Indian Oil Corp. shares drop 0.38% as Sensex falls

Shares of . traded 0.38 per cent down at Rs 65.55 at 01:14PM (IST) on Thursday, even as BSE benchmark Sensex dropped 161.49 points to 56436.79. The stock had closed at Rs 65.8 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 94.5 and Rs 65.5, respectively.

As per BSE data, total traded volume on the counter till 01:14PM (IST) stood at 01:14PM shares with turnover at Rs 19.06 crore.

At the current price, shares of the company trades at 3.3 times its trailing 12-month EPS of Rs 19.88 per share and 0.82 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

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

Shareholding Details
Promoters held 51.5 per cent stake in the company as of 30-Jun-2022, while FIIs owned 16.59 per cent and DIIs 3.1 per cent.