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Indian Oil Corporation Ltd stays under stress

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Capital Market

Indian Oil Corporation Ltd is quoting at Rs 120.4, down 0.54% on the day as on 13:24 IST on the NSE. The stock jumped 24.77% in last one year as compared to a 16% rally in NIFTY and a 37.54% spurt in the Nifty Energy index.

Indian Oil Corporation Ltd is down for a fifth straight session today. The stock is quoting at Rs 120.4, down 0.54% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.78% on the day, quoting at 17600.5. The Sensex is at 58950.33, up 0.83%.Indian Oil Corporation Ltd has added around 1.52% in last one month.Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has increased around 2.83% in last one month and is currently quoting at 24514.35, up 0.69% on the day. The volume in the stock stood at 86.72 lakh shares today, compared to the daily average of 106.35 lakh shares in last one month.

 

The benchmark February futures contract for the stock is quoting at Rs 120.8, down 0.62% on the day. Indian Oil Corporation Ltd jumped 24.77% in last one year as compared to a 16% rally in NIFTY and a 37.54% spurt in the Nifty Energy index.

The PE of the stock is 4.23 based on TTM earnings ending December 21.

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First Published: Feb 10 2022 | 1:35 PM IST

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