Indian Overseas Bank Stock Sinks to New 52-Week Low at Rs 31.11: Key Reasons Behind the Decline
- September 29, 2026
- Posted by: Harsh Piplani
- Category: News
IOB Share Price opened the session at Rs 31.79, traded between Rs 31.11 and Rs 31.79, and ended at Rs 31.18 after a decline of 1.67% from the previous close of Rs 31.71. The move carried Indian Overseas Bank (IOB) to a fresh 52-week low at Rs 31.11, with market capitalisation at Rs 61,582.57 crore. This is a verified share-price event, and the supplied data confirms the yearly low but does not establish a company-specific catalyst. In that sense, the IOB Share Price is drawing attention mainly because the fresh low, the day’s range and the valuation backdrop now sit together in the same snapshot. For readers tracking IOB Share Price Today and IOB Stock News, the event is relevant because it combines price action, market capitalisation and banking-sector context in one update.
IOB Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 31.18 |
| Previous Close | Rs 31.71 |
| Today's Move | Rs -0.53 (-1.67%) |
| Open | Rs 31.79 |
| High | Rs 31.79 |
| Low | Rs 31.11 |
| Turnover | Rs 0.05 crore |
| Market Capitalisation | Rs 61,582.57 crore |
Indian Overseas Bank (IOB) traded at Rs 31.18. versus the previous close of Rs 31.71, a fall of 1.67%. The stock opened at Rs 31.79, reached Rs 31.79, touched Rs 31.11.
IOB Share Price today was shaped by a narrow intraday range and a close below the previous session. The stock opened at Rs 31.79, matched the session high at Rs 31.79, and slipped to Rs 31.11 at the day low before settling at Rs 31.18. Against the previous close of Rs 31.71, that translates into a fall of Rs 0.53 or 1.67%. Turnover stood at Rs 0.05 crore, while market capitalisation stayed at Rs 61,582.57 crore. Because the day low and the 52-week low are the same at Rs 31.11, the stock finished the day at the lower end of its annual range. For anyone following IOB Share Price Today, the message from the tape is direct: the latest print confirms a fresh yearly low, and the event can be read in conjunction with the company’s valuation and sector position in the next sections.
Indian Overseas Bank (IOB) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 61,582.57 crore |
| P/E Ratio | 10.25x |
| P/B Ratio | 1.72x |
| ROE | 17.36% |
| ROCE | 11.31% |
| EPS | Rs 3.09 |
| Book Value Per Share | Rs 18.44 |
| Dividend Yield | 0% |
Indian Overseas Bank (IOB) fundamental metrics show P/E 10.25x, P/B 1.72x, ROE 17.36%, ROCE 11.31%. These figures provide context only and are not a buy or sell signal.
Indian Overseas Bank has a market capitalisation of Rs 61582.57 crore, which gives readers a sense of company size before judging valuation. On valuation, P/E at 10.25x, P/B at 1.72x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 17.36% and ROCE of 11.31%, helping investors compare shareholder returns and capital efficiency. Additional supplied metrics include EPS of Rs 3.09, book value per share of Rs 18.44, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the supplied same industry benchmark, these figures can be compared with benchmark median P/E of 6.49x, median ROE of 13.17%, median ROCE of 12.16%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Bank |
| Industry | Bank – Public |
| Benchmark Scope | same industry |
| Company P/E Ratio | 10.25x |
| Benchmark Median P/E | 6.49x |
| Benchmark Average P/E | 7.6x |
| Benchmark P/E Range | 5.04x to 10.92x |
| Company P/B Ratio | 1.72x |
| Benchmark Median P/B | 0.95x |
| Company ROE | 17.36% |
| Benchmark Median ROE | 13.17% |
| Company ROCE | 11.31% |
| Benchmark Median ROCE | 12.16% |
| Company Market Capitalisation | Rs 61,582.57 crore |
| Benchmark Median Market Cap | Rs 1,11,791.28 crore |
Indian Overseas Bank (IOB) is classified under sector: Bank and industry: Bank – Public.
Indian Overseas Bank (IOB) has a P/E ratio of 10.25x, which is above the benchmark median of 6.49x, a difference of +57.94%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Indian Overseas Bank (IOB) has a ROE of 17.36%, which is above the benchmark median of 13.17%, a difference of +31.81%. Indian Overseas Bank (IOB) has a ROCE of 11.31%, which is below the benchmark median of 12.16%, a difference of -6.99%.
