Indian Overseas Bank fell for a fifth straight session today. The stock is quoting at Rs 23.65, down 4.06% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.53% on the day, quoting at 15668.45. The Sensex is at 52319.61, down 0.44%.Indian Overseas Bank has gained around 0.21% in last one month.Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has eased around 3.04% in last one month and is currently quoting at 2435.05, down 1.36% on the day. The volume in the stock stood at 123.09 lakh shares today, compared to the daily average of 312.73 lakh shares in last one month.
The PE of the stock is 56.02 based on TTM earnings ending March 21.