Shutterstock.comNEW DELHI: Shares of Indian Oil Corporation Ltd. traded 0.74 per cent up in Tuesday's trade at 11:33AM (IST). Around 143,841 shares changed hands on the counter.
The stock opened at Rs 78.02 and touched an intraday high and low of Rs 78.85 and Rs 78.02, respectively, in the session so far. The stock of Indian Oil Corporation Ltd. quoted a 52-week high of Rs 88.97 and a 52-week low of Rs 65.2.
Total market cap of the Indian Oil Corporation Ltd. stood at Rs 111204.75 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 233876.46 crore for the quarter ended 31-Dec-2022, up 0.03 per cent from previous quarter's Rs 233800.98 crore and up 40.48 per cent from the year-ago quarter's Rs 166482.22 crore.
The net profit for latest quarter stood at Rs 773.23 crore, down 87.41 per cent from the corresponding quarter last year.
As of 31-Mar-2023, DIIs held 2.25 per cent stake in the company, while foreign institutional investors held 6.91 per cent and the promoters 51.5 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 18.09 and a price-to-book ratio of 0.82. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
Indian Oil Corporation Ltd. belongs to the Oil Refining & Marketing industry.
The stock opened at Rs 78.02 and touched an intraday high and low of Rs 78.85 and Rs 78.02, respectively, in the session so far. The stock of Indian Oil Corporation Ltd. quoted a 52-week high of Rs 88.97 and a 52-week low of Rs 65.2.
Total market cap of the Indian Oil Corporation Ltd. stood at Rs 111204.75 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 233876.46 crore for the quarter ended 31-Dec-2022, up 0.03 per cent from previous quarter's Rs 233800.98 crore and up 40.48 per cent from the year-ago quarter's Rs 166482.22 crore.
The net profit for latest quarter stood at Rs 773.23 crore, down 87.41 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2023, DIIs held 2.25 per cent stake in the company, while foreign institutional investors held 6.91 per cent and the promoters 51.5 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 18.09 and a price-to-book ratio of 0.82. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. 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.
Indian Oil Corporation Ltd. belongs to the Oil Refining & Marketing industry.
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