The scrip quoted a 52-week low price of Rs 85.51 and a high of Rs 196.8.
Earlier, shares of the company saw a gap up opening in the morning.
A total of 407,316 lakh shares changed hands on the counter till 12:53PM (IST).
The stock of Indian Oil Corporation Ltd. commanded a market value of Rs 244579.85 crore, according to BSE. The stock traded at a price-to-earning (P/E) multiple of 7.94, while the price-to-book value ratio stood at 1.26. Return on equity (ROE) was at 22.75 per cent, according to exchange data. In the BSE500 pack, 282 stocks traded in the green, while 218 stocks were in the red. The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.4.
Promotor/FII Holding
Promoters held 51.5 per cent in Indian Oil Corporation Ltd. as of 30-Jun-2024 while foreign and domestic institutional investors owned 7.79 per cent and 2.38 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 155.69 on August 26, while the 50-DMA was at 170.4. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
