Indian Oil Corp. shares rise 1.18% as Sensex slides

Indian Oil Corp. shares rise 1.18% as Sensex slides
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A total of 361,334 shares changed hands on the counter till 10:25AM (IST)

Reuters
Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
Shares of the . traded at Rs 77.1 on BSE at 10:25AM (IST) on Friday, up 1.18 per cent from previous close.

The stock quoted a 52-week low price of Rs 65.2 and a high of Rs 90.67.

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

A total of 361,334 lakh shares changed hands on the counter till 10:25AM (IST).

The stock of Indian Oil Corporation Ltd. commands a market value of Rs 108874.75 crore.

The stock traded at a price-to-earning (P/E) multiple of 9.45, while the price-to-book value ratio stood at 0.82. Return on equity (ROE) was at 18.79 per cent, according to exchange data.

In the BSE500 pack, 285 stocks traded in the green, while 215 stocks were in the red.

Promotor Holding
Promoters held 51.5 per cent in the Indian Oil Corporation Ltd. as of 30-Sep-2022 while foreign portfolio investors and domestic institutional investors owned 16.59 per cent and 11.23 per cent, respectively.
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