Archive · 20 Jul 2026
Indian Overseas Bank Shares Rise
Indian Overseas Bank's share price went up by 3% after they announced their results for the first three months of 2026.
The bank made a lot more profit compared to last year, and their loans are in better shape.
They also have more money from customers than before.
Some people are happy and buying shares because of this good news, but others are careful because the share price has gone down over the last six months.
Overall, the bank has done well over the last five and ten years.
Indian Overseas Bank's share price rose by 3% to ₹34.91 on NSE after Q1 2026 results.
Net profit surged by 49.3% year-on-year to ₹1,659 crore.
Net interest income increased by 34% to ₹3,688 crore.
Gross NPA ratio improved to 1.33% from 1.42% in the previous quarter.
Total deposits grew by 13.72% year-on-year to ₹3.76 lakh crore.
- Who
- Indian Overseas Bank (IOB)
- What
- Reported strong Q1 results 2026, leading to a 3% rise in share price.
- When
- June quarter 2026
- Where
- National Stock Exchange (NSE)
- Why
- Due to robust financial performance and improved asset quality.
Investors
Market Analysts
Short-term Performance
Investors
Investors are optimistic about the recent 3% rise in share price and the strong Q1 results.
Market Analysts
Market analysts caution about the volatility and the 5.43% drop over six months.
Long-term Prospects
Investors
Investors highlight the 49% returns over five years and 178.36% over ten years.
Market Analysts
Analysts may advise caution due to the recent YTD decline of over 9%.
- Share Price Increase
- 3%
- Net Profit Growth
- 49.3% YoY
- Net Interest Income
- ₹3,688 crore
- Gross NPA Ratio
- 1.33%
- Total Deposits
- ₹3.76 lakh crore
- CASA Ratio
- 41.45%
- Savings Bank Deposits Growth
- 18.14% YoY
- Retail Term Deposits Growth
- 15.81% YoY