Indian Oil Corp Share Price: Indian Oil Corp. shares drop 0.54% as Sensex rises

Shares of . traded 0.54 per cent decrease in Monday’s session at 01:40PM (IST). The inventory opened at Rs 74.8 and has touched an intraday excessive and low of Rs 74.8 and Rs 73.35, respectively, through the session thus far.

The inventory quoted a 52-week excessive of Rs 94.5 and a 52-week low of 67.73. About 443,648 shares modified fingers on the counter thus far.

Benchmark Nifty50 was up 7.4 factors at 15759.45, whereas the BSE Sensex traded 75.5 factors larger at 52983.43 on the time of writing of this report.

Within the Nifty pack, 23 shares traded the day within the inexperienced, whereas 26 had been within the purple.

Key Financials

For the quarter ended 31-Mar-2022, the corporate reported consolidated gross sales of Rs 175872.72 crore, up 5.64 per cent from the earlier quarter’s Rs 166482.22 crore and up 46.0 per cent from the year-ago quarter. The corporate reported web revenue of Rs 6645.72 crore for the newest quarter.

Promoter Holdings

Promoters held 51.5 per cent stake within the firm as of 31-Mar-2022, whereas FIIs held 16.77 per cent and MFs 2.29 per cent.

Technicals

On the technical charts, the 200-Day Transferring Common (DMA) of the inventory stood at Rs 80.75 on July 04, whereas the 50-DMA was at Rs 77.95. If a inventory trades above 50-DMA and 200-DMA, it normally means the instant pattern is upward. Alternatively, if the inventory trades nicely beneath 50-DMA and 200-DMA each, it’s thought of as bearish pattern and if trades between these averages, then it suggests the inventory can go both manner.