Shares of Indian Oil Corporation Ltd. slipped 1.77% to Rs 88.69 in Monday’s trade as of 01:28PM (IST). It hit a high of Rs 91.39 and low of Rs 88.5 during the session. The stock quoted a 52-week high price of Rs 101.44 and a low of Rs 66.5. The return on equity for the stock stood at 7.0%. About 345,436 shares have changed hands on the counter so far. The stock’s beta value, which measures its volatility in relation to the broader market, stood at 1.4. The scrip has been an outperformer, up 31.49% in the past one year in comparison with a 13.0% gain in Sensex. On the technical charts, the 200-day moving average (DMA) of the stock stood at Rs 66.5 on October 23, while the 50-DMA was at Rs 91.32. If a stock trades well above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades well below 50-DMA and 200-DMA both, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way. Promoters held 51.5% stake in Indian Oil Corporation Ltd. as of 30-Sep-2023. Mutual funds and foreign institutional investors held 2.09% and 7.84% stake.