NEW DELHI: Shares of Indian Oil Corporation Ltd. traded 2.22 per cent down in Monday’s trade at 01:29PM (IST). Around 567,058 shares changed hands on the counter.
The stock opened at Rs 122.2 and touched an intraday high and low of Rs 122.2 and Rs 118.5, respectively, in the session so far. The stock of Indian Oil Corporation Ltd. quoted a 52-week high of Rs 141.75 and a 52-week low of Rs 86.7.
Total market cap of the Indian Oil Corporation Ltd. stood at Rs 111934.35 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 166482.22 crore for the quarter ended 31-Dec-2021, down 3.57 per cent from previous quarter’s Rs 172646.31 crore and down 61.75 per cent from the year-ago quarter’s Rs 102928.47 crore.
The net profit for latest quarter stood at Rs 6143.08 crore, up 40.93 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Dec-2021, domestic institutional investors held 3.38 per cent stake in the company, while foreign institutional investors held 16.43 per cent and the promoters 51.5 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 4.07 and a price-to-book ratio of 0.75. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Indian Oil Corporation Ltd. belongs to the Oil Refining & Marketing industry.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
