and 0.75 times its book value. The return on equity (ROE) stood at Rs 19.34.
Key Financials
For the quarter ended 31-Dec-2021, Indian Oil Corporation Ltd. reported consolidated sales of Rs 166482.22 crore, down 61.75 per cent from the same quarter a year ago. The company reported 40.93 per cent YoY growth in net profit at Rs 6143.08 crore for the latest quarter.
Technical indicators
The relative strength index (RSI) of the stock stood at Wednesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
Analysts say the RSI indicator should not be seen in isolation, as it may not be sufficient to take a trading call, just the way a fundamental analyst cannot give a "buy" or "sell" recommendation using a single valuation ratio.
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