Share price of Indian Oil Corp. falls as Nifty weakens

Share price of Indian Oil Corp. falls as Nifty weakens
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

A total of 220,112 shares changed hands on the counter till 11:57AM (IST).

Getty Images
India 10-year bond yield fell 0.41 per cent to 5.89 after trading in 5.87-5.91 range
Shares of Indian Oil Corporation Ltd. slipped 1.4 per cent to Rs 127.0 in Tuesday's trade as of 11:57AM (IST).

The stock hit a high price of Rs 129.0 and low of Rs 126.0 during the session.

The return on equity (ROE) for the stock stood at 19.34 per cent. Traded volume on the counter stood at 11:57AM shares and turnover at Rs 2.79 crore around that time.

The stock of Indian Oil Corporation Ltd. quoted a 52-week high and 52-week low prices of Rs 141.75 and Rs 86.7, respectively.

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

Promotor/FII Holding
Promoters held 51.5 per cent stake in the company as of 31-Mar-2022, while foreign investors held 16.77 per cent and domestic institutional investors had 2.91 per cent.

Key Financials
The company reported consolidated sales of Rs 166482.22 crore for the quarter ended 31-Dec-2021, down 3.57 per cent from previous quarter's Rs 172646.31 crore and down 61.75 per cent from the year-ago quarter's Rs 102928.47 crore.

Net profit after tax for the latest quarter stood at Rs 6143.08 crore, up 40.93 per cent from the same quarter a year ago.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by