Indian Overseas Bank is up for a third straight session in a row. The stock is quoting at Rs 45.4, up 1.91% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.07% on the day, quoting at 21441.55. The Sensex is at 71412.78, down 0.1%. Indian Overseas Bank has added around 12.8% in last one month.

Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has added around 13.46% in last one month and is currently quoting at 5762.6, down 0.17% on the day. The volume in the stock stood at 381.67 lakh shares today, compared to the daily average of 206.33 lakh shares in last one month.

The PE of the stock is 36.24 based on TTM earnings ending September 23.