IOB

Indian Overseas Bank Share Price

₹54.10 +0.92 (1.73%)

05 Nov, 2024 19:06

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Performance

  • Low
  • ₹52
  • High
  • ₹54
  • 52 Week Low
  • ₹39
  • 52 Week High
  • ₹84
  • Open Price₹53
  • Previous Close₹53
  • Volume6,780,832

Investment Returns

  • Over 1 Month -2.77%
  • Over 3 Month -17.09%
  • Over 6 Month -18.34%
  • Over 1 Year + 35.76%
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Indian Overseas Bank Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 34.5
  • PEG Ratio
  • 1.3
  • Market Cap Cr
  • 102,262
  • P/B Ratio
  • 4.1
  • Average True Range
  • 2.05
  • EPS
  • 1.4
  • Dividend Yield
  • 0
  • MACD Signal
  • -1.25
  • RSI
  • 48.64
  • MFI
  • 76.36

Indian Overseas Bank Financial

IndicatorSep 24Jun 24Mar 24Dec 23Sep 23
P/L After Tax from Ordinary Activities777.16632.81808.10722.58624.58
Net Profit/Loss For the Period777.16632.81808.10722.58624.58
IndicatorMar 24Mar 23
IndicatorMar 24Mar 23
IndicatorMar 24Mar 23
Total Share Capital18,902.4118,902.41
Total Assets352,033.62313,745.82
Indicator20242023
Return On Equity (%)10.528.30
Book Value/Share (INR)13.3413.36
IndicatorSep 24Jun 24Mar 24Dec 23Sep 23
P/L After Tax from Ordinary Activities779.62648.66810.42724.13627.18
Net Profit/Loss For the Period779.62648.66810.42724.13627.18
IndicatorMar 24Mar 23
IndicatorMar 24Mar 23
IndicatorMar 24Mar 23
Total Share Capital18,902.4118,902.41
Total Assets351,869.32313,449.90
Indicator20242023
Return On Equity (%)10.738.45
Book Value/Share (INR)13.1413.16

Indian Overseas Bank Technicals

EMA & SMA

Current Price
₹54.10
+ 0.92 (1.73%)
pointer
  • stock-down_img
  • Bullish Moving Average 6
  • stock-up_img
  • Bearish Moving Average 10
  • 20 Day
  • ₹53.96
  • 50 Day
  • ₹56.26
  • 100 Day
  • ₹58.36
  • 200 Day
  • ₹56.97

Resistance and Support

53.69 Pivot Speed
  • R3 56.91
  • R2 55.70
  • R1 54.90
  • S1 52.89
  • S2 51.68
  • S3 50.88

Is Indian Overseas Bank Worth Buying?

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Indian Overseas Bank (IOB) is a major public sector bank in India, offering a wide range of banking services including retail, corporate, and international banking. With a vast network of branches, it focuses on financial inclusion and digital banking. Indian Overseas Bank has an operating revenue of Rs. 32,632.70 Cr. on a trailing 12-month basis. An annual revenue growth of 26% is outstanding, Pre-tax margin of 12% is healthy, ROE of 10% is good. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 92 which is a GREAT score indicating consistency in earnings, a RS Rating of 25 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 127 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail. Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation. (+)

Indian Overseas Bank Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-17 Quarterly Results
2024-07-22 Quarterly Results
2024-05-09 Audited Results
2024-04-22 Others Inter alia, to consider : The Capital Raising Plan of the Bank for FY 2024-25 through Follow-on Public offer (FPO)/Rights issue/ Qualified Institutional Placement (QIP)/Preferential issue. alia consider the fixation of Price of per equity share to be issued to GOI on Preferential Basis for an amount aggregating Rs.4360crore.
2024-01-24 Quarterly Results

Indian Overseas Bank F&O

Indian Overseas Bank Shareholding Pattern

96.38%
0.07%
1.23%
0.04%
0%
1.93%
0.35%

About Indian Overseas Bank

Established in 1937, Indian Overseas Bank (IOB) is a leading public sector bank with a rich legacy of serving the Indian diaspora and domestic markets. They offer a comprehensive suite of banking products and financial services for individuals, small and medium enterprises (SMEs), and large corporations.

A Global Presence: IOB boasts a strong international presence with branches across Southeast Asia, the Middle East, and other regions. This global network facilitates trade finance, remittances, and caters to the banking needs of the Indian community abroad.

Financial Performance and Growth: IOB has witnessed significant growth in recent years, expanding its branch network and customer base. They are actively involved in promoting financial inclusion, offering tailored products and services for underbanked sections of the population. 

Key Strengths and Initiatives - IOB

●    Focus on Technology: IOB prioritizes continuous technology adoption to enhance customer experience. They offer a range of digital banking services, including mobile banking and online banking platforms.
●    Financial Inclusion: IOB actively participates in government initiatives promoting financial inclusion. They offer microloans, financial literacy programs, and simplified account opening processes to reach underserved communities.
●    Social Responsibility: IOB is committed to social responsibility, contributing to programs related to education, healthcare, and skill development in the regions they operate.

Looking Ahead: IOB strives to remain a dominant player in the Indian banking sector by:

●    Digital Transformation: Furthering their digital banking infrastructure to cater to the growing demand for online and mobile banking services.
    Product Diversification: Developing new and innovative financial products to meet the evolving needs of diverse customer segments.
●    Risk Management and Efficiency: Strengthening risk management practices and focusing on operational efficiency to ensure sustainable growth.
 

(+)
  • NSE Symbol
  • IOB
  • BSE Symbol
  • 532388
  • Managing Director & CEO
  • Mr. Ajay Kumar Srivastava
  • ISIN
  • INE565A01014

Indian Overseas Bank FAQs

Indian Overseas Bank share price is ₹54 As on 05 November, 2024 | 18:52

The Market Cap of Indian Overseas Bank is ₹102262.1 Cr As on 05 November, 2024 | 18:52

The P/E ratio of Indian Overseas Bank is 34.5 As on 05 November, 2024 | 18:52

The PB ratio of Indian Overseas Bank is 4.1 As on 05 November, 2024 | 18:52

Indian Overseas Bank shares are publicly traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). To buy the shares, you'll need a demat account with a brokerage firm that allows trading on the relevant exchange.

Indian Overseas Bank's current Return on Equity (ROE) is approximately 10.03%. Remember, ROE is a profitability measure and can fluctuate over time.

Several factors can influence Indian Overseas Bank's share price, including:
● Financial performance of the bank, including profitability and future prospects.
● Overall health of the Indian banking sector.
● Government policies and regulations impacting the banking industry.
● News and ratings related to Indian Overseas Bank, including analyst opinions and investor sentiment.

Q2FY23
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