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Hot Pursuit
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Indian Oil Corporation Ltd rises for third consecutive session
(13:05, 16 May 2019)

Indian Oil Corporation Ltd gained for a third straight session today. The stock is quoting at Rs 148, up 1.54% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.18% on the day, quoting at 11177.1. The Sensex is at 37142.27, up 0.07%. Indian Oil Corporation Ltd has slipped around 5.19% in last one month.

Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has slipped around 5.88% in last one month and is currently quoting at 15274.3, up 0.66% on the day. The volume in the stock stood at 51.95 lakh shares today, compared to the daily average of 106.69 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 147.65, up 1.1% on the day. Indian Oil Corporation Ltd is down 10.17% in last one year as compared to a 4.63% spurt in NIFTY and a 12.37% spurt in the Nifty Energy index.

The PE of the stock is 8.54 based on TTM earnings ending December 18.

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