Indian Overseas Bank gained for a third straight session today. The stock is quoting at Rs 29.71, up 1.33% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.02% on the day, quoting at 23816.5. The Sensex is at 76950.98, up 0.04%. Indian Overseas Bank has slipped around 5.23% in last one month.

Meanwhile, Nifty PSU Bank index of which Indian Overseas Bank is a constituent, has slipped around 3.11% in last one month and is currently quoting at 8241.1, up 0.28% on the day. The volume in the stock stood at 21.79 lakh shares today, compared to the daily average of 36.25 lakh shares in last one month.

The PE of the stock is 8.76 based on TTM earnings ending September 26.