Indian Oil Corporation Limited Share Price & Analysis
Fundamentals
Today's Price Action
Indian Oil Corporation Limited trades flat at ₹147.49 with volume matching the 20-day average at 53 lakh shares. Absent price movement and neutral volume indicate market indecision, reflecting limited near-term momentum.
Valuation Snapshot
Indian Oil Corporation Limited trades at a P/E of 5.76, but sector P/E is unavailable, limiting comparative insight. ROE of 6.51% reflects below-par capital efficiency, suggesting muted profitability relative to shareholder equity.
Key Levels to Watch
The current price stands ₹41.51 below the unchanged 52-week high and low of ₹189, indicating a stagnant price band for the past year. Indian Oil Corporation Limited shows no breakout signal, with resistance firmly in place at ₹189.
Trader Takeaway
Traders await a decisive move above ₹189 on strong volume to confirm upside momentum; until then, caution prevails.