Hot Pursuit     07-May-24
Indian Overseas Bank drops for fifth straight session
Indian Overseas Bank is quoting at Rs 62.15, down 4.02% on the day as on 13:19 IST on the NSE. The stock jumped 50.48% in last one year as compared to a 21.88% rally in NIFTY and a 71.52% spurt in the Nifty PSU Bank index.

Indian Overseas Bank fell for a fifth straight session today. The stock is quoting at Rs 62.15, down 4.02% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.81% on the day, quoting at 22260.05. The Sensex is at 73429.98, down 0.63%.Indian Overseas Bank has eased around 4.6% in last one month.Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has eased around 2.53% in last one month and is currently quoting at 7252.85, down 2.68% on the day. The volume in the stock stood at 111.03 lakh shares today, compared to the daily average of 157.75 lakh shares in last one month.

The PE of the stock is 49.06 based on TTM earnings ending December 23.

Previous News
  Indian Overseas Bank spurts 1.87%, rises for third straight session
 ( Hot Pursuit - 01-Jul-25   13:05 )
  Indian Overseas Bank drops for fifth straight session
 ( Hot Pursuit - 16-Jun-25   13:35 )
  Indian Overseas Bank reduces external benchmark lending rate by 50 bps
 ( Corporate News - 11-Jun-25   18:59 )
  Indian Overseas Bank to convene AGM
 ( Corporate News - 07-Jun-25   12:39 )
  Indian Overseas Bank
 ( Results - Analysis 02-May-25   21:55 )
  Indian Overseas Bank consolidated net profit rises 34.74% in the March 2025 quarter
 ( Results - Announcements 02-May-25   14:45 )
  Indian Overseas Bank’s board to mull fund raising plan on 2nd May
 ( Hot Pursuit - 28-Apr-25   07:49 )
  Indian Overseas Bank schedules board meeting
 ( Corporate News - 25-Apr-25   11:01 )
  Market drift higher amid positive global cues; breadth strong
 ( Market Commentary - Mid-Session 20-Mar-25   09:33 )
  Stock Alert: Hyundai Motor India, Indian overseas Bank, NHPC, Can Fin Homes
 ( Market Commentary - Stock Alert 20-Mar-25   08:34 )
  Indian Overseas Bank schedules board meeting
 ( Corporate News - 07-Mar-25   14:56 )
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