INDIAN OVERSEAS BANK Share Price Down by 5%; BSE BANKEX Index Up 0.9%
Thu, 18 Mar 10:58 AM

INDIAN OVERSEAS BANK share price has plunged 5% and is presently trading at Rs 17.

Meanwhile, the BSE BANKEX Index is at 39,184 (up 0.9%).

Among the top losers in the BSE BANKEX Index today is INDIAN OVERSEAS BANK (down 5.1%).

RBL BANK (up 1.6%) and SBI (up 1.6%) are among the top gainers today.

Over the last one year, INDIAN OVERSEAS BANK has moved up from Rs 7 to Rs 17, registering a gain of Rs 10 (up 127.8%)..

The BSE BANKEX has moved up from 26,474 to 39,184, registering a gain of 12,710 points (up 48.0%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were SBI (up 67.5%), INDUSIND BANK (up 53.3%) and HDFC BANK (up 51.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 50,296 (up 0.5%). The top gainers among the BSE Sensex stocks today are BAJAJ FINANCE (up 2.3%). The most traded stocks in the BSE Sensex are ONGC and ITC.

In the meantime, NSE Nifty is at 14,875 (up 0.6%). HINDALCO (up 4.0%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,390 to 50,296, registering a gain of 18,906 points (up 59.42%).

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 1.4x.



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

  

Stock Market Updates

Mar 18, 2021 02:30 pm

Share markets in India have erased all the early gains and are presently trading deep in the red.Benchmark indices pared early gains and slipped into the red in noon deals, weighed down by IT and pharma stocks, ahead of weekly F&O expiry.

Mar 18, 2021 12:30 pm

BSE Sensex is trading up by 288 points, while the NSE Nifty is trading up by 84 points.

Mar 18, 2021 10:06 AM

INDIAN BANK share price is trading up by 5% and its current market price is Rs 123. The BSE BANKEX is up by 1.3%. The top gainers in the BSE BANKEX Index is INDIAN BANK (up 5.2%).

Mar 18, 2021 09:54 AM

INDIABULLS REAL EST share price is trading up by 5% and its current market price is Rs 96. The BSE REALTY is up by 1.1%. The top gainers in the BSE REALTY Index is INDIABULLS REAL EST (up 5.2%). The top losers are OMAXE (down 0.1%) and PHOENIX MILL (down 0.2%).

Mar 18, 2021 09:30 am

Indian share markets open strong. The BSE Sensex opened up by 316 points, while the Nifty is trading higher by 92 points.

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DIXON TECHNOLOGIES share price is trading up by 11% and its current market price is Rs 4,588. The BSE CONSUMER DURABLES is up by 2.0%. The top gainers in the BSE CONSUMER DURABLES Index is DIXON TECHNOLOGIES (up 10.7%). The top losers is SYMPHONY (down 0.1%).

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