INDIAN OVERSEAS BANK Share Price Down by 5%; BSE BANKEX Index Up 0.1%
Wed, 14 Jul 02:56 PM

INDIAN OVERSEAS BANK share price has plunged 5% and is presently trading at Rs 27.

Meanwhile, the BSE BANKEX Index is at 40,582 (up 0.1%).

Among the top losers in the BSE BANKEX Index today is INDIAN OVERSEAS BANK (down 5.2%).

FEDERAL BANK (up 0.6%) and SBI (up 0.3%) are among the top gainers today.

Over the last one year, INDIAN OVERSEAS BANK has moved up from Rs 11 to Rs 27, registering a gain of Rs 16 (up 153.1%)..

The BSE BANKEX has moved up from 24,995 to 40,582, registering a gain of 15,587 points (up 62.4%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were SBI (up 123.6%), INDUSIND BANK (up 95.0%) and ICICI BANK (up 87.6%).

Watch the Replay: The Smallcap Fortunes Summits

What About the Benchmark Indices?

The BSE Sensex is at 52,979 (up 0.3%). The top gainers among the BSE Sensex stocks today are TECH MAHINDRA (up 2.5%). The most traded stocks in the BSE Sensex are POWER GRID and ITC.

In the meantime, NSE Nifty is at 15,877 (up 0.3%). WIPRO (up 6.7%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,694 to 52,979, registering a gain of 16,285 points (up 44.22%).

INDIAN OVERSEAS BANK Financial Update...

INDIAN OVERSEAS BANK net profit stood at Rs 3 billion for the quarter ended March 2021, compared to a profit of Rs 2 billion a year ago. Operating income declined 4.4% to Rs 40.6 billion during the period as against Rs 42.4 billion in January-March 2020.

For the year ended March 2020, INDIAN OVERSEAS BANK reported 128.1% increase in net profit to Rs 85.3 billion compared to net profit of Rs 37.4 billion during FY19.

Revenue of the company grew 1.3% to Rs 174 billion during FY20.

The current Price to earnings ratio of INDIAN OVERSEAS BANK, based on rolling 12 month earnings, stands at 50.1x.



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

  

Stock Market Updates

Jul 14, 2021 Closing

Indian share markets witnessed volatile trading activity throughout the day today and ended higher.

Jul 14, 2021 12:30 pm

BSE Sensex is trading up by 75 points, while the NSE Nifty is up by 32 points.

Jul 14, 2021 11:20 AM

SONATA SOFTWARE share price has hit an all time high at Rs 778 (up 0.3%). The BSE IT Index is up by 1.2%. Among the top gainers in the BSE IT Index today are SONATA SOFTWARE (up 0.3%) and COFORGE (up 3.0%). The top losers include HEXAWARE TECHNOLOGIES and INTELLECT DESIGN (down 0.2%).

Jul 14, 2021 09:30 am

Indian share markets open flat. The BSE Sensex opened down by 12 points, while the Nifty is trading lower by 5 points.

Jul 14, 2021 09:36 AM

SHEELA FOAM share price has hit an all time high at Rs 2,443 (up 3.0%). The BSE FMCG Index is down by 0.1%. Among the top gainers in the BSE FMCG Index today are SHEELA FOAM (up 3.0%) and GSK CONSUMER (up 5.1%). The top losers include UNITED BREWERIES and JYOTHY LABS (down 0.1%).

Jul 14, 2021 09:34 AM

BRIGADE ENTERPRISES share price has hit a 52-week high. It is presently trading at Rs 334. BSE 500 Index is up by 0.1% at 21,728. Within the BSE 500, BRIGADE ENTERPRISES (up 2.2%) and TATA METALIK (up 7.0%) are among the top gainers, while top losers are DHFL and QUESS CORP.

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