Shares of Indian Overseas Bank fell 2.05% today, closing at Rs 50.08, down from the previous close of Rs 51.13. This decline led to a reduction of approximately Rs 1,975 crore in the bank’s market capitalization, which now stands at Rs 94,663.28 crore.
Key Trading Highlights:
- Previous Close: Rs 51.13
- Closing Price: Rs 50.08
- Market Cap Loss: Rs 1,975 crore
- Current Market Cap: Rs 94,663.28 crore
Price and Volume Details:
- Opening Price: Rs 51.18
- Intraday High: Rs 51.29
- Intraday Low: Rs 49.35
- Volume Traded: 38.03 lakh shares
- Turnover: Rs 18.99 crore
52-Week Performance:
- 52-Week High: Rs 83.75 (February 8, 2024)
- 52-Week Low: Rs 38.95 (November 28, 2023)
The stock faced pressure as profit-booking activity was observed amid recent fluctuations in the public sector banking segment.
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