Indian Overseas Bank hits 9-1/2-year high on block deals

Indian Overseas Bank

05/02/2024 06:38

** Shares of Indian Overseas Bank  IOBK.NS  jump 14.5% to
64.3 rupees, their highest since Sept 2014 
    ** More than 5.7 mln shares changed hands in multiple block
deals in the range of 56.60 rupees to 65.10 rupees apiece 
    ** Overall 166.3 mln shares traded, 4.8 times the 30-day
avg, and the busiest trading day since Sept 2023  
    ** Shares gained ~35% in 2023 

    

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))