Indian Overseas Bank rose for a third straight session today. The stock is quoting at Rs 19.1, up 1.06% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.26% on the day, quoting at 18006.7. The Sensex is at 60373.63, down 0.39%. Indian Overseas Bank has added around 10.09% in last one month. Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has added around 17.84% in last one month and is currently quoting at 2861.6, up 1.34% on the day. The volume in the stock stood at 18.18 lakh shares today, compared to the daily average of 28 lakh shares in last one month. The PE of the stock is 23.63 based on TTM earnings ending December 21.
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