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Indian Overseas Bank rises for third straight session

11-Nov-26   13:05 Hrs IST

Indian Overseas Bank is up for a third straight session today. The stock is quoting at Rs 31.9, up 2.51% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.05% on the day, quoting at 25308.35. The Sensex is at 82089.59, up 1.21%. Indian Overseas Bank has gained around 5.45% in last one month.

Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has gained around 14.05% in last one month and is currently quoting at 8905.35, up 2.85% on the day. The volume in the stock stood at 109.98 lakh shares today, compared to the daily average of 36.98 lakh shares in last one month.

The PE of the stock is 9.29 based on TTM earnings ending September 26.

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