Indian Overseas Bank share price: The stock on Monday rallied 20 per cent to hit a one-year high price of Rs 47.40. At this price, it has surged 46.16 per cent in just four days. The scrip eventually settled 14.43 per cent higher at Rs 45.20.
Indian Overseas Bank Q1 earnings: The bank s gross non-performing assets (GNPA) declined to 7.13 percent from 9.16 percent in the same quarter of the previous fiscal.
Indian Overseas Bank's shares gained over 4 per cent on Wednesday after it reported a near 58 per cent bounce in its net profit to Rs 552 crore in the March quarter.
Indian Overseas Bank Share Price: On Thursday, Indian Overseas Bank opened on the BSE at Rs 23.95, swinging to an intra day high of Rs 26.60 and an intra day low of Rs 22.50, so far.