Indian Overseas Bank is up for a third straight session today. The stock is quoting at Rs 36.18, up 2.29% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 25754.85. The Sensex is at 83636.15, up 0.01%. Indian Overseas Bank has slipped around 2.14% in last one month.
Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has slipped around 5.85% in last one month and is currently quoting at 8725, up 0.52% on the day. The volume in the stock stood at 141.36 lakh shares today, compared to the daily average of 93.47 lakh shares in last one month.
The PE of the stock is 16.04 based on TTM earnings ending September 25.
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