Indian Overseas Bank Share Price Today

Techno Funda Ratings

RS Rating
24
Weak
EPS Rating
84
Strong
A/D Rating
C
Moderate

Key Metrics

Current Price

₹33.85

Market Cap

₹ 65,203 Cr.

Stock P/E

12.0

ROE

15.6 %

RSI

40.71

Trend

Bearish

Share Price Chart

Technical Commentary

Indian Overseas Bank currently shows Bearish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of C, a Relative Strength Rating of 26 and an EPS Rating of 84. TI65 trend indicator currently remains Neutral.

Buy or Sell Analysis

Chronic Downtrend / Potential Value Trap (Neutral / Avoid). Indian Overseas Bank continues to trade in a weak macro layout below its 50 DMA (33.87). While a trailing Stock P/E of 12 might look cheap on the surface, a low baseline efficiency score (ROE: 15.6%) and a poor TI65 trend signature (Neutral) suggest the stock may be a structural value trap. The price is drifting downward without clear directional momentum, and the neutral RSI of 40.71 indicates a lack of urgent buying or selling pressure. Do not average down into this declining chart. Keep a neutral stance and preserve cash until the asset breaks above its overhead resistance ceilings (R1/R2 lines) with high institutional volume.

Company Overview

Indian Overseas Bank was founded in 1937 by Chidambaram Chettyar. It was one of the 14 major banks that were nationalized in 1969. [1]

Indian Overseas Bank share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Indian Overseas Bank share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Indian Overseas Bank share price chart currently indicates a Bearish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price33.85
RSI (14)40.71
50 DMA33.87
200 DMA35.68
TrendBearish
A/D RatingC
RS Rating24
EPS Rating84
TI650.99
TI65 TrendNeutral

Pivot Points Analysis

Daily pivot points for Indian Overseas Bank calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹34.41
R2₹34.18
R1₹34.01
PP₹33.78
S1₹33.61
S2₹33.38
S3₹33.21

Financial Ratios

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MetricValue
Market Cap₹ 65,203 Cr.
Current Price₹ 33.8
High / Low₹ 41.8 / 31.2
Stock P/E12.0
Book Value₹ 19.2
Dividend Yield0.00 %
ROCE6.12 %
ROE15.6 %
Face Value₹ 10.0

Quarterly Results

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QuarterSalesProfitOPM
Mar 2023656
Jun 2023504
Sep 2023627
Dec 2023724
Mar 2024810
Jun 2024649
Sep 2024780
Dec 2024875
Mar 20251,092
Jun 20251,178
Sep 20251,259
Dec 20251,427
Mar 20261,556

Shareholding Pattern

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HolderHolding
Promoters 79.56%
FIIs 0.81%
DIIs 12.83%
Public 6.80%
No. of Shareholders2,54,376

Pros and Cons

Pros

  • Healthy return on equity of 15.6% indicating strong capital allocation efficiency.

Cons

  • Primary trend direction remains weak, stuck underneath major defensive supply barriers.

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Frequently Asked Questions

What is the current technical trend and RSI for Indian Overseas Bank share?

Based on the latest closing data, the technical momentum for Indian Overseas Bank is currently evaluated as Bearish. The stock is exhibiting an RSI (14) of 40.71, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (33.87) defining immediate multi-day trend patterns.

What are the key resistance and support pivot points for Indian Overseas Bank?

According to Classic Pivot Point methodologies, the core trading floor for Indian Overseas Bank today centers at a Pivot Point (PP) of ₹33.78. Upside resistance challenges are calculated at R1: ₹34.01, R2: ₹34.18, and R3: ₹34.41. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹33.61, S2: ₹33.38, and S3: ₹33.21.

How does the fundamental ROE and P/E ratio look for Indian Overseas Bank?

Indian Overseas Bank is currently trading with a valuation metrics context of a Stock P/E of 12.0, against a core structural efficiency Return on Equity (ROE) standing at 15.6 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 84, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

Should I buy or sell Indian Overseas Bank shares based on corporate rankings?

Our dynamic trade matrix suggests a status of: Chronic Downtrend / Potential Value Trap (Neutral / Avoid). Indian Overseas Bank... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of C, a Relative Strength (RS) ranking of 26, and long-term trend backing from the TI65 indicator (Neutral pattern).

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