Shares of Indian Oil Corp. rise as Nifty drops

Shares of Indian Oil Corporation Ltd. gained 3.03 per cent to Rs 102.05 in Tuesday’s trade as of 10:05AM (IST). It hit a high of Rs 103.0 and low of Rs 97.95 during the session.

The stock quoted a 52-week high price of Rs 105.0 and a low of Rs 71.15. The return on equity for the stock stood at -0.93 per cent. About 1,147,478 shares have changed hands on the counter so far.

The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.4.

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