Strong Momentum Drives Stock to New Heights
IOC’s stock has been on a steady ascent, gaining for four consecutive days and delivering a cumulative return of 5.43% during this period. The price surge to Rs.184.1 represents a notable advance from its 52-week low of Rs.110.75, highlighting a remarkable recovery and growth trajectory over the past year. The stock is currently trading above all key moving averages – 5-day, 20-day, 50-day, 100-day, and 200-day – signalling a sustained bullish trend and strong technical support.
Today’s performance was in line with the broader oil sector, which has been buoyed by favourable market conditions. The Sensex opened higher at 82,418.78 points, gaining 142.71 points (0.17%), and was trading near 82,375.26 points at the time of reporting, reflecting a modest 0.12% increase. Despite the Sensex remaining 4.59% below its own 52-week high of 86,159.02, IOC’s stock has outperformed the benchmark significantly over the last year.
Momentum just kicked in! This Small Cap from the Auto - Trucks sector entered our list with explosive short-term signals. Catch the wave while it's still building!
- - Fresh momentum detected
- - Explosive short-term signals
- - Early wave positioning
Robust Financial Performance Underpins Rally
Indian Oil Corporation Ltd’s recent price appreciation is supported by strong fundamental metrics. Over the past year, the stock has delivered a total return of 54.87%, substantially outperforming the Sensex’s 10.46% gain during the same period. This outperformance is underpinned by a remarkable 300.1% increase in profits over the last year, reflecting the company’s operational efficiency and market strength.
The company’s net sales have grown at an annual rate of 16.33%, while operating profit has expanded by 32.05%. Net profit growth has been particularly impressive, rising by 74.28%, with the latest quarterly results showing a profit before tax excluding other income (PBT less OI) of Rs.16,666.40 crores, a 133.9% increase compared to the previous four-quarter average. Quarterly profit after tax (PAT) stood at Rs.13,006.92 crores, up 113.7% over the same comparative period.
IOC’s operating profit to interest ratio reached a high of 10.89 times, indicating strong earnings relative to interest expenses. The company’s return on capital employed (ROCE) is 10.6%, reflecting efficient capital utilisation. Additionally, the enterprise value to capital employed ratio is a modest 1.2, suggesting an attractive valuation relative to its capital base.
At the current price, IOC offers a high dividend yield of 4.37%, providing income alongside capital appreciation. Institutional investors hold a significant 38.17% stake in the company, signalling confidence from entities with extensive analytical resources.
Market Position and Ratings
Indian Oil Corporation Ltd is a leading player in the oil industry and is ranked among the top 1% of companies rated by MarketsMojo across a universe of over 4,000 stocks. It holds a rank of 3 among large-cap companies and 6 across the entire market. The company’s Mojo Score stands at an impressive 87.0, with a recent upgrade from a Buy to a Strong Buy rating on 2 February 2026, reflecting improved fundamentals and market outlook.
Its market capitalisation grade is 1, indicating a mega-cap status, and the stock’s performance has consistently outpaced the BSE500 index over the last three years, one year, and three months, demonstrating sustained market-beating returns.
Indian Oil Corporation Ltd caught your attention? Explore our comprehensive research report with in-depth analysis of this large-cap Oil stock – fundamentals, valuations, financials, and technical outlook!
- - Comprehensive research report
- - In-depth large-cap analysis
- - Valuation assessment included
Sector and Market Context
The oil sector has been a key contributor to market gains, with mega-cap stocks leading the charge. IOC’s performance aligns with this trend, benefiting from favourable industry dynamics and strong demand fundamentals. The stock’s ability to trade above all major moving averages indicates broad-based buying interest and technical strength.
While the Sensex remains slightly below its 52-week peak, IOC’s stock has carved out its own new high, underscoring its relative strength within the broader market. This divergence highlights the company’s unique position and resilience amid varying market conditions.
Summary of Key Metrics
To summarise, Indian Oil Corporation Ltd’s stock has reached Rs.184.1, its highest level in 52 weeks, supported by:
- 54.87% return over the past year versus Sensex’s 10.46%
- Net sales growth at 16.33% annually
- Operating profit growth of 32.05%
- Net profit growth of 74.28%
- Quarterly PBT less OI at Rs.16,666.40 crores, up 133.9%
- Quarterly PAT at Rs.13,006.92 crores, up 113.7%
- Operating profit to interest ratio at 10.89 times
- ROCE of 10.6%
- High dividend yield of 4.37%
- Institutional holdings at 38.17%
- Mojo Score of 87.0 with a Strong Buy rating
This combination of strong financials, technical momentum, and market leadership has propelled IOC to this notable 52-week high milestone.
Only Rs. 9,999 - Get MojoOne for 1 Year + 3 Months FREE (60% Off) Start Today
