Indian Overseas Bank (IOB) is currently trading at Rs. 30.60, down by 4.40 points or 12.57% from its previous closing of Rs. 35.00 on the BSE.
The scrip opened at Rs. 31.50 and has touched a high and low of Rs. 31.50 and Rs. 29.55 respectively. So far 1209494 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 64.75 on 05-Jan-2015 and a 52 week low of Rs. 29.55 on 08-Sep-2015.
Last one week high and low of the scrip stood at Rs. 36.50 and Rs. 29.55 respectively. The current market cap of the company is Rs. 3767.81 crore.
The promoters holding in the company stood at 73.80% while Institutions and Non-Institutions held 16.47% and 9.72% respectively.
The bank has posted a net loss at Rs 550.83 crore for the quarter ended September 30, 2015 as compared to net loss Rs 245.51 crore for the same quarter in the previous year. However, total income has increased by 5.11% at Rs 6769.94 crore for quarter under review as compared to Rs 6440.77 crore for the quarter ended September 30, 2014.
The bank’s gross NPA for the July-September quarter of the current fiscal rose to 11.00%, as compared to 9.35% in the same quarter of the previous year. Besides, bank’s Net NPA stood at 7.41% in Q2FY16.
