The counter has had a total traded volume of 815130 shares so far with a value of Rs 13.7 crore on the NSE. It traded at a price-to-earnings multiple of 5.66 and a price-to-book ratio of 1.26.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 87.63 per cent during the past one year, while the 30-share index advanced 23.48 per cent during the same period. Indian Oil Corporation Ltd. belongs to the Oil Refining & Marketing industry. Promotor/FII Holding
Promoters held 51.5 per cent stake in the company as of 31-Mar-2024, while FIIs and domestic institutional investors ownership stood at 8.5 per cent and 2.34 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 200103.28 crore for the quarter ended 31-Mar-2024, down 0.53 per cent from the previous quarter’s Rs 201173.88 crore and down 2.43 per cent from the year-ago quarter’s Rs 205087.53 crore.
Profit for the latest quarter stood at Rs 5148.87 crore, down 49.96 per cent from the same quarter a year ago.
