shrek14

Bounce back

Long
shrek14 Updated   
NSE:IOB   INDIAN OVERSEAS BK
--Re-test and a STRONG bounce from the previous high levels
--Good results posted by most Banks
--Nifty psu bank corrected 15%


--Net Profit Up QoQ & YoY

1. Financials
- Operating profit for Q2FY24 and H1FY24 increased by 12.25% and 24.75% respectively compared to the same period last year.
- Net profit for Q2FY24 recorded at Rs 625 crore, showing a growth of 24.75% YoY.


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