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    Indian Oil Corp. shares drop 0.55% as Sensex falls

    Synopsis

    A total of 1,357,404 shares changed hands on the counter till 12:51PM (IST)

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    Shares of the Indian Oil Corporation Ltd. traded at Rs 88.84 on BSE at 12:51PM (IST) on Monday, down 0.55 per cent. The stock quoted a 52-week low price of Rs 65.2 and a high of Rs 93.7.

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

    At the prevailing price, the stock traded at 12.82 times its trailing 12-month EPS of Rs 6.93 per share and 0.77 times its book value, as per BSE data.

    A total of 1,357,404 shares changed hands on the counter till 12:51PM (IST). The stock commands a market value of Rs 125523.69 crore and is part of the Oil Refining & Marketing industry.

    The scrip has been an outperformer , up 22.83 per cent in the past one year in comparison with a 21.99 per cent gain in Sensex.

    During the day, the stock moved between Rs 89.98 and Rs 88.67.

    Promoter/FII Holding
    Promoters held 51.5 per cent in the company as of 31-Mar-2023. FII and MF ownership in Indian Oil Corporation Ltd. stood at 6.91 per cent and 2.25 per cent, respectively.
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