Indian Overseas Bank rises on Q2 profit climb
27/10/2023 08:31
** Shares of Indian Overseas Bank IOBK.NS up as much as
5.6% to 40.55 rupees
** IOBK posts 24.6% YoY rise in Sept-qtr net profit on
strong loan growth; interest earned up 23.4% YoY
** Over 93.9 mln shares change hands as of 12:58 p.m. IST,
0.9x the 30-day moving average
** Stock last up 4.4%, extending YTD gains to ~25%
(Reporting by Kashish Tandon in Bengaluru)
((kashish.tandon@thomsonreuters.com))
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