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    Indian Oil Corp. shares rise 1.26% as Sensex climbs

    Synopsis

    A total of 245,034 shares changed hands on the counter till 10:26AM (IST)

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    MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
    Shares of the Indian Oil Corporation Ltd. traded at Rs 79.42 on BSE at 10:26AM (IST) on Thursday, up 1.26 per cent from previous close.

    The stock quoted a 52-week low price of Rs 65.2 and a high of Rs 87.53.

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

    A total of 245,034 lakh shares changed hands on the counter till 10:26AM (IST).

    The stock of Indian Oil Corporation Ltd. commands a market value of Rs 112207.36 crore.

    The stock traded at a price-to-earning (P/E) multiple of 18.25, 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, 311 stocks traded in the green, while 190 stocks were in the red.

    Promotor Holding
    Promoters held 51.5 per cent in the Indian Oil Corporation Ltd. as of 31-Mar-2023 while foreign and domestic institutional investors owned 6.91 per cent and 11.91 per cent, respectively.
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