The block deal constituted 0.02% of the company's equity.Meanwhile, the BSE Sensex was down 196.87 points, or 1.98%, to 9,731.48.On BSE, 3.57 lakh shares were traded in the counter. The stock had an average daily volume of 1.13 lakh shares in the past one quarter.The stock hit a high of Rs 417 and a low of Rs 407 so far during the day. The stock hit a 52-week high of Rs 809.90 on 31 December 2007 and a 52-week low of Rs 299 on 27 October 2008.
The large-cap stock had underperformed the market over the past one month till 22 December 2008, rising 6.76% as compared to the Sensex's return of 11.36%. It had outperformed the market in the past one quarter, gaining 5.94% as compared to the Sensex's decline of 29.06%.The company's current equity is Rs 1192.37 crore. Face value per share is Rs 10.
India Oil Corporation (IOC) reported a net loss of Rs 7047.13 crore in Q2 September 2008 as compared to net profit of Rs 3817.75 crore in Q2 September 2007. Net sales rose 53.6% to Rs 86261.15 crore in Q2 September 2008 over Q2 September 2007.IOC manufactures and markets petroleum products, crude oil, lubricants and grease, oil base and additives and other petroleum related products.
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