Getty ImagesShares of . fell 4.9 per cent to Rs 118.3 in Wednesday's trade as of 02:09PM (IST) even as the benchmark Nifty ruled at 16270.40, up 11.1 points.
The scrip had closed at Rs 124.4 in the previous session. The stock quoted a 52-week low of Rs 101.9 and a high of Rs 141.75. The company quoted a market-cap of Rs 111934.35 crore on the BSE.
On BSE, 2,260,518 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 4.46 times its trailing 12-month EPS of Rs 26.66 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-Mar-2022, Indian Oil Corporation Ltd. reported consolidated sales of Rs 175872.72 crore, up 46.0 per cent from the same quarter a year ago. The company reported 26.38 per cent YoY de-growth in net profit at Rs 6645.72 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 124.4 in the previous session. The stock quoted a 52-week low of Rs 101.9 and a high of Rs 141.75. The company quoted a market-cap of Rs 111934.35 crore on the BSE.
On BSE, 2,260,518 shares have changed hands on the counter so far. At its prevailing price, the stock traded at 4.46 times its trailing 12-month EPS of Rs 26.66 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-Mar-2022, Indian Oil Corporation Ltd. reported consolidated sales of Rs 175872.72 crore, up 46.0 per cent from the same quarter a year ago. The company reported 26.38 per cent YoY de-growth in net profit at Rs 6645.72 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.
Pick the best companies to invest
BECOME AN ETPRIME MEMBER
now!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.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.
Pick the best stocks for yourself
Powered by