Hot Pursuit     22-Nov-22
Indian Overseas Bank soars 1.07%, gains for fifth straight session
Indian Overseas Bank is quoting at Rs 23.7, up 1.07% on the day as on 12:44 IST on the NSE. The stock is up 19.7% in last one year as compared to a 4.06% spurt in NIFTY and a 42.64% spurt in the Nifty Pharma.

Indian Overseas Bank gained for a fifth straight session today. The stock is quoting at Rs 23.7, up 1.07% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.3% on the day, quoting at 18214. The Sensex is at 61334.87, up 0.31%. Indian Overseas Bank has risen around 31.3% in last one month.

Meanwhile, Nifty Pharma index of which Indian Overseas Bank is a constituent, has risen around 18.45% in last one month and is currently quoting at 3903.45, up 0.47% on the day. The volume in the stock stood at 408.45 lakh shares today, compared to the daily average of 168.04 lakh shares in last one month.

The PE of the stock is 23.22 based on TTM earnings ending September 22.

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