Indian Overseas Bank Share analysis
Excluding Excise Duty and Other Income, represents Net Revenue
Indian Overseas Bank revenue growth forecast
Expected growth rate Q1, FY2023:0
Forecast
Actual
Including amortisation and stock based compensations
Indian Overseas Bank EPS growth forecast
EPS estimate Q1, FY2023:
Forecast
Actual
Source: S&P Global Market Intelligence
Indian Overseas Bank Performance
Day's Low
Day's High
₹57.32₹59.7552 Week's Low
52 Week's High
₹40.75₹83.75
| Returns % | |
| 1 Month Return | + 5.01 % |
| 3 Month Return | -0.31 % |
| 1 Year Return | + 35.69 % |
| Market Stats | |
| Previous Close | ₹57.87 |
| Open | ₹57.95 |
| Volume | 1.93Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,09,388.26Cr |
Indian Overseas Bank Key Statistics
| P/E Ratio | 37.1 |
| PEG Ratio | 115.93 |
| Market Cap | ₹1,09,388.26 Cr |
| P/B Ratio | 4.5 |
| EPS | 1.41 |
| Dividend Yield | 0 |
| Sector | Banks |
| ROE | 6.75 |
Indian Overseas Bank Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹1,09,388.26 Cr | 94.03% | NA | ₹2,665 Cr | ₹29,730 Cr | |
| NA | ₹91,976.05 Cr | 29.37% | NA | ₹5,788 Cr | ₹30,421 Cr | |
| NA | ₹59,409.16 Cr | 40.97% | NA | ₹1,671 Cr | ₹25,119 Cr | |
| NA | ₹52,189.81 Cr | 41.04% | NA | ₹2,667 Cr | ₹35,662 Cr | |
| NA | ₹44,864.84 Cr | 78.03% | NA | ₹4,071 Cr | ₹23,509 Cr |
Indian Overseas Bank Mutual Fund Holdings
About Indian Overseas Bank
IOB offers a wide range of banking services such as deposits, loans, credit cards, insurance, mutual funds, foreign exchange, and more. It is a full-service bank with a focus on retail and corporate banking services. Its core lines of business include retail banking, corporate banking, NRI banking, agri-business banking, and SME banking.
The bank's top products include savings accounts, current accounts, fixed deposits, recurring deposits, home loans, personal loans, car loans, gold loans, credit cards, and more. Popular IOB brands include IOB-Udaan, IOB-Wealth, IOB-Ease, IOB-Secure, and IOB-Gyan.
IOB has over 3,400 branches and 4,000 ATMs across India. It also has a presence in 19 countries, including the United States, the United Kingdom, Singapore, Hong Kong, and the United Arab Emirates.
Share Price: ₹57.86 per share as on 06 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,09,388.26Cr as of today
Revenue: ₹8,489.90Cr as on September 2024 (Q3 24)
Net Profit: ₹779.62Cr as on September 2024 (Q3 24)
Listing date: 07 Dec, 2000
| Organisation | Indian Overseas Bank |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for Indian Overseas Bank
Indian Overseas Bank Among Top Gainers in PSU Index - 04 Dec, 2024
On December 4, 2024, Indian Overseas Bank was one of the top gainers on the PSU Bank index, with shares rising by 6-7%. However, the stock's float is limited due to the government's 96.38% stake.IOB Shares Rise on Rating Upgrade and Tax Refund - 28 Nov, 2024
Indian Overseas Bank shares surged nearly 3% after ICRA upgraded its non-convertible securities rating to 'AA'. The bank also received a ₹1,238 crore tax refund, enhancing its financial outlook. Q2 results showed a 24% profit increase, improved asset quality, and positive market sentiment.Indian Overseas Bank Secures Major Tax Refund - 27 Nov, 2024
Indian Overseas Bank has received a tax refund order of ₹1,238.31 crore from the Income Tax Department for the assessment year 2019-20, boosting investor confidence.Indian Overseas Bank Secures Major Tax Refund - 26 Nov, 2024
Indian Overseas Bank has been awarded a tax refund of Rs 1,238 crore from the Income Tax Department, enhancing its financial position significantly.Indian Overseas Bank Shares Surge, Market Cap Rises - 25 Nov, 2024
Indian Overseas Bank's shares rose by 4.69% to Rs. 52.67, increasing its market capitalization by Rs. 4,459 crore to Rs. 99,559.01 crore. This recovery follows a recent 52-week low of Rs. 38.95.Indian Overseas Bank Shares Decline Amid Profit Booking - 21 Nov, 2024
