Indian Overseas Bank gains after tax refund order
11/12/2024 04:59
** Shares of Indian Overseas Bank IOBK.NS rise 1.8% to
57.87 rupees
** The bank receives a tax refund order for 13.59 bln rupees
($160.14 mln)
** Trading volumes at 13.1 mln, 1.5x the 30-day average
** Stock set to snap four-session losing streak
** IOBK up ~33% YTD
($1 = 84.8620 Indian rupees)
(Reporting by Vijay Malkar)
((VijayDattaram.Malkar@thomsonreuters.com;))
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