Indian Overseas Bank Share analysis
Excluding Excise Duty and Other Income, represents Net Revenue
Indian Overseas Bank revenue growth forecast
Expected growth rate Q1, FY2023:0
Forecast
Actual
Including amortisation and stock based compensations
Indian Overseas Bank EPS growth forecast
EPS estimate Q1, FY2023:
Forecast
Actual
Source: S&P Global Market Intelligence
Indian Overseas Bank Performance
Day's Low
Day's High
₹49.35₹51.2952 Week's Low
52 Week's High
₹38.95₹83.75
| Returns % | |
| 1 Month Return | -4.23 % |
| 3 Month Return | -17.81 % |
| 1 Year Return | + 28.15 % |
| Market Stats | |
| Previous Close | ₹51.13 |
| Open | ₹51.18 |
| Volume | 56.23L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹96,648.03Cr |
Indian Overseas Bank Key Statistics
| P/E Ratio | 32.78 |
| PEG Ratio | 102.42 |
| Market Cap | ₹96,648.03 Cr |
| P/B Ratio | 4.5 |
| EPS | 1.41 |
| Dividend Yield | 0 |
| Sector | Banks |
| ROE | 6.75 |
Indian Overseas Bank Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹96,648.03 Cr | 73.39% | NA | ₹2,665 Cr | ₹29,730 Cr | |
| NA | ₹83,524.66 Cr | 26.45% | NA | ₹5,788 Cr | ₹30,421 Cr | |
| NA | ₹50,788.91 Cr | 20.17% | NA | ₹1,671 Cr | ₹25,119 Cr | |
| NA | ₹45,705.15 Cr | 28.19% | NA | ₹2,667 Cr | ₹35,662 Cr | |
| NA | ₹40,326.82 Cr | 62.89% | NA | ₹4,071 Cr | ₹23,509 Cr |
Indian Overseas Bank Mutual Fund Holdings
About Indian Overseas Bank
IOB offers a wide range of banking services such as deposits, loans, credit cards, insurance, mutual funds, foreign exchange, and more. It is a full-service bank with a focus on retail and corporate banking services. Its core lines of business include retail banking, corporate banking, NRI banking, agri-business banking, and SME banking.
The bank's top products include savings accounts, current accounts, fixed deposits, recurring deposits, home loans, personal loans, car loans, gold loans, credit cards, and more. Popular IOB brands include IOB-Udaan, IOB-Wealth, IOB-Ease, IOB-Secure, and IOB-Gyan.
IOB has over 3,400 branches and 4,000 ATMs across India. It also has a presence in 19 countries, including the United States, the United Kingdom, Singapore, Hong Kong, and the United Arab Emirates.
Share Price: ₹49.81 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹96,648.03Cr as of today
Revenue: ₹8,489.90Cr as on September 2024 (Q3 24)
Net Profit: ₹779.62Cr as on September 2024 (Q3 24)
Listing date: 07 Dec, 2000
| Organisation | Indian Overseas Bank |
| Headquarters | |
| Industry | Banks |
| E-voting on shares | Click here to vote |
Key events for Indian Overseas Bank
Indian Overseas Bank Shares Decline Amid Profit Booking - 21 Nov, 2024
Indian Overseas Bank shares fell 2.05% to Rs 50.08, resulting in a market cap loss of Rs 1,975 crore. The decline is attributed to profit-booking amid fluctuations in the public sector banking segment.
Indian Overseas Bank Sees Stock Surge Amid Stake Sale Talks - 19 Nov, 2024
Indian Overseas Bank's stock rose 3.79%, boosting its market cap significantly. The government is also considering selling minority stakes to meet SEBI norms.
Public Sector Banks Show Strong Growth in H1 FY 2024-25 - 12 Nov, 2024
Public sector banks, including Indian Overseas Bank, reported an 11% growth in aggregate business for H1 FY 2024-25, with gross credit and deposits rising significantly year-on-year.
Indian Overseas Bank Launches Online Re-KYC Service - 05 Nov, 2024
Indian Overseas Bank has introduced an online Re-KYC service, allowing customers to update their KYC information conveniently via website, SMS, or email, enhancing accessibility and efficiency in banking.
