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Indian Oil Corporation Ltd rises for third consecutive session

Capital Market 

Indian Oil Corporation Ltd is quoting at Rs 127.55, up 1.67% on the day as on 12:49 IST on the NSE. The stock is down 3.59% in last one year as compared to a 14.85% spurt in NIFTY and a 16.05% spurt in the Nifty Energy index.

Indian Oil Corporation Ltd gained for a third straight session today. The stock is quoting at Rs 127.55, up 1.67% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.62% on the day, quoting at 12332.55. The Sensex is at 41884.47, up 0.68%. Indian Oil Corporation Ltd has risen around 1.11% in last one month.

Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has risen around 0.73% in last one month and is currently quoting at 15940.15, up 0.94% on the day. The volume in the stock stood at 33.2 lakh shares today, compared to the daily average of 66.27 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 127.85, up 1.87% on the day. Indian Oil Corporation Ltd is down 3.59% in last one year as compared to a 14.85% spurt in NIFTY and a 16.05% spurt in the Nifty Energy index.

The PE of the stock is 8.64 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, January 13 2020. 13:05 IST
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