Indian Oil Corporation Share Price Today on 27-11-2024: At 27 Nov 11:13 today, Indian Oil Corporation shares are trading at price ₹135.8, -0.88% down from the previous closing price. Sensex is trading at ₹80033.17, up by 0.04%. The stock has hit a high of ₹138.4 and a low of ₹135.6 during the day.
On the technical front, the stock is trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock will have support at 5 days SMA & face resistance at 10,20,50,100,300 days SMA
The SMA values for the stock are given below :
| Days | Simple Moving Average |
|---|---|
| 5 | 133.08 |
| 10 | 136.43 |
| 20 | 140.53 |
| 50 | 157.18 |
| 100 | 164.62 |
| 300 | 166.84 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹137.6, ₹138.4, & ₹139.1, whereas it has key support levels at ₹136.1, ₹135.4, & ₹134.6.
Till 11 AM today, the volume traded on NSE & BSE for Indian Oil Corporation was -19.09% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.
From a fundamental analysis perspective, the company has a ROE of 25.83% & ROA of 9.34% respectively.The current P/E of the stock is at 10.75 & P/B is at 1.04.
The median 1-year forecasted upside in this share is at 20.77% with a target price of ₹164.00.
The company has a 0.00% promoter holding, 2.98% MF holding, & 7.90% FII holding as per filings in the september quarter.
The MF holding has increased from 2.38% in june to 2.98% in the september quarter.
The FII holding has increased from 7.79% in june to 7.90% in the september quarter.
Indian Oil Corporation share price down -0.88% today to trade at ₹135.8 while its peers are mixed. Its peers such as Bharat Petroleum Corporation, Gujarat Natural Resources are falling today, but its peers are on the rise. Overall, benchmark indices Nifty & Sensex are up -0.01% & 0.04% each respectively.
