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Indian Oil Corporation Ltd drops for fifth straight session

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Capital Market
Last Updated : Jul 12 2021 | 2:04 PM IST

Indian Oil Corporation Ltd is quoting at Rs 107.05, down 0.23% on the day as on 13:24 IST on the NSE. The stock jumped 22.48% in last one year as compared to a 45.22% rally in NIFTY and a 31.16% spurt in the Nifty Energy index.

Indian Oil Corporation Ltd fell for a fifth straight session today. The stock is quoting at Rs 107.05, down 0.23% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 15687.2. The Sensex is at 52350.9, down 0.07%.Indian Oil Corporation Ltd has eased around 6.71% in last one month.Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has eased around 6.91% in last one month and is currently quoting at 19501.2, down 0.22% on the day. The volume in the stock stood at 43.97 lakh shares today, compared to the daily average of 98.6 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 107.35, down 0.19% on the day. Indian Oil Corporation Ltd jumped 22.48% in last one year as compared to a 45.22% rally in NIFTY and a 31.16% spurt in the Nifty Energy index.

The PE of the stock is 4.63 based on TTM earnings ending March 21.

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First Published: Jul 12 2021 | 1:35 PM IST

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