Earlier in the day, the stock saw a gap up opening.
At the prevailing price, the stock traded at 17.61 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 416,963 shares changed hands on the counter till 12:04PM (IST). The stock commands a market value of Rs 87222.18 crore and is part of the Oil Refining & Marketing industry.
The scrip has been an underperformer , up 22.03 per cent in the past one year in comparison with a 45.96 per cent gain in Sensex.
During the day, the stock moved between Rs 93.1 and Rs 92.45.
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.