Indian Overseas Bank
Share Price Target & Analysis

NSE:IOB

68.09

VWAP

67.25

Open

66.75

Close

69.10

High

66.50

Low

83.75

52 Week High

68.70
1.95 (2.92%)

IOB

(FINANCIAL SERVICES)
75% Momentum

Sideways to Positive

23.55

52 Week Low

1.32

EPS

16.69

PE

5.14

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: IOB Share Price Financial Analysis & Valuation

Indian Overseas Bank (IOB) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Public Sector vertical. It is one of Large Cap company with Market Capitalization of Rs 39506 (in Cr). Total number of free float shares are 626.4 (in Lacs). Indian Overseas Bank is listed on NSE with Exchange ID - INE565A01014 and trading code is NSE:IOB with short name IOB.

Indian Overseas Bank is a government-owned enterprise which is categorized as Public Sector Undertaking (PSU) or a Public Sector Enterprise.

In the past 1 year, Indian Overseas Bank has declared an equity dividend of Rs 0 per share. At the current share price of IOB at Rs 68.70, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:IOB, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine IOB underlying value and future prospects. All of this data is available in IOB financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:IOB, it is clearly understood that IOB is Economical performer in terms of earnings and profit margins with an EPS of 1.32. NSE:IOB book value per share as of today is 13.36. The current price to book ratio for IOB as of Apr 29, 2024 is 5.14.

Valuation of the Stock: The current valuation of IOB stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of IOB whether to BUY this stock at current valuation. The delivery percentage of IOB is 28.61% is very crucial parameter which shows that 28.61% investors are anticipating that the price of IOB share should go up with VWAP at 68.09.

Now, the main question is whether to BUY or SELL, NSE:IOB at current valuation.
As per latest Analysis No. #10711:-

STRONG BUY IOB if All Greens

BUY IOB (at Lower Levels) if any 2 Greens

NEUTRAL or HOLD IOB (With Stop Loss) if only 1 Green

SELL IOB if NO Green Indicator

NSE: IOB Share Price Today (Apr 29, 2024)

(Indian Overseas Bank Daily Analysis on the basis of IOB Intraday Graph & Trend)

Indian Overseas Bank share price moved Up by 2.92% from its previous close of Rs 66.75. IOB stock last traded price is 68.70. IOB share price trend is Up with a total of 27991481 stocks traded till now. It has touched an intraday high of Rs 69.10 and an intraday low of Rs 66.50. The IOB trading at 68.70, Up by Rs. 1.95, or 2.92 percent which suggests that most of the Traders are anticipating that the price of IOB share should go Up.

NSE: IOB Share Price Tomorrow Prediction

(Indian Overseas Bank Share Price Prediction for Tomorrow & future forecast is based on Current Trend of IOB)

Indian Overseas Bank share price moved Up by 2.92%. IOB share price short term trend is Up. It suggests that IOB Share Price for Tomorrow remains the same with VWAP at 68.09 will be treated as stop loss for intraday traders. Indian Overseas Bank Long term investors can follow the IOB long term trend as mentiond in future forecast table.

NSE Code

NSE: IOB

IOB Share Price Today

68.70

IOB Share Price Target Prediction for 2024 ^

51.7 - 84.2

IOB Share Price Target Prediction for 2025*^

84.2 - 89.7

IOB Share Price Target Prediction for 2026*^

89.7 - 96

IOB Share Price Target Prediction for 2027*^

101

IOB Share Price Target Prediction for 2028*^

104

IOB Share Price Target Prediction for 2030*^

113
IOB Current Book Value 2023
13.3

*Indian Overseas Bank Short Term & Long Term share price target is based on current financial year earings of the company.

