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Indian Oil Corporation Ltd spurts more than 3%

Capital Market 

Indian Oil Corporation Ltd is quoting at Rs 141.65, up 3.09% on the day as on 12:49 IST on the NSE. The stock is down 31.43% in last one year as compared to a 4.56% spurt in NIFTY and a 1.31% spurt in the Nifty Energy index.

Indian Oil Corporation Ltd is up for a third straight session in a row. The stock is quoting at Rs 141.65, up 3.09% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 10804.85. The Sensex is at 35966.19, up 0.1%. Indian Oil Corporation Ltd has dropped around 3.41% in last one month.

Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has dropped around 0.8% in last one month and is currently quoting at 13924.2, up 0.67% on the day. The volume in the stock stood at 249.77 lakh shares today, compared to the daily average of 168.24 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 134.8, down 1.21% on the day. Indian Oil Corporation Ltd is down 31.43% in last one year as compared to a 4.56% spurt in NIFTY and a 1.31% spurt in the Nifty Energy index.

The PE of the stock is 5.75 based on TTM earnings ending September 18.

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

First Published: Fri, December 14 2018. 13:05 IST
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