Indian Overseas Bank is currently trading at Rs. 14.50, up by 0.04 points or 0.28% from its previous closing of Rs. 14.46 on the BSE.
The scrip opened at Rs. 14.60 and has touched a high and low of Rs. 14.60 and Rs. 14.20 respectively. So far 45750 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 28.70 on 26-Oct-2017 and a 52 week low of Rs. 13.07 on 17-Jul-2018.
Last one week high and low of the scrip stood at Rs. 14.67 and Rs. 13.50 respectively. The current market cap of the company is Rs. 7072.05 crore.
The promoters holding in the company stood at 89.74% while Institutions and Non-Institutions held 6.43% and 3.83% respectively.
Indian Overseas Bank has reported a net loss of Rs 919.44 crore for the quarter ended June 30, 2018 under review as against to net loss of Rs 499.09 crore for the same quarter in the previous year. However, total income of the Bank increased by 2.94% at Rs 5,326.71 crore for Q1FY19 as compared Rs 5,174.50 crore for the corresponding quarter previous year.
The Bank’s gross NPA for the April-June quarter of the current fiscal increased to 25.64%, as compared to 23.60% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 15.10% in Q1FY19.