^IOB share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

IOB Technical Analysis

Candlestick Pattern: @61.75

IOB Moving Averages

BUY (5) NEUTRAL (0) SELL (9)
MA Simple Action S1 Expo Action E2
MA_5 64.42 SELL 63.89 SELL
MA_12 63.53 SELL 63.64 SELL
MA_20 61.95 SELL 63.26 SELL
MA_32 62.95 SELL 62.41 SELL
MA_50 64.29 SELL 60.87 BUY
MA_100 55.47 BUY 56.57 BUY
MA_200 44.12 BUY 47.14 BUY

IOB Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 61.95 Downtrend
MACD 0.12 BUY
ADX 18.08 NO or Weak Trend
DMI (+/-) 18.1 / 23.43 Downtrend

IOB Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 47.32 Neutral
STOCHASTIC_K (Fast) 19.72 Oversold
STOCHASTIC_D (Slow) 24.44 Neutral
CCI -40.05 Neutral
PSAR 67.7 SELL
TRUE RANGE 4.15 SELL
ATR 3.12 SELL
WILLIAMS R -53.36 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 11.27 Oversold
MOMENTUM 0 SELL

IOB Last 1 Year Trend

Duration Value
1 Year 168.48%
3 Months 43.6%
1 Month 0%
1 Week -7.14%

IOB Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 20%
NEUTRAL / HOLD 20%
SELL 60%

Most popular Questions & Answers about IOB


Indian Overseas Bank stock last traded price is 68.70. IOB share price moved Up by 2.92% from its previous close of Rs 66.75.

Indian Overseas Bank share price trend is Up with a total of 27991481 stocks traded till now. It has touched an intraday high of Rs 84.5875 and an intraday low of Rs 66.50. The IOB trading at 68.70, Up by Rs. 1.95, or 2.92 percent which suggests that most of the Traders are anticipating that the price of IOB share should go Up and the Stop Loss will be around 68.09.

The market cap of Indian Overseas Bank is ₹39506 (in Cr) as of Apr 28, 2024.

The current price to earning ratio for Indian Overseas Bank as of Apr 28, 2024 is 16.69.

The current price to book ratio for Indian Overseas Bank as of Apr 28, 2024 is 5.14.

The highest price of Indian Overseas Bank stock is ₹83.75 in the last 52-week.

The lowest price of Indian Overseas Bank stock is ₹23.55 in the last 52-week.

Indian Overseas Bank share trading at ₹68.70, Up by Rs. 1.95, or 2.92 percent which suggests that most of the traders are anticipating that the price of IOB share should go Up.

In 2023, Stock price target for Indian Overseas Bank (IOB) are ₹51.7 on downside and ₹84.2 on upside. Indian Overseas Bank share price target is based on current financial year earings of the company.

In 2024, Stock price target for Indian Overseas Bank (IOB) are ₹84.2 on downside and ₹89.7 on upside. Indian Overseas Bank share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Indian Overseas Bank (IOB) are ₹89.7 on downside and ₹96 on upside. Indian Overseas Bank share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Indian Overseas Bank (IOB) will be around ₹104 Indian Overseas Bank share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of IOB.

As per the fundamental analysis of Indian Overseas Bank (IOB), it is of Economical quality in terms of earnings and profit margins with an EPS of 1.32. Indian Overseas Bank book value per share as of today is 13.36. The current price to book ratio for IOB as of Apr 29, 2024 is 5.14.


NSE:IOB News & Other Useful Information about IOB Share Price


Peer Comparison of NSE: IOB

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Banks - Public Sector

Company Price EPS BV
SBIN 826.50 63.95 335.98
BANKBARODA 272.60 34.18 189.93
PNB 137.25 5.81 83.01
CANBK 620.85 77.02 364.54
IOB 68.70 1.32 13.36
UNIONBANK 156.75 17.19 95.63
BANKINDIA 156.05 13.68 115.37
CENTRALBK 68.20 2.66 29.33
INDIANB 557.05 53.92 311.57
UCOBANK 58.60 1.43 19.2
Updated at: 29 Apr 2024 16:03

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