Indian Overseas Bank dropped for a fifth straight session today. The stock is quoting at Rs 27.1, down 5.24% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.88% on the day, quoting at 17556.4. The Sensex is at 59263.69, down 1.56%.Indian Overseas Bank has eased around 15.71% in last one month.Meanwhile, Nifty Pharma index of which Indian Overseas Bank is a constituent, has eased around 9.49% in last one month and is currently quoting at 4040.3, down 5.37% on the day. The volume in the stock stood at 198.56 lakh shares today, compared to the daily average of 650.28 lakh shares in last one month.

The PE of the stock is 28.27 based on TTM earnings ending September 22.