Indian Overseas Bank is up for a fifth straight session in a row. The stock is quoting at Rs 20.2, up 4.12% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.29% on the day, quoting at 17756.25. The Sensex is at 59387.21, down 0.37%. Indian Overseas Bank has risen around 15.76% in last one month.

Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has risen around 17.97% in last one month and is currently quoting at 2932.3, up 1.55% on the day. The volume in the stock stood at 45.57 lakh shares today, compared to the daily average of 28.86 lakh shares in last one month.

The PE of the stock is 24.25 based on TTM earnings ending December 21.