Strategic Surge: Indian Oil Corporation’s Ascension Unfolds in Today’s Trading Realm
Indian Oil Corporation (IOC) witnessed a remarkable surge today, 26 Dec 2023, with a noteworthy 2.51% uptick in its stock price, concluding the session at ₹123.7 per share. Presently, the stock is actively trading at ₹126.8 per share. Vigilant investors are advised to closely observe the trajectory of IOC’s stock price over the next days and weeks, keenly gauging its responses to emerging market dynamics.
Indian Oil Corporation’s Financial Landscape Today
On the recent trading day, IOC commenced at ₹124.6 and concluded at ₹124.15. Throughout the day, it oscillated between the high of ₹125 and the low of ₹122.05. IOC’s market capitalization stands impressively at ₹170,354.21 crore. The 52-week spectrum reflects a high of ₹126.8 and a low of ₹72.35. The BSE volume for IOC recorded a substantial 1,151,248 shares.
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Insights from Analysts
Analyst Ratings (Current, 1 Week Ago, 1 Month Ago, 3 Months Ago)
- Strong Buy: 7, 7, 7, 6
- Buy: 10, 10, 9, 9
- Hold: 10, 10, 10, 11
- Sell: 1, 1, 2, 2
- Strong Sell: 1, 1, 1, 1
26 Dec 2023, 11:51:04 AM IST
Current Trading Dynamics
As of the latest data, Indian Oil Corporation is trading at ₹126.8, presenting a 2.51% increase from yesterday’s closing at ₹123.7. This statistical revelation, showcasing a net change of 3.1, underscores the positive momentum IOC is currently experiencing.
26 Dec 2023, 11:37:34 AM IST
Stock Peers Comparative Analysis
Name Latest Price Change % Change 52W High 52W Low Mkt. Cap Indian Oil Corporation 127.2 3.5 2.83 126.8 72.35 175174.25 Bharat Petroleum Corporation 455.35 8.95 2.0 482.05 314.1 98465.6 Gujarat Natural Resources 21.55 -0.22 -1.01 23.39 11.86 172.94
26 Dec 2023, 11:21:22 AM IST
Futures Outlook for Indian Oil Corporation
As of 26 Dec 2023, the December futures for Indian Oil Corporation opened at 124.45 compared to the previous close of 123.95. Notably, IOC’s spot price presently stands at 127.6, with bid and offer prices at 127.6 and 127.65, respectively. The offer and bid quantities are both recorded at 9750. The open interest for IOC is 82,290,000, solidifying its pivotal role in India’s energy sector.
26 Dec 2023, 11:15:02 AM IST
Price Range Revelations
The trading day witnessed Indian Oil Corporation’s stock fluctuating between a low of ₹123.55 and a high of ₹127.75, signifying the dynamic nature of its market performance.
26 Dec 2023, 11:08:50 AM IST
In-Depth Options Exploration
For active options at 26 Dec 10:41, notable call options included strikes at ₹110.0 (Expiry: 28 DEC 2023) and ₹110.0 (Expiry: 25 JAN 2024), sporting prices of ₹15.25 (+8.16%) and ₹17.15 (+11.36%), respectively. On the put side, focus was on ₹100.0 (Expiry: 28 DEC 2023) and ₹115.0 (Expiry: 28 DEC 2023), priced at ₹0.05 (-50.0%) each.
26 Dec 2023, 10:41:45 AM IST
Peer Analysis Revisited
Name Latest Price Change % Change 52W High 52W Low Mkt. Cap Indian Oil Corporation 125.3 1.6 1.29 126.8 72.35 172557.66 Bharat Petroleum Corporation 452.45 6.05 1.36 482.05 314.1 97838.5 Gujarat Natural Resources 21.9 0.13 0.6 23.39 11.86 175.75
26 Dec 2023, 10:30:33 AM IST
NSE Live Snapshot
As of 26 Dec 2023, Indian Oil Corporation is trading at ₹125.35, depicting a 1.33% increase from yesterday’s close at ₹123.7. The data showcases a positive shift in the stock, with a net change of 1.65, affirming its upward trajectory.
26 Dec 2023, 10:25:09 AM IST
Detailed Futures Overview
Indian Oil Corporation’s December futures, opening at 124.45 in contrast to the previous close of 123.95, suggest a resilient outlook. The spot price currently stands at
124.95, with bid and offer prices at 124.85 and 125.0, respectively. Both offer and bid quantities are substantial at 48750 and 29250. The open interest for IOC is a staggering 81,578,250.
26 Dec 2023, 10:16:06 AM IST
Price Spectrum Exploration
The Indian Oil Corporation stock demonstrated a price range of ₹123.55 to ₹125.40 on the current day.
26 Dec 2023, 10:15:01 AM IST
Live Updates Dashboard
Indian Oil Corporation’s latest market display boasts a trading price of ₹127.35, reflecting a 2.95% increase from yesterday’s closing at ₹123.7. The percent change stands at 2.95, with a net change of 3.65, underscoring the robust ascension of the stock.
26 Dec 2023, 10:00:42 AM IST
Options Dynamics Analysis
Active options at 26 Dec 10:41 unveiled call options at ₹110.0 (Expiry: 28 DEC 2023) and ₹110.0 (Expiry: 25 JAN 2024), showcasing prices of ₹15.25 (+8.16%) and ₹17.15 (+11.36%), respectively. On the put side, focus was on ₹100.0 (Expiry: 28 DEC 2023) and ₹115.0 (Expiry: 28 DEC 2023), priced at ₹0.05 (-50.0%) each.
26 Dec 2023, 09:45:57 AM IST
Price Update Dynamics
Indian Oil Corporation’s current stock price stands at ₹124.6, registering a 0.73% increase from yesterday’s closing at ₹123.7. This conveys a positive shift with a net change of 0.9, affirming the incremental uptrend in the stock price.
26 Dec 2023, 09:32:54 AM IST
In-Depth Price Analysis
Time Period Price Analysis 1 Week -0.08% 3 Months 24.48% 6 Months 38.52% YTD 61.7% 1 Year 64.71%
26 Dec 2023, 09:03:49 AM IST
Early Market Glimpse
Indian Oil Corporation commenced the day at ₹123.7, indicating a marginal decline of -0.36% from yesterday’s closing at ₹124.15. The net change is -0.45, reflecting the subdued initial market movements.
26 Dec 2023, 08:11:15 AM IST
Closing Reflection
On the preceding trading day, Indian Oil Corporation (IOC) achieved a BSE volume of 1,151,248 shares, sealing the day with a closing price of ₹124.15.
Indian Oil Corporation ,Share price, live update, Trading,
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