Indian Overseas Bank spurts 1.25%, up for third straight session
06 - Mar - 2025 12:00 | 25 days ago
Indian Overseas Bank rose for a third straight session today. The stock is quoting at Rs 44.54, up 1.25% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. Indian Overseas Bank has dropped around 11.57% in last one month.
Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has dropped around 4.21% in last one month and is currently quoting at 5890.45, up 0.77% on the day. The volume in the stock stood at 22.88 lakh shares today, compared to the daily average of 41.87 lakh shares in last one month.
The PE of the stock is 26.83 based on TTM earnings ending December 24.
Indian Overseas Bank spurts 1.25%, up for third straight session
06 - Mar - 2025 12:00 | 25 days ago
Indian Overseas Bank rose for a third straight session today. The stock is quoting at Rs 44.54, up 1.25% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. Indian Overseas Bank has dropped around 11.57% in last one month.
Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has dropped around 4.21% in last one month and is currently quoting at 5890.45, up 0.77% on the day. The volume in the stock stood at 22.88 lakh shares today, compared to the daily average of 41.87 lakh shares in last one month.
The PE of the stock is 26.83 based on TTM earnings ending December 24.
The bank informed that S P Mahesh Kumar, general manager & CFO is superannuating on 28 February 2025.
Madhaw Chandra Jha is qualified Chartered Accountant with rich experience in the field of Accounting and Finance. He is working in Indian Overseas Bank for the last 19 years. He has handled various functions viz. overseeing financial operations, which includes preparation of financial statement of the Bank, liaising with Statutory Auditors, submission of regulatory returns, handling other specialized area such as IndAS etc.
He has undergone several Management Development Programs imparted by premium institutes like ISB, RBI, CAB, ASCI, etc.
Indian Overseas Bank is engaged in the business of banking & financial services.
The bank reported 20.91% jump in net profit to Rs 873.66 crore on 13.07% rise in total income to Rs 8,409.3 crore in Q3 FY25 over Q3 FY24.
The counter declined 2.10% to end at Rs 45.17 on Tuesday, 18 February 2025.
Indian Overseas Bank spurts 1.25%, up for third straight session
06 - Mar - 2025 12:00 | 25 days ago
Indian Overseas Bank rose for a third straight session today. The stock is quoting at Rs 44.54, up 1.25% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. Indian Overseas Bank has dropped around 11.57% in last one month.
Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has dropped around 4.21% in last one month and is currently quoting at 5890.45, up 0.77% on the day. The volume in the stock stood at 22.88 lakh shares today, compared to the daily average of 41.87 lakh shares in last one month.
The PE of the stock is 26.83 based on TTM earnings ending December 24.
The bank informed that S P Mahesh Kumar, general manager & CFO is superannuating on 28 February 2025.
Madhaw Chandra Jha is qualified Chartered Accountant with rich experience in the field of Accounting and Finance. He is working in Indian Overseas Bank for the last 19 years. He has handled various functions viz. overseeing financial operations, which includes preparation of financial statement of the Bank, liaising with Statutory Auditors, submission of regulatory returns, handling other specialized area such as IndAS etc.
He has undergone several Management Development Programs imparted by premium institutes like ISB, RBI, CAB, ASCI, etc.
Indian Overseas Bank is engaged in the business of banking & financial services.
The bank reported 20.91% jump in net profit to Rs 873.66 crore on 13.07% rise in total income to Rs 8,409.3 crore in Q3 FY25 over Q3 FY24.
The counter declined 2.10% to end at Rs 45.17 on Tuesday, 18 February 2025.
Indian Overseas Bank spurts 1.25%, up for third straight session
06 - Mar - 2025 12:00 | 25 days ago
Indian Overseas Bank rose for a third straight session today. The stock is quoting at Rs 44.54, up 1.25% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. Indian Overseas Bank has dropped around 11.57% in last one month.
Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has dropped around 4.21% in last one month and is currently quoting at 5890.45, up 0.77% on the day. The volume in the stock stood at 22.88 lakh shares today, compared to the daily average of 41.87 lakh shares in last one month.
The PE of the stock is 26.83 based on TTM earnings ending December 24.
Indian Overseas Bank spurts 1.25%, up for third straight session
06 - Mar - 2025 12:00 | 25 days ago
Indian Overseas Bank rose for a third straight session today. The stock is quoting at Rs 44.54, up 1.25% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. Indian Overseas Bank has dropped around 11.57% in last one month.
Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has dropped around 4.21% in last one month and is currently quoting at 5890.45, up 0.77% on the day. The volume in the stock stood at 22.88 lakh shares today, compared to the daily average of 41.87 lakh shares in last one month.
The PE of the stock is 26.83 based on TTM earnings ending December 24.
The bank informed that S P Mahesh Kumar, general manager & CFO is superannuating on 28 February 2025.
Madhaw Chandra Jha is qualified Chartered Accountant with rich experience in the field of Accounting and Finance. He is working in Indian Overseas Bank for the last 19 years. He has handled various functions viz. overseeing financial operations, which includes preparation of financial statement of the Bank, liaising with Statutory Auditors, submission of regulatory returns, handling other specialized area such as IndAS etc.
He has undergone several Management Development Programs imparted by premium institutes like ISB, RBI, CAB, ASCI, etc.
Indian Overseas Bank is engaged in the business of banking & financial services.
The bank reported 20.91% jump in net profit to Rs 873.66 crore on 13.07% rise in total income to Rs 8,409.3 crore in Q3 FY25 over Q3 FY24.
The counter declined 2.10% to end at Rs 45.17 on Tuesday, 18 February 2025.
