Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 16.94 times its trailing 12-month EPS of Rs 5.26 per share and 0.79 times its book value, as per BSE data.
A total of 311,279 shares changed hands on the counter till 12:20PM (IST). The stock commands a market value of Rs 83880.16 crore and is part of the Oil Refining & Marketing industry.
The scrip has been an underperformer , up 11.92 per cent in the past one year in comparison with a 79.53 per cent gain in Sensex.
During the day, the stock moved between Rs 89.5 and Rs 89.0.
Promoter/FII Holding
Promoters held 51.5 per cent in the company as of 31-Mar-2021. FII and MF ownership in Indian Oil Corporation Ltd. stood at 5.81 per cent and 4.66 per cent, respectively.