Track stocks falling to yearly lows through the Univest 52-week-low screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Bank Of India | BANKINDIA | 62,804.05 | 5.04 | 0.72 | 13.07 | 10.97 |
| Bank Of Maharashtra | MAHABANK | 65,147.47 | 8.24 | 1.83 | 24.12 | 16.53 |
| Indian Bank | INDIANB | 1,11,791.28 | 8.47 | 1.41 | 17.81 | 16.28 |
| Canara Bank | CANBK | 1,13,337.79 | 5.52 | 0.94 | 18.03 | 14.46 |
| Bank Of Baroda | BANKBARODA | 1,21,656.3 | 6.49 | 0.7 | 12.47 | 11.2 |
Indian Overseas Bank (IOB) has a P/E ratio of 10.25x compared with the displayed peer median of 6.49x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 17.36% compares with a peer median of 17.81% across the companies shown in the table. ROCE stood at 11.31% versus the displayed peer median of 14.46%, providing a capital-efficiency comparison. Indian Overseas Bank (IOB) has a market capitalisation of Rs 61,582.57 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Why Investors Are Watching IOB
- IOB Share Price closed at Rs 31.18 after touching a fresh 52-week low of Rs 31.11.
- The day move was -1.67% versus the previous close of Rs 31.71, with an opening price of Rs 31.79.
- Market capitalisation stood at Rs 61,582.57 crore, which places the bank below the industry median market cap in the supplied benchmark set.
- PE of 10.25 and PB of 1.72 sit above the same-industry median values of 6.49 and 0.95, respectively.
- ROE of 17.36% is above the benchmark median of 13.17%, while ROCE of 11.31% is below the benchmark median of 12.16%.
About Indian Overseas Bank
Indian Overseas Bank operates in the Bank sector and the Bank – Public industry. The supplied data identifies it as a public-sector banking company listed on both NSE and BSE, and the current market snapshot places IOB Share Price within a large listed-banking universe. The article uses only the sector, industry and financial data provided here, so the business profile remains focused on the verified listing and classification context. For readers looking up IOB Share Price, the stock is best understood through the combination of its banking classification, current valuation metrics and the latest yearly-low event.
Track IOB Share Price on Univest
Use Indian Overseas Bank (IOB) live share-price page, Univest 52-week-low screener, Univest market blogs to review live stock data, yearly-low lists and related market analysis.
You can track IOB Share Price on Univest for live share-price updates, valuation ratios, shareholding pattern, 52-week levels, sector comparison and company news. The same page also helps users follow IOB Share Price Today, IOB Stock News and other market updates in one place through verified internal links.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the current IOB Share Price today?
Ans. IOB Share Price closed at Rs 31.18 on 29 September 2026 after a 1.67% decline from the previous close of Rs 31.71. The day’s range was Rs 31.11 to Rs 31.79, and the market capitalisation was Rs 61,582.57 crore.
Did IOB Share Price hit a fresh 52-week low?
Ans. Yes. IOB Share Price touched a fresh 52-week low of Rs 31.11, which also matched the day’s low. The stock then ended at Rs 31.18, keeping the yearly low in focus for market watchers.
What does the IOB Share Price move show today?
Ans. The move shows a close below the previous session, with the stock opening at Rs 31.79, touching Rs 31.11, and ending at Rs 31.18. The data confirms the price event, not a company-specific catalyst.
How is IOB valued versus the banking benchmark?
Ans. IOB trades at a PE of 10.25 and PB of 1.72, both above the same-industry median of 6.49 and 0.95. ROE at 17.36% is above the median, while ROCE at 11.31% is below it.
What do EPS and book value mean for IOB Share Price?
Ans. EPS is Rs 3.09, showing earnings attributable to each share. Book value is Rs 18.44 per share, which reflects accounting net worth. These numbers help frame IOB Share Price alongside valuation ratios and profitability.
How does IOB compare with peers in the same industry?
Ans. IOB’s PE of 10.25 is higher than the five peers listed here, including Bank of India, Canara Bank and Bank of Baroda. Its ROE is competitive, while ROCE is closer to the lower end of the sample.
Why is IOB Stock News attracting attention now?
Ans. IOB Stock News is drawing attention because the share price has reached a fresh one-year low while valuation and sector comparison remain easy to read from the same data set. That combination makes the update relevant for tracking.
