Indian Oil Corporation Ltd Surges with 9.4 Million Shares Traded Today

Indian Oil Corporation Ltd (IOC), a prominent player in the oil industry, has emerged as one of the most active equities by volume today. The stock recorded a total traded volume of 9,395,656 shares, with a total traded value of approximately Rs 15,907.79 lakhs. The stock opened at Rs 168.00 and reached a day high of Rs 170.15, marking a new 52-week high, while the day low was Rs 167.13. As of the latest update, the last traded price stands at Rs 169.60.
In terms of performance, IOC has outperformed its sector by 0.93% today, with a one-day return of 1.14%. The stock has shown consistent gains over the past five days, accumulating a total return of 9.88%. Notably, IOC is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

However, there has been a decline in investor participation, with delivery volume on November 3 falling by 9.19% compared to the five-day average. Despite this, the stock remains liquid, with a trade size of Rs 11.09 crores based on 2% of the five-day average traded value. Overall, Indian Oil Corporation continues to demonstrate robust performance metrics within the large-cap oil sector.