Indian Oil Corporation Shows Strong Stock Market Activity and Investor Interest

Indian Oil Corporation Ltd (IOC), a prominent player in the oil industry, has shown significant activity in the stock market today. The company recorded a total traded volume of 24,354,631 shares, with a total traded value of approximately Rs 37,379.49 lakhs. The stock opened at Rs 152.02 and reached a day high of Rs 154.90, while the day low was Rs 151.81. As of the latest update, the last traded price (LTP) stands at Rs 153.84.
In terms of performance, IOC has outperformed its sector by 0.77% today, marking a 0.68% return for the day. The stock has been on a positive trajectory, gaining for the last three consecutive days and accumulating a total return of 4.65% during this period. Notably, IOC is 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 surged, with a delivery volume of 1.19 crore shares on July 7, reflecting a 90.45% increase compared to the 5-day average delivery volume. The stock boasts a high dividend yield of 4.55% at the current price and maintains sufficient liquidity for trades sized at Rs 4.68 crore, based on 2% of the 5-day average traded value. Overall, Indian Oil Corporation continues to demonstrate robust performance metrics in the current market environment.