Munish_Jain

IOB | Swing Trade

Long
NSE:IOB   INDIAN OVERSEAS BK
πŸ“Š DETAILS
Sector: Bank - Public
Mkt Cap: 77,027 cr

Indian Overseas Bank was founded in 1937 by Chidambaram Chettyar. It was one of the 14 major banks that were nationalized in 1969.

TTM PE : 32.90 (High PE)
Sector PE : 11.43
Beta : 1.65

πŸ“š INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.

20.94% away from 52 week high
Underperformer - Indian Overseas Bank up by 2.01% v/s NIFTY 50 up by 6.8% in last 1 month

πŸ“ˆ FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Trade closed manually:
Exited with small profit, no momentum
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