INDIAN OVERSEAS BANK Share Price Up by 16%; BSE BANKEX Index Up 1.0%
Wed, 25 Nov 09:24 AM

INDIAN OVERSEAS BANK share price has zoomed 16% and is presently trading at Rs 12.

Meanwhile, the BSE BANKEX Index is at 34,521 (up 1.0%).

Among the top Gainers in the BSE BANKEX Index today is INDIAN OVERSEAS BANK (up 15.8%).

Over the last one year, INDIAN OVERSEAS BANK has moved up from Rs 11 to Rs 12, registering a gain of Rs 1 (up 12.1%).

On the other hand, the BSE BANKEX has moved down from 35,716 to 34,521, loss of 1,195 points (down 3.5%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were KOTAK MAHINDRA BANK (up 20.2%) and HDFC BANK (up 14.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 44,825 (up 0.6%).

The top gainers among the BSE Sensex stocks today are ONGC (up 3.0%), BAJAJ FINSERV (up 1.6%) and HDFC (up 1.5%). Other gainers include HDFC BANK (up 1.4%) and INDUSIND BANK (up 1.4%). The most traded stocks in the BSE Sensex are SBI and ONGC.

In the meantime, NSE Nifty is at 13,146 (up 0.5%). The top gainers in the NSE Nifty include ONGC (up 4.6%), TATA MOTORS (up 2.0%) and DR. REDDYS LAB (up 1.9%). Other gainers include ICICI BANK (up 1.7%) and HDFC BANK (up 1.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,889 to 44,825, registering a gain of 3,936 points (up 9.52%).

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 1.0x.



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

  

Stock Market Updates

Nov 25, 2020 10:54 AM

PI INDUSTRIES share price is trading down by 6% and its current market price is Rs 2,360. The BSE 500 is down by 0.7%. The top gainers in the BSE 500 Index are INDIAN OVERSEAS BANK (up 7.2%) and KALPATARU POWER (up 6.2%). The top losers are PI INDUSTRIES (down 5.6%) and SUPREME INDUSTRIES (down 5.4%).

Nov 25, 2020 10:52 AM

ADANI TRANSMISSION share price is trading down by 7% and its current market price is Rs 383. The BSE POWER is down by 1.2%. The top gainers in the BSE POWER Index are KALPATARU POWER (up 6.2%) and RELIANCE INFRA (up 4.9%). The top losers is ADANI TRANSMISSION (down 6.8%).

Nov 25, 2020 10:50 AM

SUPREME INDUSTRIES share price is trading down by 5% and its current market price is Rs 1,726. The BSE 500 is down by 0.4%. The top gainers in the BSE 500 Index are INDIAN OVERSEAS BANK (up 8.0%) and KALPATARU POWER (up 6.3%). The top losers are SUPREME INDUSTRIES (down 5.1%) and GRAPHITE INDIA (down 5.6%).

Nov 25, 2020 10:48 AM

GRAPHITE INDIA share price is trading down by 6% and its current market price is Rs 260. The BSE CAPITAL GOODS is down by 0.9%. The top gainers in the BSE CAPITAL GOODS Index are KALPATARU POWER (up 6.2%) and FINOLEX CABLES (up 4.9%). The top losers is GRAPHITE INDIA (down 5.5%).

Nov 25, 2020 10:40 AM

ADANI GAS share price is trading down by 5% and its current market price is Rs 341. The BSE 500 is down by 0.4%. The top gainers in the BSE 500 Index are INDIAN OVERSEAS BANK (up 8.2%) and DCB BANK (up 6.1%). The top losers are ADANI GAS (down 5.0%) and ZENSAR TECHNOLOGIES (down 5.4%).

Nov 25, 2020 09:30 am

Asian share markets opened with gains and US stock futures pushed higher after Wall Street indices closed at an all-time high.

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