Market

Indian Oil Corp Share Worth: Share value of Indian Oil Corp. falls as Nifty weakens


Shares of Indian Oil Corporation Ltd. slipped 1.4 per cent to Rs 127.0 in Tuesday’s commerce as of 11:57AM (IST).

The inventory hit a excessive value of Rs 129.0 and low of Rs 126.0 through the session.

The return on fairness (ROE) for the inventory stood at 19.34 per cent. Traded quantity on the counter stood at 11:57AM shares and turnover at Rs 2.79 crore round that point.

The inventory of Indian Oil Corporation Ltd. quoted a 52-week excessive and 52-week low costs of Rs 141.75 and Rs 86.7, respectively.

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

Promotor/FII Holding

Promoters held 51.5 per cent stake within the firm as of 31-Mar-2022, whereas international buyers held 16.77 per cent and home institutional buyers had 2.91 per cent.

Key Financials

The firm reported consolidated gross sales of Rs 166482.22 crore for the quarter ended 31-Dec-2021, down 3.57 per cent from earlier quarter’s Rs 172646.31 crore and down 61.75 per cent from the year-ago quarter’s Rs 102928.47 crore.

Net revenue after tax for the most recent quarter stood at Rs 6143.08 crore, up 40.93 per cent from the identical quarter a 12 months in the past.



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