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Indian Oil Corporation Ltd gains for third straight session

Indian Oil Corporation Ltd is quoting at Rs 139.3, up 3.45% on the day as on 12:54 IST on the NSE. The stock is up 71.55% in last one year as compared to a 44.63% jump in NIFTY and a 53.47% jump in the Nifty Energy index.

November 08, 2021 1:05 IST | capital market

Indian Oil Corporation Ltd is up for a third straight session today. The stock is quoting at Rs 139.3, up 3.45% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.59% on the day, quoting at 18022.1. The Sensex is at 60372.11, up 0.51%. Indian Oil Corporation Ltd has gained around 5.89% in last one month.

Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has gained around 1.6% in last one month and is currently quoting at 23584.05, up 0.81% on the day. The volume in the stock stood at 141.37 lakh shares today, compared to the daily average of 112.8 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 135.1, up 4.04% on the day. Indian Oil Corporation Ltd is up 71.55% in last one year as compared to a 44.63% jump in NIFTY and a 53.47% jump in the Nifty Energy index.

The PE of the stock is 4.88 based on TTM earnings ending September 21.

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