INDIAN OVERSEAS BANK Share Price Up by 7%; BSE BANKEX Index Up 2.3%
Tue, 24 Nov 03:26 PM

INDIAN OVERSEAS BANK share price has zoomed 7% and is presently trading at Rs 10.

Meanwhile, the BSE BANKEX Index is at 34,162 (up 2.3%).

Among the top Gainers in the BSE BANKEX Index today are INDIAN OVERSEAS BANK (up 6.5%) and RBL BANK (up 6.0%).

Over the last one year, INDIAN OVERSEAS BANK has moved down from Rs 11 to Rs 10, registering a loss of Rs 0 (down 2.8%).

On the other hand, the BSE BANKEX has moved down from 35,463 to 34,162, loss of 1,301 points (down 3.8%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were KOTAK MAHINDRA BANK (up 20.3%) and HDFC BANK (up 12.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 44,572 (up 1.0%).

The top gainers among the BSE Sensex stocks today are AXIS BANK (up 4.1%), M&M (up 3.5%) and HDFC BANK (up 2.9%). Other gainers include ITC (up 2.4%) and MARUTI SUZUKI (up 2.4%). The most traded stocks in the BSE Sensex are SBI and ITC.

In the meantime, NSE Nifty is at 13,071 (up 1.1%). The top gainers in the NSE Nifty include ADANI PORTS & SEZ (up 4.4%), HINDALCO (up 3.7%) and EICHER MOTOR (up 3.7%). Other gainers include AXIS BANK (up 3.7%) and M&M (up 3.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,652 to 44,572, registering a gain of 3,920 points (up 9.54%).

INDIAN OVERSEAS BANK Financial Update...

INDIAN OVERSEAS BANK net profit down at Rs 61 billion for the quarter ended December 2019, compared to a loss of Rs 3 billion a year ago. Operating income declined 4.2% to Rs 43.5 billion during the period as against Rs 45.4 billion in October-December 2018.

For the year ended March 2019, INDIAN OVERSEAS BANK reported 40.7% decrease in net profit to Rs 37.4 billion compared to net profit of Rs 63.0 billion during FY18.

Revenue of the company grew 1.6% to Rs 176 billion during FY19.

The current Price to earnings ratio of INDIAN OVERSEAS BANK, based on rolling 12 month earnings, stands at down 0.9x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Nov 24, 2020 Closing

Indian share markets extended gains as the session progressed and ended on a strong note. Both the benchmark indices logged their respective fresh lifetime highs in intra-day deals.

Nov 24, 2020 03:34 PM

LAKSHMI MACHINE share price has hit a 52-week high. It is presently trading at Rs 4,452. BSE 500 Index is up by 1.0% at 17,042. Within the BSE 500, LAKSHMI MACHINE (up 2.5%) and SUNTECK REALTY (up 11.7%) are among the top gainers, while top losers are INOX WIND and LAKSHMI VILAS BANK.

Nov 24, 2020 03:22 PM

BAJAJ HOLDINGS & INVESTMENT share price is trading down by 5% and its current market price is Rs 3,351. The BSE 500 is up by 0.9%. The top gainers in the BSE 500 Index are RELIANCE CAPITAL (up 9.9%) and VA TECH WABAG (up 6.9%). The top losers are BAJAJ HOLDINGS & INVESTMENT (down 5.0%) and INFIBEAM AVENUES (down 5.4%).

Nov 24, 2020 02:50 PM

NAVA BHARAT VENTURES share price is trading up by 11% and its current market price is Rs 52. The BSE 500 is up by 0.9%. The top gainers in the BSE 500 Index are NAVA BHARAT VENTURES (up 10.9%) and SUNTECK REALTY (up 13.7%). The top losers are UCO BANK (down 0.1%) and SADBHAV ENGINEERING (down 0.1%).

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GUJARAT PIPAVAV PORT share price is trading up by 6% and its current market price is Rs 106. The BSE REALTY is up by 2.3%. The top gainers in the BSE REALTY Index are GUJARAT PIPAVAV PORT (up 5.7%) and SUNTECK REALTY (up 13.7%). The top losers is OMAXE (down 0.4%).

Nov 24, 2020 02:38 PM

BEML. share price is trading up by 5% and its current market price is Rs 711. The BSE CAPITAL GOODS is up by 0.8%. The top gainers in the BSE CAPITAL GOODS Index is BEML. (up 5.4%). The top losers are SADBHAV ENGINEERING (down 0.1%) and V GUARD INDUSTRIES (down 0.3%).

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