Indian Oil Corporation Ltd spurts 0.52%, gains for five straight sessions | Capital Market News

Indian Oil Corporation Ltd spurts 0.52%, gains for five straight sessions | Capital Market News
Indian Oil Corporation Ltd spurts 0.52%, gains for five straight sessions | Capital Market News

Indian Oil Corporation Ltd is quoting at Rs 164.9, up 0.52% on the day as on 12:44 IST on the NSE. The stock is up 91.63% in the last one year as compared to a 23.61% gain in NIFTY and a 70.43% gain in the Nifty Energy.

Indian Oil Corporation Ltd rose for a fifth straight session today. The stock is quoting at Rs 164.9, up 0.52% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.16% on the day, quoting at 22502. The Sensex is at 74005.94, up 0.12%. Indian Oil Corporation Ltd has dropped around 1.05% in last one month.

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Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has dropped around 2.73% in the last one month and is currently quoting at 40302.5, up 0.32% on the day. The volume in the stock stood at 26.09 lakh shares today, compared to the daily average of 283.22 lakh shares in the last one month.

The benchmark May futures contract for the stock is quoting at Rs 164.65, up 0.24% on the day. Indian Oil Corporation Ltd is up 91.63% in the last one year as compared to a 23.61% gain in NIFTY and a 70.43% gain in the Nifty Energy index.

The PE of the stock is 5.85 based on TTM earnings ending March 24.

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