IOB can rise after PSU stake saleI feel that all PSU banks are well positioned to move up
The ones that have the highest chances of getting sold off are IOB, central Bank as of now
Rumours of their Privatisation have been going around for a while
1.80 INR
33.96 B INR
337.50 B INR
696.90 M
About INDIAN OVERSEAS BANK
Sector
Industry
CEO
Ajay Kumar Srivastava
Website
Headquarters
Chennai
Founded
1937
ISIN
INE565A01014
FIGI
BBG000D8Y571
Indian Overseas Bank engages in the provision of commercial banking services. It operates through the following business segments: Treasury, Corporate or Wholesale Banking, Retail Banking, and Other Banking Operations. The company was founded by Muttaiya Chidambaram Chettiar Chettyar on February 10, 1937 and is headquartered in Chennai, India.
IOB - Progressive Cup & Handle - QuarterlyGood Progressive Cup & Handle Formation. Handle is yet to form a definite shape but it will soon.
Can accumulate at this levels and wait till the breakout above 65.
Target 1 122 in about 6-8 months
Target 2 142 in about 12 months
Please do check the fundamentals though.
The trend is strong IOB CM 52.14
Fibs- the retracement to 50% of the swing is strength. This means the trend is intact and strong.
Trendline- break of the falling trendline and retest is positive.
RSI- +ve divergence at support is indication of reversal. On the second dip the RSI is now taking support above the bull
A perfect U shaped recoveryIOB CMP 59.46
In my view the next big rally will happen in banks and NBFC's.I mentioned housing finance companies a few months back. They are already flying. Next are banks and NBFC's.
Indian Overseas Bank @ 59.71Sector: Bank - Public
52 Week High 83.75
52 Week Low 24.45
All Time High 227.45
All Time Low 6.05
Book Value Per Share 12.18
Sector PE 11.47
Face Value 10
Beta 2.05
Mkt Cap (Rs. Cr.) 112,866
As long as 29/6 holds support and break of 84, we can see 160 first and further 233+
NOTE: Not a BUY or SEL
Stock in Downtrend with potential reversal: IOBIOB has been in a downtrend for some time.
Decent growth in ROCE (11.13%) compared to Prv Yr (8.95%) and 3Yr Avg ROCE (9.53%).
Similarly, there was a decent growth in ROE (11.35%) compared to Prv Yr (10.03%) and 3Yr Avg ROCE (10.43%).
IOB has strong support around 56 - 48 levels.
Can enter around 6
IOB in samosaIOB in samosa
this is the same pattern i shared in IREDA at 190 it went to 300
so keep eye
1 day selling, removing toddlers from market.
I am not SEBI registered
IOBIOB is currently at descending trendline resistance which connects jan2008,nov2010,apr2011, and feb2024, however consolidated for the last 23 weeks in a range approx 59-71 above trendline support which connects jan2013/jun2014. can take 1st entry closing abv 71 on weekly and pyramid the position onc
Public Sector Banks looking goodAs per weekly and daily chart, a range bound consolidation seen and this consolidation is likely to be broken on higger side, so in the short term, IOB, CBI, UCO BANK, PNB, these PSBs can give 50 to 80 % gain in less than one month, so one can take position in PSBs.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
90802IOB19
IOB-9.0802%-24-9-29-PVTYield to maturity
10.76%
Maturity date
Sep 24, 2029
9IOB33
IOB-9%-24-3-33-PVTYield to maturity
—
Maturity date
Mar 24, 2033
860IOB32
IOB-8.60%-31-3-32-PVTYield to maturity
—
Maturity date
Mar 31, 2032
See all IOB bonds
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Frequently Asked Questions
The current price of IOB is 37.89 INR — it has decreased by −0.21% in the past 24 hours. Watch INDIAN OVERSEAS BANK stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange INDIAN OVERSEAS BANK stocks are traded under the ticker IOB.
IOB stock has risen by 13.99% compared to the previous week, the month change is a 6.52% rise, over the last year INDIAN OVERSEAS BANK has showed a −38.99% decrease.
IOB stock is 1.51% volatile and has beta coefficient of 1.53. Track INDIAN OVERSEAS BANK stock price on the chart and check out the list of the most volatile stocks — is INDIAN OVERSEAS BANK there?
Today INDIAN OVERSEAS BANK has the market capitalization of 731.17 B, it has increased by 6.26% over the last week.
Yes, you can track INDIAN OVERSEAS BANK financials in yearly and quarterly reports right on TradingView.
IOB net income for the last quarter is 10.92 B INR, while the quarter before that showed 8.75 B INR of net income which accounts for 24.75% change. Track more INDIAN OVERSEAS BANK financial stats to get the full picture.
No, IOB doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, IOB shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade INDIAN OVERSEAS BANK stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So INDIAN OVERSEAS BANK technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating INDIAN OVERSEAS BANK stock shows the sell signal. See more of INDIAN OVERSEAS BANK technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.