Indian Oil Corporation Sees Surge in Trading Activity and Robust Performance Metrics

Indian Oil Corporation Ltd (IOC), a prominent player in the oil industry, has shown significant trading activity today, marking it as one of the most active equities by volume. The stock traded 17,540,268 shares, with a total traded value of approximately Rs 26,912.03 lakhs. Opening at Rs 152.02, IOC reached an intraday high of Rs 154.90, reflecting a 2.16% increase, while the day's low was Rs 151.81. The last traded price stands at Rs 153.05.
In terms of performance, IOC has outperformed its sector by 0.29% and has experienced consecutive gains over the last two days, accumulating a total return of 3.39% during this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Investor participation has also risen, with a delivery volume of 1.06 crore shares on July 4, which is a 73.09% increase compared to the 5-day average. Additionally, IOC boasts a high dividend yield of 4.62% at the current price, and its liquidity remains robust, accommodating trade sizes of Rs 3.72 crore based on 2% of the 5-day average traded value. Overall, Indian Oil Corporation Ltd continues to demonstrate solid performance metrics in the current market landscape.