INDIAN OVERSEAS BANK share price has plunged 5% and is presently trading at Rs 24.
Meanwhile, the BSE BANKEX Index is at 39,602 (down 1.4%).
Among the top losers in the BSE BANKEX Index today is INDIAN OVERSEAS BANK (down 5.1%).
Over the last one year, INDIAN OVERSEAS BANK has moved up from Rs 10 to Rs 24, registering a gain of Rs 14 (up 139.2%)..
The BSE BANKEX has moved up from 24,465 to 39,602, registering a gain of 15,137 points (up 61.9%) during the last 12 months.
The top buzzing stocks among the BSE BANKEX Index stocks during this same period were SBI (up 127.1%), INDUSIND BANK (up 91.3%) and ICICI BANK (up 87.0%).
Revealed: The Most Under-rated Momentum Indicator
The BSE Sensex is at 52,465 (down 0.6%). The top gainers among the BSE Sensex stocks today are ASIAN PAINTS (up 1.1%). The most traded stocks in the BSE Sensex are ITC and INFOSYS.
In the meantime, NSE Nifty is at 15,728 (down 0.8%). ASIAN PAINTS (up 1.2%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 36,472 to 52,465, registering a gain of 15,993 points (up 43.19%).
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 46.3x.
What else is happening in the markets today? Dig in...
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