NIFTY 22475.85 BANK 48923.55

Indian Overseas Bank
Share Price Target & Analysis

NSE:IOB

66.50

VWAP

67.45

Open

67.05

Close

67.70

High

65.60

Low

83.75

52 Week High

66.25 ⇩
-0.80 (-1.19%)

IOB

(FINANCIAL SERVICES)
71.4% Momentum

Sideways to Positive

22.50

52 Week Low

1.32

EPS

16.77

PE

4.96

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 66.25, 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 May 04, 2024 is 4.96.

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 66.50.

Now, the main question is whether to BUY or SELL, NSE:IOB at current valuation.
As per latest Analysis No. #10737:-

⇑ 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 (May 04, 2024)

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

Indian Overseas Bank share price moved Down by -1.19% from its previous close of Rs 67.05. IOB stock last traded price is 66.25. IOB share price trend is Down with a total of 11484861 stocks traded till now. It has touched an intraday high of Rs 67.70 and an intraday low of Rs 65.60. The IOB trading at 66.25, Down by Rs. -0.80, or -1.19 percent which suggests that most of the Traders are anticipating that the price of IOB share should go Down.

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 Down by -1.19%. IOB share price short term trend is Down. It suggests that IOB Share Price for Tomorrow remains the same with VWAP at 66.50 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

 66.25

IOB Share Price Target Prediction for 2024 ^

 51.2 - 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: @68.7

IOB Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 65.79 BUY 66.31 BUY
MA_12 64.17 BUY 64.72 BUY
MA_20 64.39 BUY 64.15 BUY
MA_32 62.65 BUY 63.27 BUY
MA_50 64 BUY 61.93 BUY
MA_100 57.56 BUY 57.99 BUY
MA_200 45.88 BUY 48.6 BUY

IOB Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 64.39 Uptrend
MACD 0.46 BUY
ADX 15.31 NO or Weak Trend
DMI (+/-) 27.36 / 16.1 Uptrend

IOB Momentum Oscillators

BUY (8) NEUTRAL (4) SELL (0)
Momentum Oscillators Value Action
RSI 63.71 Neutral
STOCHASTIC_K (Fast) 91.55 Overbought
STOCHASTIC_D (Slow) 88.42 Overbought
CCI 145.33 BUY
PSAR 60.06 BUY
TRUE RANGE 2.6 Neutral
ATR 2.8 Neutral
WILLIAMS R -4.19 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 98.19 Overbought
MOMENTUM 10.3 BUY

IOB Last 1 Year Trend

Duration Value
1 Year 182.14%
3 Months 51.66%
1 Month 17.64%
1 Week 8.02%

IOB Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 83%
NEUTRAL / HOLD 17%
SELL 0%

Most popular Questions & Answers about IOB


Indian Overseas Bank stock last traded price is 66.25. IOB share price moved Down by -1.19% from its previous close of Rs 67.05.

Indian Overseas Bank share price trend is Down with a total of 11484861 stocks traded till now. It has touched an intraday high of Rs 84.5875 and an intraday low of Rs 65.60. The IOB trading at 66.25, Down by Rs. -0.80, or -1.19 percent which suggests that most of the Traders are anticipating that the price of IOB share should go Down and the Stop Loss will be around 66.50.

The market cap of Indian Overseas Bank is ₹39506 (in Cr) as of May 03, 2024.

The current price to earning ratio for Indian Overseas Bank as of May 03, 2024 is 16.77.

The current price to book ratio for Indian Overseas Bank as of May 03, 2024 is 4.96.

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 ₹22.50 in the last 52-week.

Indian Overseas Bank share trading at ₹66.25, Down by Rs. -0.80, or -1.19 percent which suggests that most of the traders are anticipating that the price of IOB share should go Down.

In 2023, Stock price target for Indian Overseas Bank (IOB) are ₹51.2 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 May 04, 2024 is 4.96.


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 831.45 63.95 335.98
BANKBARODA 275.75 34.18 189.93
PNB 135.80 5.81 83.01
CANBK 625.65 77.02 364.54
IOB 66.25 1.32 13.36
UNIONBANK 152.50 17.19 95.63
BANKINDIA 149.80 13.68 115.37
CENTRALBK 65.15 2.94 32.26
INDIANB 544.40 53.92 311.57
UCOBANK 55.30 1.38 20.59
Updated at: 03 May 2024 15:58

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