Indian Oil Corp Share Price: Indian Oil Corp. shares drop 0.19% as Sensex rises

Shares of Indian Oil Company Ltd. traded 0.19 per cent decrease in Friday’s session at 11:01AM (IST). The inventory opened at Rs 133.85 and has touched an intraday excessive and low of Rs 134.7 and Rs 132.85, respectively, through the session up to now.

The inventory quoted a 52-week excessive of Rs 141.75 and a 52-week low of 83.2. About 358,879 shares modified palms on the counter up to now.

Benchmark Nifty50 was up 57.65 factors at 17931.25, whereas the BSE Sensex traded 164.72 factors greater at 60084.41 on the time of writing of this report.

Within the Nifty pack, 34 shares traded the day within the inexperienced, whereas 16 have been within the purple.

Key Financials

For the quarter ended 30-Sep-2021, the corporate reported consolidated gross sales of Rs 172646.31 crore, up 9.95 per cent from the earlier quarter’s Rs 157018.41 crore and up 108.35 per cent from the year-ago quarter. The corporate reported internet revenue of Rs 6203.74 crore for the newest quarter.

Promoter Holdings

Promoters held 51.5 per cent stake within the firm as of 30-Sep-2021, whereas FIIs held 7.21 per cent and MFs 3.92 per cent.

Technicals

On the technical charts, the 200-Day Shifting Common (DMA) of the inventory stood at Rs 107.81 on November 12, whereas the 50-DMA was at Rs 125.49. If a inventory trades above 50-DMA and 200-DMA, it often means the instant pattern is upward. However, if the inventory trades effectively under 50-DMA and 200-DMA each, it’s thought-about as bearish pattern and if trades between these averages, then it suggests the inventory can go both manner.