Share price of Indian Oil Corp. jumps as Sensex gains 489.73 points

Share price of Indian Oil Corporation Ltd. gained 1.82 per cent to Rs 136.9 at 10:36AM (IST) in Monday's trade. The counter hit a high of Rs 139.0 and low of Rs 136.0 so far during the session. The stock had closed at Rs 134.45 in the previous session.

The counter had a total traded volume of 10:36AM shares so far with a turnover of Rs 7.17 crore on BSE. The stock traded at a price-to-earnings multiple of 5.06 and a price-to-book ratio of 0.75.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The 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.

Promotor/FII Holding
Promoters held 51.5 per cent stake in the company as of 30-Sep-2021, while FIIs and domestic institutional investors ownership stood at 7.21 per cent and 4.57 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 157018.41 crore for the quarter ended 30-Jun-2021, up 30.35 per cent from the previous quarter's Rs 120460.02 crore and up 156.57 per cent from the year-ago quarter's Rs 61198.3 crore.

Its profit for the latest quarter stood at Rs 6109.69 crore, up 159.96 per cent from the same quarter a year ago.