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indian overseas bank

Indian Overseas Bank shares rally 5% on receiving Rs 1,359-crore income tax refund order

by Tudur Aled
Indian Overseas Bank shares rally 5% on receiving Rs 1,359-crore income tax refund order

State-owned Indian Overseas Bank (IOB) shares climbed as much as 4.7% on Wednesday to Rs 59.50 on BSE after the bank said it has received an order confirming a refund …

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NPA provisioning for banks moderates in Q2 driven by PSBs

by Tudur Aled
NPA provisioning for banks moderates in Q2 driven by PSBs

Provisioning for bad loans by banks fell in the September quarter for the second consecutive period based on year-on-year comparison driven by the public sector banks (PSBs). For a sample …

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Indian Overseas Bank Q2 Results: Net profit rises 24% to Rs 777 crore

by Tudur Aled
Indian Overseas Bank Q2 Results: Net profit rises 24% to Rs 777 crore

State-owned Indian Overseas Bank on Thursday posted a 24% surge in net profit to Rs. 777 crore in the second quarter ended September 2024, due to interest income and onboarding …

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Death Crossovers: These 5 stocks signal further bearishness on October 8 – Bearish Signs

by Tudur Aled
Death Crossovers: These 5 stocks signal further bearishness on October 8 – Bearish Signs

Indian Railway Finance Corporation Share Price 144.35 03:59 PM | 7 Oct 2024 -7.72(-5.08%) Suzlon Energy Share Price 70.93 04:10 PM | 7 Oct 2024 -3.74(-5.01%) Indian Renewable Energy Development …

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September seasonality weighs on SBI, other PSU bank stocks. Should you buy, hold or sell?

by Tudur Aled
September seasonality weighs on SBI, other PSU bank stocks. Should you buy, hold or sell?

September seasonality revealed that the Nifty PSU Bank index was a laggard, ending the month with declines on seven occasions in the last 10 years. Three scrips in the 12-stock …

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PSU stocks: Govt Goldmine: PSU stocks still partying hard on D-Street

by Tudur Aled
PSU stocks: Govt Goldmine: PSU stocks still partying hard on D-Street

Mumbai : The renewed momentum in public sector stocks after the election results on June 4 have resulted in these entities adding nearly ₹12 lakh crore in market capitalisation in …

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Lack of depth in mid- & smallcap rally hints all’s not shining on D-Street

by Tudur Aled
Lack of depth in mid- & smallcap rally hints all’s not shining on D-Street

Mid-cap and small-cap indices have been on a blistering run so far in 2024, breaking new records and defying cynics. But beneath the surface, the optimism may not be as …

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Q4 results today: SBI, Asian Paints among 69 companies to announce earnings

by Tudur Aled
Q4 results today: SBI, Asian Paints among 69 companies to announce earnings

India’s leading public sector lender State Bank of India (SBI) among 69 companies will announce their results for the quarter ended March 2024 on Thursday. Other companies investors will watch …

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equities: With bulls dancing, many more join Street party

by Tudur Aled
equities: With bulls dancing, many more join Street party

The record-breaking rally in Indian equities in recent years has resulted in investors coming into the stock market in hordes. The broadening of the shareholder base in several stocks is …

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PSU bank stocks ride past private sector peers in 2024, but how long will good days last?

by Tudur Aled
PSU bank stocks ride past private sector peers in 2024, but how long will good days last?

MUMBAI – Private banks, which have always been the favourites of institutional investors, lost the spot to public sector banks who are touching the sky riding on retail bulls. So …

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