IOB Introduces Online Re-KYC Facility for Customers - 04 Nov, 2024
Indian Overseas Bank has launched an online Re-KYC service, allowing customers to update their KYC details conveniently through its website, SMS, or email, enhancing customer experience.
Indian Overseas Bank Continues Upward Trend - 30 Oct, 2024
Indian Overseas Bank's stock rose 2.51% to Rs 54, marking its third consecutive session of gains. The stock is up 37.4% over the past year, despite a 6.14% decline in the last month. The Nifty PSU Bank index has also seen a slight dip of 0.41% in the same period.
Indian Overseas Bank Promotes Integrity Through Walkathon - 26 Oct, 2024
Indian Overseas Bank organized a Walkathon at Besant Nagar Beach to promote integrity and transparency, aligning with the Central Vigilance Commission's Vigilance Awareness Week. The event featured senior leadership and various activities aimed at raising public awareness about vigilance and fostering a corruption-free society.
Indian Overseas Bank CEO Discusses Impact of Rate Cuts - 23 Oct, 2024
The CEO of Indian Overseas Bank stated that rate cuts by the RBI will affect both deposit and credit growth, but challenges are not anticipated. The adjustments in interest rates will be uniform, allowing banks to maintain margins and continue growth even at reduced rates.
Insights on Indian Overseas Bank
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, IOB has outperformed top 5 stocks with highest market-cap in Banks
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 648.66 Cr → 779.62 Cr (in ₹), with an average increase of 16.8% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 2.27% to 2.29% in Sep 2024 quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, IOB stock has moved up by 3.2%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 7.58K Cr → 8.48K Cr (in ₹), with an average increase of 10.6% per quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 96.38% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, State Bank of India has given 43.0% return, outperforming this stock by 14.9%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 0.05% to 0.03% in Sep 2024 quarter
Indian Overseas Bank Financials
Index Inclusions
Indian Overseas Bank Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 96.38% | 0.00 | |
| Foreign Institutions | 0.03% | ||
| Mutual Funds | 0.07% | ||
| Retail Investors | 2.29% | 0.90 | |
| Others | 1.23% | 0.03 |
Indian Overseas Bank Key Indicators
Indian Overseas Bank Valuation
Indian Overseas Bank in the last 5 years
Lowest (17.06x)
June 20, 2022
Industry (15.21x)
November 19, 2024
Today (32.78x)
November 19, 2024
Highest (59.89x)
February 7, 2024
Indian Overseas Bank Earnings and Dividends
Indian Overseas Bank Earnings Results
Indian Overseas Bank’s net profit jumped 24.31% since last year same period to ₹779.62Cr in the Q2 2024-2025. On a quarterly growth basis, Indian Overseas Bank has generated 20.19% jump in its net profits since last 3-months.
Read More about Earnings Results
Indian Overseas Bank Technicals Summary
Bearish
Neutral
Bullish
Indian Overseas Bank is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Indian Overseas Bank
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Indian Overseas Bank (IOB) share price today is ₹49.81
Indian Overseas Bank is listed on NSE
Indian Overseas Bank is listed on BSE
- Today’s highest price of Indian Overseas Bank is ₹51.29.
- Today’s lowest price of Indian Overseas Bank is ₹49.35.
PE Ratio of Indian Overseas Bank is 32.78
PE ratio = Indian Overseas Bank Market price per share / Indian Overseas Bank Earnings per share
Today’s traded volume of Indian Overseas Bank(IOB) is 56.23L.
Today’s market capitalisation of Indian Overseas Bank(IOB) is ₹96648.03Cr.
| Indian Overseas Bank(IOB | Price |
|---|---|
52 Week High | ₹83.75 |
52 Week Low | ₹38.95 |
Indian Overseas Bank(IOB) share price is ₹49.81. It is down -40.53% from its 52 Week High price of ₹83.75
Indian Overseas Bank(IOB) share price is ₹49.81. It is up 27.88% from its 52 Week Low price of ₹38.95
| Indian Overseas Bank(IOB | Returns |
|---|---|
1 Day Returns | -1.32% |
1 Month Returns | -4.23% |
3 Month Returns | -17.81% |
1 Year Returns | 28.15% |