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Indian Oil Corporation Ltd extends gains

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Capital Market
Last Updated : Nov 11 2020 | 1:31 PM IST

Indian Oil Corporation Ltd is quoting at Rs 84.6, up 0.42% on the day as on 12:49 IST on the NSE. The stock is down 36.79% in last one year as compared to a 6.76% jump in NIFTY and a 1.35% jump in the Nifty Energy.

Indian Oil Corporation Ltd gained for a fifth straight session today. The stock is quoting at Rs 84.6, up 0.42% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.08% on the day, quoting at 12641.05. The Sensex is at 43249.35, down 0.07%. Indian Oil Corporation Ltd has gained around 11.76% in last one month.

Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has gained around 6.73% in last one month and is currently quoting at 15713.05, up 0.22% on the day. The volume in the stock stood at 117.53 lakh shares today, compared to the daily average of 191.73 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 85, up 0.47% on the day. Indian Oil Corporation Ltd is down 36.79% in last one year as compared to a 6.76% jump in NIFTY and a 1.35% jump in the Nifty Energy index.

The PE of the stock is 4.77 based on TTM earnings ending September 20.

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First Published: Nov 11 2020 | 1:00 PM IST

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