Indian Overseas Bank
Share Price Target & Analysis
NSE:IOB
VWAP
Open
Close
High
Low
52 Week High
0.44 (0.88%)
IOB
(FINANCIAL SERVICES)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Gold
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 50.25, 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 1.56. NSE:IOB book value per share as of today is 13.34. The current price to book ratio for IOB as of Nov 23, 2024 is 3.77.
Valuation of the Stock: The current valuation of IOB stock is like Gold which means currently the stock is Overpriced. 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 20.8% is very crucial parameter which shows that 20.8% investors are anticipating that the price of IOB share should go up with VWAP at 50.27.
Now, the main question is whether to BUY or SELL, NSE:IOB at current valuation.
As per latest Analysis No. #12072:-
⇑ 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 (Nov 23, 2024)
(Indian Overseas Bank Daily Analysis on the basis of IOB Intraday Graph & Trend)
Indian Overseas Bank share price moved Up by 0.88% from its previous close of Rs 49.81. IOB stock last traded price is 50.25. IOB share price trend is Up with a total of 3917290 stocks traded till now. It has touched an intraday high of Rs 50.75 and an intraday low of Rs 49.5. The IOB trading at 50.25, Up by Rs. 0.44, or 0.88 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 0.88%. IOB share price short term trend is Up. It suggests that IOB Share Price for Tomorrow remains the same with VWAP at 50.27 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 |
50.25 |
IOB Share Price Target Prediction for 2024 ^ |
40.8 - 65.2 |
IOB Share Price Target Prediction for 2025*^ |
65.2 - 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: @49.55MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 51.21 | SELL | 50.96 | SELL |
MA_12 | 53.05 | SELL | 52.31 | SELL |
MA_20 | 52.71 | SELL | 52.91 | SELL |
MA_32 | 53.81 | SELL | 54.04 | SELL |
MA_50 | 55.36 | SELL | 55.25 | SELL |
MA_100 | 58.81 | SELL | 57.26 | SELL |
MA_200 | 61.91 | SELL | 56.7 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 52.71 | Downtrend |
MACD | -0.25 | SELL |
ADX | 27.18 | Strong Trend |
DMI (+/-) | 15.54 / 33.63 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 35.86 | Neutral |
STOCHASTIC_K (Fast) | 4.08 | Oversold |
STOCHASTIC_D (Slow) | 3.15 | Oversold |
CCI | -133.78 | SELL |
PSAR | 56.24 | SELL |
TRUE RANGE | 2.55 | Neutral |
ATR | 2.03 | Neutral |
WILLIAMS R | -93.18 | Oversold |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 9.65 | Oversold |
STOCHASTIC RSI D | 3.22 | Oversold |
MOMENTUM | -5.06 | SELL |
Duration | Value |
---|---|
1 Year | 25.44% |
3 Months | -17.91% |
1 Month | -9.27% |
1 Week | -9.68% |
Action | Overall (%) |
---|---|
BUY | 3% |
NEUTRAL / HOLD | 13% |
SELL | 83% |
Most popular Questions & Answers about IOB
Indian Overseas Bank stock last traded price is 50.25. IOB share price moved Up by 0.88% from its previous close of Rs 49.81.
Indian Overseas Bank share price trend is Up with a total of 3917290 stocks traded till now. It has touched an intraday high of Rs 84.5875 and an intraday low of Rs 49.5. The IOB trading at 50.25, Up by Rs. 0.44, or 0.88 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 50.27.
The market cap of Indian Overseas Bank is ₹39506 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Indian Overseas Bank as of Nov 22, 2024 is 10.61.
The current price to book ratio for Indian Overseas Bank as of Nov 22, 2024 is 3.77.
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 ₹38.95 in the last 52-week.
Indian Overseas Bank share trading at ₹50.25, Up by Rs. 0.44, or 0.88 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 ₹40.8 on downside and ₹65.2 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 ₹65.2 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.
The price of Indian Overseas Bank (IOB) shares moved by 0.88%. The short-term trend for IOB share price is Up. It implies that the share price of IOB will stay the same tomorrow and that intraday traders should treat VWAP at 50.27 as a stop loss. Investors with a long-term outlook can track IOB long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of IOB stock is 18.7. Compared to the current market price of 50.25 INR, the IOB stock is Overvalued by 62.8%.
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 1.56. Indian Overseas Bank book value per share as of today is 13.34. The current price to book ratio for IOB as of Nov 23, 2024 is 3.77.
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 | 814.55 | 73.09 | 391.83 |
BANKBARODA | 235.90 | 37.05 | 217.01 |
PNB | 99.99 | 11.13 | 85.5 |
CANBK | 97.01 | 16.9 | 95.86 |
IOB | 50.25 | 1.56 | 13.34 |
UNIONBANK | 115.04 | 20.04 | 127.03 |
BANKINDIA | 103.06 | 16.21 | 136.32 |
CENTRALBK | 52.32 | 3.82 | 32.33 |
INDIANB | 531.60 | 70.35 | 389.12 |
UCOBANK | 41.87 | 1.83 | 20.37 |