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Indian Overseas Bank Share Price (IOB)

₹47.12.69%

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Overview
Fundamentals
Q1 '23 Results
Technicals
News and Events

Overview of Indian Overseas Bank

What's happening in Indian Overseas Bank

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    Today's Timeline - 04 Oct

    10:36 AM

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    Shares of PSU banks, including Indian Overseas Bank, rally up to 52% in the last one month due to healthy growth trends and recent investment guidelines.

    11:55 AM

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    Indian Overseas Bank surges 15% as Care Ratings assigns A1+ rating to CoD; PSB shares rally.

Key events for Indian Overseas Bank

  • PSU Banks Rally Boosts Indian Overseas Bank Stock - 04 Oct, 2023

    Indian Overseas Bank's stock rallies 15% after receiving an A1+ rating from Care Ratings. The bank is among several other PSU banks that have rallied up to 52% in the past month.

  • Indian Overseas Bank Midcap Segment Jumps 52% - 30 Sep, 2023

    Indian Overseas Bank (IOB) was a close second in the midcap segment, which jumped 52%.

  • Indian Overseas Bank Shows Bullish Momentum - 29 Sep, 2023

    Indian Overseas Bank's stock shows a steady pattern of ascending highs and lows, with increasing volume trends, indicating bullish momentum. The bank also gained 3% to reach Rs 46.35.

  • PSU Banks with Strong Retail and SME Lending Capabilities Offer Business Upside - 26 Sep, 2023

    Investors should focus on larger PSU banks like Canara, Union, or Bank of Baroda that have strong capabilities in retail and SME lending. Smaller PSU banks lack these capabilities and should be avoided.

  • Indian Overseas Bank Stock Shows Strength - 25 Sep, 2023

    Indian Overseas Bank's stock is showing strength with higher-top higher-bottom formation and outperformance of benchmark indices. The stock has seen a significant 30-day change and has a favorable Price to Book ratio.

  • Indian Overseas Bank Stock Gains - 23 Sep, 2023

    Indian Overseas Bank's stock saw gains of 5-11%.

  • Indian Overseas Bank Stock Rises on High Trading Volume - 22 Sep, 2023

    Indian Overseas Bank's stock saw a rise between 3.81% and 1.67%, making it one of the top trading counters for the day.

  • Indian Overseas Bank Stock Sees Highs and Lows - 21 Sep, 2023

    Shares of Indian Overseas Bank (IOB) hit an eight-year high of ₹48.60 before falling between 3-6%. The bank saw a spike in volumes due to sustained improvement in earnings and asset quality.

  • Indian Overseas Bank Shares Fall Along With Other Companies - 20 Sep, 2023

    Indian Overseas Bank's shares fell by up to 6.67% along with other companies, and a pullback is expected due to overstretching.

  • Indian Overseas Bank Stock Surges on Strong Financials and Market Rally - 19 Sep, 2023

    Indian Overseas Bank's stock surged by up to 20%, hitting a new one-year high, after reporting strong Q1 FY24 financial results. The bank also led the Nifty PSU Bank index rally, pushing its market cap to an all-time high of ₹12.3 lakh crore.

  • Indian Overseas Bank Stock Surges Amid Rally in PSU Banks - 18 Sep, 2023

    Shares of Indian Overseas Bank surge to an eight-year high amid a strong rally in public sector banks, with Nifty PSU Bank index experiencing a significant jump.

  • Indian Overseas Bank Stock Surges - 16 Sep, 2023

    Indian Overseas Bank's stock saw a significant surge, with the bank's shares rising by 10-20%, and IOB seeing a 20.4% increase in the Nifty 250 Small Cap Index.

  • Indian Overseas Bank Wins Top Honors for Official Language Implementation - 15 Sep, 2023

    Indian Overseas Bank (IOB) has been awarded the 'Rajbhasha Kirti' (First Prize) by the Government of India for official language implementation, along with its in-house magazine 'Vani'. This is the third consecutive year that IOB has received this honor.

  • Indian Overseas Bank Stock Rises 8.2% - 13 Sep, 2023

    Indian Overseas Bank was one of the top gainers on Wednesday, rising 8.2%.

  • Indian Overseas Bank Shows Bullish Bias - 10 Sep, 2023

    The Moving Average Convergence Divergence (MACD) indicator showed a bullish bias for the Indian Overseas Bank stock.

  • Indian Overseas Bank's Share Price Surges Amid Buying Interest - 07 Sep, 2023

    Indian Overseas Bank's share price witnessed a surge after PM Modi's remark on PSU companies, indicating buying interest.

  • Indian Overseas Bank Stock Soars 15% After Receiving 'A1+' Rating - 03 Sep, 2023

    Shares of Indian Overseas Bank rose by 15% after Care Ratings assigned an 'A1+' rating to the bank's Certificate of Deposit (CoD).

  • IOB Among Lenders to Distressed Sugar Maker; Sells Debt in Auction - 24 Aug, 2023

    Indian Overseas Bank is one of the lenders to a distressed sugar maker and participated in an uncontested Swiss auction where IDBI Bank, Bank of India, and IOB sold ₹1,500 crore debt for ₹811 crore.

