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Indian Oil Corporation Ltd slips for fifth straight session

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Capital Market
Last Updated : Aug 09 2018 | 1:50 PM IST

The stock is quoting at Rs 165.45, down 0.27% on the day as on 13:19 IST on the NSE. Indian Oil Corporation Ltd tumbled 19.35% in last one year as compared to a 16.8% rally in NIFTY and a 20.81% spurt in the Nifty Energy index.

Indian Oil Corporation Ltd dropped for a fifth straight session today. The stock is quoting at 165.45, down 0.27% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.17% on the day, quoting at 11469.95. The Sensex is at 38048.5, up 0.42%.Indian Oil Corporation Ltd has added around 6.57% in last one month.Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has increased around 12.51% in last one month and is currently quoting at 15483.8, down 0.09% on the day. The volume in the stock stood at 39.1 lakh shares today, compared to the daily average of 77.88 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 164.7, up 0.3% on the day. Indian Oil Corporation Ltd tumbled 19.35% in last one year as compared to a 16.8% rally in NIFTY and a 20.81% spurt in the Nifty Energy index.

The PE of the stock is 7.57 based on TTM earnings ending March 18.

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First Published: Aug 09 2018 | 1:35 PM IST

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