Indian Oil Corporation (IOCL) was quoted at Rs 77.65 on the NSE, up 1.17%. For 2021, the stock fell 2.97%, the Nifty soared 5.53%, and the Nifty Auto Index soared 12.67%.

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On December 9, 2022, the IOCL rose for the third consecutive session. The stock was quoted at Rs 77.65, up 1.17% on the day. The benchmark NIFTY was down about 0.7% at 18,479.5. The Sensex was at 62,113.63, down 0.73%. Indian Oil Ltd gained around 11.57% on November 22. Meanwhile, the Nifty Auto Index, to which Indian Oil Ltd belongs, gained about 1.18% on November 22 and is now quoting at 26,643.2, down 0.92%. Volume on December 9 was 164.64 lakh shares, compared with the November 22 daily average of 148.31 lakh shares. The stock’s benchmark December futures contract rose 1.16%. The company’s shares fell 2.97% in 2021, while the Nifty surged 5.53% and the Nifty Auto index soared 12.67%.

As of September 2022, the stock has a PE of 11.27 based on TTM earnings.