IOB

Indian Overseas Bank Share PriceIndian Overseas Bank

₹43.6
0.95 (2.23%)
As on 11 December, 2023 | 18:46 BSE: 532388 NSE: IOBISIN: INE565A01014

Indian Overseas Bank Performance

Day Range

  • Low 42.80
  • High 44.00
₹ 43.6

52 Week Range

  • Low 20.85
  • High 51.10
₹ 43.6
  • Open Price42.80
  • Previous Close42.65
  • Volume21494908

Start SIP in Indian Overseas Bank

Start SIP

Indian Overseas Bank Share Price

  • Over 1 Month 10.8%
  • Over 3 Month 25.11%
  • Over 6 Month 76.16%
  • Over 1 Year 68.99%

Indian Overseas Bank Key Statistics

P/E Ratio 35.2
PEG Ratio 1.5
Market Cap Cr 82,415
Price to Book Ratio 3.3
EPS 1.1
Dividend 0
Relative Strength Index 63.41
Money Flow Index 75.8
MACD Signal 0.22
Average True Range 1.45

Indian Overseas Bank Investment Rating

  • Master Rating:
  • Indian Overseas Bank has an operating revenue of Rs. 25,814.29 Cr. on a trailing 12-month basis. An annual revenue growth of 9% is good, Pre-tax margin of 9% is okay, ROE of 8% is fair but needs improvement. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 39% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 16% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 95 which is a GREAT score indicating consistency in earnings, a RS Rating of 79 which is FAIR indicating the recent price performance, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 143 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Indian Overseas Bank Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 5,8215,4245,1925,0564,7184,4354,215
Operating Expenses Qtr Cr 1,7831,7811,8241,6821,5941,3211,499
Operating Profit Qtr Cr 1,6771,3451,8821,5401,4941,0261,614
Depreciation Qtr Cr 0000000
Interest Qtr Cr 3,4753,1022,9162,7842,7642,6812,605
Tax Qtr Cr 8723655448
Net Profit Qtr Cr 625500650555501392552
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 23,50921,633
Operating Expenses Annual Cr 6,4215,451
Operating Profit Annual in Cr 5,9425,763
Depreciation Cr 260172
Interest Annual Cr 11,14510,419
Tax Annual Cr 070
Net Profit Annual Cr 2,0991,710
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -15,6195,566
Cash from Investing Activity Annual Cr -559-48
Cash from Financing Annual Activity Cr 13479
Net Cash Flow Annual Cr -16,1665,997
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 25,26323,000
Fixed Assets Annual Cr 3,7103,365
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 215,865197,833
Total Assets Annual Cr 313,746299,377
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1312
ROE Annual % 87
ROCE Annual % 66
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 5,8255,4275,1955,0574,7194,4364,216
Operating Expenses Qtr Cr 1,7851,7831,8271,6841,5971,3231,502
Operating Profit Qtr Cr 1,6801,3491,8871,5401,4931,0271,614
Depreciation Qtr Cr 0000000
Interest Qtr Cr 3,4773,1022,9172,7842,7642,6812,605
Tax Qtr Cr 8723655448
Net Profit Qtr Cr 627504656555500393552
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 23,52321,641
Operating Expenses Annual Cr 6,4305,459
Operating Profit Annual in Cr 5,9475,763
Depreciation Cr 260173
Interest Annual Cr 11,14610,419
Tax Annual Cr 00
Net Profit Annual Cr 2,1041,709
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -15,5845,539
Cash from Investing Activity Annual Cr -560-49
Cash from Financing Annual Activity Cr 13479
Net Cash Flow Annual Cr -16,1305,969
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 24,87623,224
Fixed Assets Annual Cr 3,7113,366
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 216,097198,023
Total Assets Annual Cr 313,450299,656
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1312
ROE Annual % 87
ROCE Annual % 66
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 00

