Indian Overseas Bank hits a 52-week high for 5th time this month; rises over 63% in February
The Indian Overseas Bank stock's maximum rise on Wednesday (February 7, 2024) is 17.58 per cent from its lowest price of Rs 67.95, while its maximum rise this month is 60.93 per cent from February 1's lowest price of Rs 49.65.
Indian Overseas Bank Share Price: Indian Overseas Bank is on a 52-week high spree as it achieved the feat on BSE on Wednesday (February 7, 2024) for the fifth time in the month. The stock of the PSU bank hit a 52-week high of Rs 81.06 on Wednesday, improving on Tuesday's 52-week high of Rs 69.80.
The stock also hit a 52-week high on February 5, 2 and 1.
Shares of Indian Overseas Bank closed the trading session on Wednesday higher by 18.03 per cent, or Rs 12.18, at Rs 79.73 each.
The stock's maximum rise today is 19.29 per cent from its lowest rate of Rs 67.95 for the day, while its maximum rise this month is 63.26 per cent from February 1's lowest price of Rs 49.65.
The stock has skyrocketed by 85.21 per cent this year with the lowest price on January 1 at Rs 43.14.
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