Shares of Indian Oil Corp. 0.87 percent as the Sensex

Shares of Indian Oil Corporation Ltd rose 0.87 percent at 11:31 am (IST) on Tuesday to Rs. 139.00. Earlier in the day, shares saw a gap up to open the session.

As per data available on BSE, over the counter till 11:31AM (IST) Rs. The total traded quantity over the counter was 420,278 shares with a turnover of Rs 5.82 crore. The stock traded at a price-to-earnings (P/E) multiple of 11.20, while the price-to-book value ratio was 1.26.

Return on equity (ROE) was 22.75 percent, according to exchange data. The stock during the session was Rs. 139.45 intra-day high and Rs. 137.35 touched a low of Rs. 196.80 to its 52-week high and Rs. It cited a 52-week low of 123.55.

The stock’s beta value, which measures its volatility relative to the broader market, stood at 1.4017.

Technical indicators

The stock’s 200-DMA (Day Moving Average) on December 24 was Rs. 162.87, while the 50-DMA was Rs. was 143.72. If a stock trades above the 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock trades below the 50-DMA and 200-DMA, it is considered to be in a bearish trend. If it trades between the 50-DMA and 200-DMA, it indicates that the stock can go either way.

No Relative Strength Index (RSI) was 45.95. RSI oscillates between zero and 100. Conventionally, a stock is considered overbought when the RSI value is above 70 and oversold when it is below 30.

Promoter Holding

As on 30-Sep-2024, the promoters held 51.5 per cent stake in the company, while foreign institutional investors held 7.9 per cent and domestic institutional investors 10.37 per cent.