Indian Oil Corp Share Price: Indian Oil Corp. shares gain 0.24% as Sensex rises

Shares of Indian Oil Corporation Ltd. traded 0.24 per cent up at Rs 106.1 at 11:53AM (IST) on Wednesday, even as BSE benchmark Sensex gained 63.48 points to 56022.46. The stock had closed at Rs 105.85 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 117.85 and Rs 71.35, respectively.

As per BSE data, total traded volume on the counter till 11:53AM (IST) stood at 11:53AM shares with turnover at Rs 2.67 crore.

At the prevailing price, shares of the company trades at 3.91 times its trailing 12-month earnings per share of Rs 27.11 per share and 0.75 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.4.


Shareholding Details

Promoters held 51.5 per cent stake in the company as of 30-Jun-2021, while FIIs owned 6.7 per cent and DIIs 12.37 per cent.

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