  • Indian Overseas Bank Among Overbought Stocks - 17 Aug, 2023

    According to StockEdge, Indian Overseas Bank is one of the ten stocks that were trading in the overbought zone on August 16.

  • Indian Overseas Bank Stock Rises 17.3% Following Q1FY24 Earnings - 16 Aug, 2023

    Indian Overseas Bank's stock has risen by 17.3% after the announcement of their Q1FY24 earnings, placing them second in terms of returns behind Indian Bank.

Indian Overseas Bank share Performance

  • ₹47.1
    ₹47.25
    ₹47.1

    Day's Volatility:0.32%

    Upside

    0.32%

    downward going graph
  • ₹17.05
    ₹51.1
    ₹47.1
    downward going graph

    63.80%

    Downside

    52 Weeks Volatility:72.29%

    Upside

    8.49%

    downward going graph
1 Month Return52.44 %
3 Month Return87.96 %
1 Year Return174.22 %
Previous Close₹48.40
Open₹47.20
Volume10.21Cr
Market Cap₹91,487.68Cr

Indian Overseas Bank Company Information

Indian Overseas Bank (IOB) is an Indian public sector bank established in 1937, headquartered in Chennai. It is one of the leading banks in India with a wide network of branches and ATMs spread across the country.

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: ₹47.10 per share as on 04 Oct, 2023 01:20 PM
Market Capitalisation: ₹91,487.68Cr as of today
Revenue: ₹6,630.57Cr as on March 2023 (Q1 23)
Net Profit: ₹655.63Cr as on March 2023 (Q1 23)
Listing date: 13 Dec, 2000
OrganisationIndian Overseas Bank
Headquarters
IndustryBanks
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Fundamentals of Indian Overseas Bank

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.

  • imgPOSITIVE IMPACT

    Profit Spike
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    Netprofit is up for the last 4 quarters, 393.1 Cr → 655.63 Cr (in ₹), with an average increase of 15.5% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up
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    Retail Investor have increased holdings from 2.12% to 2.19% in Jun 2023 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich
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    Revenue is up for the last 4 quarters, 5.03K Cr → 6.63K Cr (in ₹), with an average increase of 8.7% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year
    img

    In the last 1 year, IOB has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    Best in 3 Years
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    In the last 3 years, IOB has outperformed top 5 stocks with highest market-cap in Banks

  • imgPOSITIVE IMPACT

    Price Rise
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    In the last 1 year, IOB stock has moved up by 174.2%

  • imgNO EFFECT

    Promoter Holding Unchanged
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    Promoters holdings remained unchanged at 96.38% of holdings in Jun 2023 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down
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    Foreign Institutions have decreased holdings from 0.14% to 0.09% in Jun 2023 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down
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    Mutual Funds have decreased holdings from 0.10% to 0.08% in Jun 2023 quarter

Indian Overseas Bank share Valuation

Indian Overseas Bank in the last 5 years

  • Overview

  • Trends

Lowest (17.06x)

June 20, 2022

Industry (18.32x)

October 3, 2023

Today (41.37x)

October 3, 2023

Highest (41.37x)

October 3, 2023

LowHigh

Mutual Fund Holdings

Funds Holdings
Nippon India Nifty Smallcap 250 Index Fund Dir GrNippon India Nifty Smallcap 250 Index Fund Dir Gr0.2%
Motilal Oswal Nifty Smallcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Smallcap 250 Index Fund Direct Growth0.2%
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct GrowthAditya Birla Sun Life Nifty Smallcap 50 Index Fund Direct Growth0.69%
SBI Nifty Smallcap 250 Index Fund Direct GrowthSBI Nifty Smallcap 250 Index Fund Direct Growth0.2%
Axis Nifty Smallcap 50 Index Fund Direct GrowthAxis Nifty Smallcap 50 Index Fund Direct Growth0.68%

Indian Overseas Bank Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
96.38%
0.00
Foreign Institutions
0.09%
-35.59
Mutual Funds
0.08%
-16.98
Retail Investors
2.19%
3.50
Others
1.25%
-0.54

Technicals of Indian Overseas Bank share

News & Events of Indian Overseas Bank

Frequently Asked Questions

Indian Overseas Bank (IOB) share price today is ₹47.1

  • Today’s highest price of Indian Overseas Bank is ₹47.25.
  • Today’s lowest price of Indian Overseas Bank is ₹47.1.

Today’s traded volume of Indian Overseas Bank(IOB) is 10.21Cr.

Today’s market capitalisation of Indian Overseas Bank(IOB) is ₹91487.68Cr.

Indian Overseas Bank(IOBPrice
52 Week High
₹51.1
52 Week Low
₹17.05

Indian Overseas Bank(IOB) share price is ₹47.1. It is down -7.83% from its 52 Week High price of ₹51.1

Indian Overseas Bank(IOB) share price is ₹47.1. It is up 176.25% from its 52 Week Low price of ₹17.05

Indian Overseas Bank(IOBReturns
1 Day Returns
-1.3%
1 Month Returns
52.44%
3 Month Returns
87.96%
1 Year Returns
174.22%