Indian Overseas Bank shares fell 2.05% to Rs 50.08, resulting in a market cap loss of Rs 1,975 crore. The decline is attributed to profit-booking amid fluctuations in the public sector banking segment.Indian Overseas Bank Sees Stock Surge Amid Stake Sale Talks - 19 Nov, 2024
Indian Overseas Bank's stock rose 3.79%, boosting its market cap significantly. The government is also considering selling minority stakes to meet SEBI norms.Public Sector Banks Show Strong Growth in H1 FY 2024-25 - 12 Nov, 2024
Public sector banks, including Indian Overseas Bank, reported an 11% growth in aggregate business for H1 FY 2024-25, with gross credit and deposits rising significantly year-on-year.Indian Overseas Bank Launches Online Re-KYC Service - 05 Nov, 2024
Indian Overseas Bank has introduced an online Re-KYC service, allowing customers to update their KYC information conveniently via website, SMS, or email, enhancing accessibility and efficiency in banking.
Insights on Indian Overseas Bank
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 7 days, IOB stock has moved up by 7.5%
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 2.27% to 2.29% in Sep 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 7.58K Cr → 8.48K Cr (in ₹), with an average increase of 10.6% per quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, IOB has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 648.66 Cr → 779.62 Cr (in ₹), with an average increase of 16.8% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 96.38% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, State Bank of India has given 42.2% return, outperforming this stock by 6.5%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 0.05% to 0.03% in Sep 2024 quarter
Indian Overseas Bank Financials
Index Inclusions
Indian Overseas Bank Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 96.38% | 0.00 | |
| Foreign Institutions | 0.03% | ||
| Mutual Funds | 0.07% | ||
| Retail Investors | 2.29% | 0.90 | |
| Others | 1.23% | 0.03 |
Indian Overseas Bank Key Indicators
Indian Overseas Bank Valuation
Indian Overseas Bank in the last 5 years
Lowest (17.06x)
June 20, 2022
Industry (16.32x)
December 5, 2024
Today (37.10x)
December 5, 2024
Highest (59.89x)
February 7, 2024
Indian Overseas Bank Earnings and Dividends
Indian Overseas Bank Earnings Results
Indian Overseas Bank’s net profit jumped 24.31% since last year same period to ₹779.62Cr in the Q2 2024-2025. On a quarterly growth basis, Indian Overseas Bank has generated 20.19% jump in its net profits since last 3-months.
Read More about Earnings Results
Indian Overseas Bank Technicals Summary
Bearish
Neutral
Bullish
Indian Overseas Bank is currently in a Bullish trading position according to technical analysis indicators.
FAQs on Indian Overseas Bank
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Indian Overseas Bank (IOB) share price today is ₹57.86
Indian Overseas Bank is listed on NSE
Indian Overseas Bank is listed on BSE
- Today’s highest price of Indian Overseas Bank is ₹59.75.
- Today’s lowest price of Indian Overseas Bank is ₹57.32.
PE Ratio of Indian Overseas Bank is 37.1
PE ratio = Indian Overseas Bank Market price per share / Indian Overseas Bank Earnings per share
Today’s traded volume of Indian Overseas Bank(IOB) is 1.93Cr.
Today’s market capitalisation of Indian Overseas Bank(IOB) is ₹109388.26Cr.
| Indian Overseas Bank(IOB | Price |
|---|---|
52 Week High | ₹83.75 |
52 Week Low | ₹40.75 |
Indian Overseas Bank(IOB) share price is ₹57.86. It is down -30.91% from its 52 Week High price of ₹83.75
Indian Overseas Bank(IOB) share price is ₹57.86. It is up 41.99% from its 52 Week Low price of ₹40.75
| Indian Overseas Bank(IOB | Returns |
|---|---|
1 Day Returns | -0.01% |
1 Month Returns | 5.01% |
3 Month Returns | -0.31% |
1 Year Returns | 35.69% |