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Indian Oil Corporation Ltd stays weak

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Capital Market

Indian Oil Corporation Ltd is quoting at Rs 94.45, down 0.68% on the day as on 13:19 IST on the NSE. The stock tumbled 15.52% in last one year as compared to a 27.14% rally in NIFTY and a 20.29% spurt in the Nifty Energy index.

Indian Oil Corporation Ltd is down for a fifth straight session today. The stock is quoting at Rs 94.45, down 0.68% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 1% on the day, quoting at 15315.6. The Sensex is at 52130.36, up 1.14%.Indian Oil Corporation Ltd has lost around 3.92% in last one month.Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has increased around 3.61% in last one month and is currently quoting at 17753.05, up 0.39% on the day. The volume in the stock stood at 97.27 lakh shares today, compared to the daily average of 341.09 lakh shares in last one month.

 

The benchmark February futures contract for the stock is quoting at Rs 94.7, down 0.84% on the day. Indian Oil Corporation Ltd tumbled 15.52% in last one year as compared to a 27.14% rally in NIFTY and a 20.29% spurt in the Nifty Energy index.

The PE of the stock is 4.67 based on TTM earnings ending December 20.

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First Published: Feb 15 2021 | 1:35 PM IST

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