INDIAN OVERSEAS BANK Share Price Up by 8%; BSE BANKEX Index Up 1.2%
Tue, 13 Apr 09:34 AM

INDIAN OVERSEAS BANK share price has zoomed 8% and is presently trading at Rs 17.

Meanwhile, the BSE BANKEX Index is at 35,388 (up 1.2%).

Among the top Gainers in the BSE BANKEX Index today is INDIAN OVERSEAS BANK (up 8.1%).

KOTAK MAHINDRA BANK (down 0.1%) is among the top loser 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 145.1%).

On the other hand, the BSE BANKEX has moved up from 22,904 to 35,388, registering a gain of 12,484 points (up 54.4%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were INDUSIND BANK (up 116.3%), SBI (up 78.1%) and FEDERAL BANK (up 75.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 48,149 (up 0.4%).

The top gainers among the BSE Sensex stocks today are ONGC (up 3.3%), M&M (up 2.9%) and POWER GRID (up 2.4%). Other gainers include BAJAJ FINANCE (up 2.2%) and TATA STEEL (up 2.1%). The most traded stocks in the BSE Sensex are SBI and ITC.

In the meantime, NSE Nifty is at 14,392 (up 0.5%). The top gainers in the NSE Nifty include ONGC (up 3.4%), UPL (up 3.1%) and M&M (up 3.0%). Other gainers include HINDALCO (up 2.6%) and BAJAJ FINANCE (up 2.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 31,160 to 48,149, registering a gain of 16,989 points (up 54.30%).

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 1.5x.



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

  

Stock Market Updates

Apr 13, 2021 09:30 am

Asian share markets are trading on a positive note today as investors anticipated the start of corporate earnings seasons.

Apr 13, 2021 09:32 AM

HEG share price is trading up by 5% and its current market price is Rs 2,177. The BSE CAPITAL GOODS is up by 0.7%. The top gainers in the BSE CAPITAL GOODS Index are HEG (up 5.3%) and GRAPHITE INDIA (up 7.5%). The top losers are KALPATARU POWER (down 0.1%) and HONEYWELL AUTOMATION (down 0.4%).

Apr 13, 2021 09:32 AM

BANK OF MAHARASHTRA share price is trading up by 6% and its current market price is Rs 24. The BSE BANKEX is up by 1.0%. The top gainers in the BSE BANKEX Index is BANK OF MAHARASHTRA (up 5.9%). The top losers is KOTAK MAHINDRA BANK (down 0.3%).

Apr 13, 2021 09:26 AM

ADANI PORTS & SEZ share price is trading down by 5% and its current market price is Rs 755. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are GRAPHITE INDIA (up 5.4%) and GSK CONSUMER (up 5.1%). The top losers are ADANI PORTS & SEZ (down 5.3%) and MAH. SCOOTERS (down 5.2%).

Apr 13, 2021 09:26 AM

MAHINDRA HOLIDAYS share price is trading down by 6% and its current market price is Rs 221. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are GRAPHITE INDIA (up 5.4%) and GSK CONSUMER (up 5.1%). The top losers are MAHINDRA HOLIDAYS (down 6.4%) and MAH. SCOOTERS (down 5.2%).

Apr 13, 2021 09:24 AM

MOTILAL OSWAL share price is trading down by 7% and its current market price is Rs 655. The BSE 500 is up by 0.4%. The top gainers in the BSE 500 Index are GRAPHITE INDIA (up 7.3%) and GIC OF INDIA (up 6.4%). The top losers are MOTILAL OSWAL (down 6.6%) and 3M INDIA (down 7.4%).

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