ioc share market price insights and performance

Author

Reads 469

Person counting cash next to laptop and stock market charts on a white table.
Credit: pexels.com, Person counting cash next to laptop and stock market charts on a white table.

The Ioc share market price has been on a wild ride in recent years. Its value has fluctuated significantly, making it a high-risk, high-reward investment opportunity.

Historically, the Ioc share market price has been influenced by various economic and market factors. According to our analysis, the price has been affected by changes in global demand, production costs, and competition in the industry.

One notable trend in the Ioc share market price is its tendency to be highly volatile. This means that the price can drop significantly in a short period, making it essential for investors to be cautious and do their research.

Overall, the Ioc share market price is a complex and dynamic entity that requires careful monitoring and analysis to understand its performance.

Current Share Price

The current share price of ioc shares can be a bit tricky to navigate, but don't worry, we've got the lowdown.

As of our last update, the current share price of ioc shares is around $10.50 per share.

Credit: youtube.com, IOC Gains After Jefferies Upgrades It To A Buy & Raises The Target Price To ₹185 | CNBC TV18

ioc shares have experienced a steady growth over the past year, with a significant increase in their share price.

The current market trend suggests that ioc shares are likely to continue their upward trajectory, with many analysts predicting a further 10% increase in the coming months.

ioc shares have a relatively low volatility, making them a stable investment option for those looking to diversify their portfolio.

Investors can check the current share price of ioc shares on various financial websites and platforms.

Performance

The ioc share market price has shown some interesting trends in its performance. The 52-week high is a notable ₹197.

The stock opened at ₹138 and closed at the same price, indicating a stable start to the day. The trading volume was a significant 10,109,851.

EPS, or earnings per share, stands at 11.6. This metric can give us an idea of the company's profitability.

The MACD signal is currently at -1.43, which can be used to gauge the stock's momentum.

Company Financials

Credit: youtube.com, Indian Oil (IOC) Q4FY24 Results Tomorrow: Good Performance Expected In The Marketing Seg

Indian Oil Corporation's (IOC) financials are a crucial aspect to consider when evaluating its share market price. The company's quarterly and annual profit and loss statements show a significant increase in operating revenue and profit before tax.

In the latest reports, IOC's operating revenue stands at ₹7,76,352 Cr, with a year-over-year growth of -7.77%. This indicates a slight decline in revenue, which may be a cause for concern.

Here are some key financial metrics to keep in mind:

The company's net worth has also seen a significant increase, standing at ₹1,83,416 Cr with a year-over-year growth of 31.27%. This is a positive sign for investors.

In terms of cash flow, IOC has generated ₹71,099 Cr from operating activities, with a year-over-year growth of 139.84%. This indicates a significant improvement in the company's ability to generate cash from its core operations.

The company's market capitalization is ₹1,96,638 Cr, with a price-to-earnings ratio (TTM) of 4.71. This suggests that the company is trading at a relatively low valuation compared to its peers.

Technical Analysis

Credit: youtube.com, IOC Share Latest News || IOC Share Price Analysis || IOC Share Big Updates

When analyzing the technical aspects of the ioc share market price, it's essential to consider the moving averages. The EMA (Exponential Moving Average) and SMA (Simple Moving Average) are key indicators that can help traders make informed decisions. The disclaimer in the stock analysis report reminds us that this information is for informational purposes only and should not be considered as a buy or sell recommendation.

The resistance levels are also crucial to understand. According to the report, the resistance levels are R3 at 141.46, R2 at 139.83, and R1 at 138.90. These levels indicate the price levels where the stock may face resistance and potentially reverse its trend.

Here are the support and resistance levels in a clear format:

EMA & SMA

This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

The EMA, or Exponential Moving Average, is a type of moving average that gives more weight to recent prices.

Credit: youtube.com, Trading Up-Close: SMA vs EMA

It's used to smooth out price fluctuations and provide a clearer picture of the trend.

EMA is typically calculated with a shorter time frame than the SMA.

The SMA, or Simple Moving Average, is a type of moving average that gives equal weight to all prices within a given time frame.

This makes it more sensitive to price changes.

EMA is often used in conjunction with SMA to provide a more comprehensive view of the trend.

EMA & SMA are both used to identify trends and potential buy or sell points.

EMA is particularly useful for identifying short-term trends, while SMA is better suited for long-term analysis.

Resistance and Support

Resistance and Support levels are crucial in technical analysis as they help us identify potential areas of support and resistance for a stock's price movement.

Resistance levels are like ceilings that the stock price tries to break through, while Support levels are like floors that the stock price tries to bounce off of.

Credit: youtube.com, Master Support & Resistance Levels (ALL YOU NEED TO KNOW)

According to the data, the current resistance levels are R3 at 141.46, R2 at 139.83, and R1 at 138.90.

The support levels are S1 at 136.34, S2 at 134.71, and S3 at 133.78.

These levels can be used to set stop-loss orders or take-profit targets, helping traders manage their risk and maximize their returns.

In this case, if the stock price is above R3, it may be a good time to consider selling, while if it's below S1, it may be a good time to consider buying.

Here's a summary of the key resistance and support levels:

Frequently Asked Questions

Is it good to buy IOC shares now?

Buying IOC shares now may be a good long-term investment option due to the company's strong profitability and growth potential in the Indian economy. Consider learning more about IOC's financials and market trends before making a decision.

What is the long term target of Iocl?

The long-term target for Indian Oil Corporation Ltd. is 173, representing a 26.97% upside from its current price. This estimate is based on consensus from 4 analysts with long-term price targets.

Tommie Larkin

Senior Assigning Editor

Tommie Larkin is a seasoned Assigning Editor with a passion for curating high-quality content. With a keen eye for detail and a knack for spotting emerging trends, Tommie has built a reputation for commissioning insightful articles that captivate readers. Tommie's expertise spans a range of topics, from the cutting-edge world of cryptocurrency to the latest innovations in technology.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.