Indian Overseas Bank Technicals

EMA & SMA

Current Price
₹43.6
0.95 (2.23%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹41.25
  • 50 Day
  • ₹40.14
  • 100 Day
  • ₹37.26
  • 200 Day
  • ₹32.94
  • 20 Day
  • ₹40.82
  • 50 Day
  • ₹41.69
  • 100 Day
  • ₹36.77
  • 200 Day
  • ₹30.59

Indian Overseas Bank Resistance and Support

PIVOT
₹43.47
Resistance
First Resistance 44.13
Second Resistance 44.67
Third Resistance 45.33
RSI 63.41
MFI 75.80
MACD Single Line 0.22
MACD 0.68
Support
First Resistance 42.93
Second Resistance 42.27
Third Resistance 41.73

Indian Overseas Bank Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 25,820,511 725,298,154 28.09
Week 40,109,245 1,103,806,433 27.52
1 Month 22,858,188 590,884,153 25.85
6 Month 48,995,771 835,867,845 17.06

Indian Overseas Bank Result Highlights

Indian Overseas Bank Synopsis

NSE-Banks-Money Center

Indian Overseas Bank is a Public Limited Listed company incorporated on 10/02/1937 and registered in the State of Tamilnadu, India. Company presently involved in the business activities of Banking Business.
Market Cap 82,793
Sales 25,791
Shares in Float 75.61
No of funds 66
Yield
Book Value 3.19
U/D Vol ratio 0.7
LTDebt / Equity 82
Alpha 0.12
Beta 2.18

Indian Overseas Bank

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 96.38%96.38%96.38%96.38%
Mutual Funds 0.09%0.08%0.1%0.11%
Insurance Companies 0.02%0.02%0.02%0.02%
Foreign Portfolio Investors 0.15%0.09%0.14%0.1%
Financial Institutions/ Banks 1.21%0.02%1.21%0.02%
Individual Investors 1.71%1.69%1.62%1.62%
Others 0.44%1.72%0.53%1.75%

Indian Overseas Bank Management

Name Designation
Mr. Ajay Kumar Srivastava Managing Director & CEO
Ms. S Srimathy Executive Director
Mr. Sanjay Vinayak Mudaliar Executive Director
Mr. Suresh Kumar Rungta Part Time Non Official Director
Mr. B Chandra Reddy Part Time Non Official Director
Mr. Deepak Sharma Part Time Non Official Director
Mr. Sanjaya Rastogi Shareholder Director
Ms. Annie George Mathew Government Nominee Director
Mr. Vivek Aggarwal Nominee Director

Indian Overseas Bank Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Indian Overseas Bank Corporate Action

Date Purpose Remarks
2023-10-27 Quarterly Results
2023-08-02 Quarterly Results
2023-05-12 Audited Results
2023-02-09 Quarterly Results
2022-11-05 Quarterly Results

Indian Overseas Bank MF Shareholding

Name Amount(cr)
Nippon India ETF Nifty PSU Bank BeES 1,491
Kotak Nifty PSU Bank ETF 1,051
Nippon India Nifty Smallcap 250 Index Fund Reg Gr 719
Motilal Oswal Nifty 500 Fund Regular Growth 548
Motilal Oswal Nifty Smallcap 250 Index Fund Regular Growth 453

Indian Overseas Bank FAQs

What is Share Price of Indian Overseas Bank ?

Indian Overseas Bank share price is ₹43 As on 11 December, 2023 | 18:32

What is the Market Cap of Indian Overseas Bank ?

The Market Cap of Indian Overseas Bank is ₹82414.5 Cr As on 11 December, 2023 | 18:32

What is the P/E ratio of Indian Overseas Bank ?

The P/E ratio of Indian Overseas Bank is 35.2 As on 11 December, 2023 | 18:32

What is the PB ratio of Indian Overseas Bank ?

The PB ratio of Indian Overseas Bank is 3.3 As on 11 December, 2023 | 18:32

Q2FY23