Indian Overseas Bank is up for a third straight session in a row. The stock is quoting at Rs 52.9, up 4.46% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.64% on the day, quoting at 23350.8. The Sensex is at 77182.56, up 0.74%. Indian Overseas Bank has added around 2.44% in last one month.
Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has added around 3.1% in last one month and is currently quoting at 6294, up 2.32% on the day. The volume in the stock stood at 119.78 lakh shares today, compared to the daily average of 72.59 lakh shares in last one month.
The PE of the stock is 32.46 based on TTM earnings ending September 24.