Indian Overseas Bank (Large Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Indian Overseas Bank |
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Price: ₹52.40 | ||
| 52 Week Low: ₹40.75 52 Week High: ₹83.75 |
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| Market Capital: 96,647.97 Crore (Largecap) | |||
| Financial Services -> Banks - Regional | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Indian Overseas Bank Share Price Target For 2024
- 1.1.1: Indian Overseas Bank Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Indian Overseas Bank Share Price Target For 2025
- 1.2.1: Indian Overseas Bank Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Indian Overseas Bank Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Indian Overseas Bank Brief Company Overview
- 4: Indian Overseas Bank Financial Performance
- 4.0.1: Is Indian Overseas Bank A Good Buy For Long Term?
To predict the Indian Overseas Bank's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Indian Overseas Bank Share Price Target For 2024
The line chart displays the monthly closing prices of Indian Overseas Bank with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Indian Overseas Bank shares in 2024, see the table below.
Indian Overseas Bank Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 54.73 (+4.44%) | Price Action: 08 Nov 2024 High |
| 2024 Target 2 | 54.15 (+3.33%) | Price Action: 25 Nov 2024 High |
| 2024 Target 1 | 53.61 (+2.30%) | Price Action: 19 Dec 2024 High |
| Current Price | 52.40 | Indian Overseas Bank's share price as of 20 Dec 2024 |
| Stop Loss 1 | 51.69 (-1.36%) | Price Action: 28 Oct 2024 High |
| Stop Loss 2 | 51.12 (-2.45%) | Price Action: 18 Nov 2024 High |
| Stop Loss 3 | 50.55 (-3.54%) | Price Action: Oct 2013 High |
Short-Term Technical Outlook
Current Technical Position: Indian Overseas Bank is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 50-day moving average at ₹53.76 serves as the nearest technical reference point.
Historical Returns: 3-month: -9.22% | 6-month: -18.47% | 1-year: +21.04%
Indian Overseas Bank Share Price Target For 2025
The line chart displays the monthly closing prices of Indian Overseas Bank with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Indian Overseas Bank shares in 2025, see the table below.
Indian Overseas Bank Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 83.75 (+59.82%) | Fibonacci Extension Level 100.00% |
| 2025 Target 2 | 82.09 (+56.66%) | Price Action: Chart |
| 2025 Target 1 | 81.28 (+55.11%) | Fibonacci Extension Level 64.90% |
| Current Price | 52.40 | Indian Overseas Bank's share price as of 20 Dec 2024 |
| Stop Loss 1 | 45.75 (-12.70%) | Price Action: Feb 2015 Low |
| Stop Loss 2 | 45.29 (-13.57%) | Price Action: Chart |
| Stop Loss 3 | 44.47 (-15.14%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Indian Overseas Bank is currently trading at 27.1% of its 52-week range (₹40.75 - ₹83.75).
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: +21.04% | 3-year: +157.49% | 5-year: +363.72%
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Approach 2: Machine Learning By Studying Historical Prices
Indian Overseas Bank Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹52.40 | ||
| 2024 | ₹61.24 | +16.87% | ₹63.39 |
| 2025 | ₹65.88 | +7.58% | ₹69.66 |
| 2026 | ₹78.71 | +19.47% | ₹82.10 |
| 2027 | ₹93.49 | +18.78% | ₹94.89 |
| 2028 | ₹97.51 | +4.30% | ₹99.95 |
| 2029 | ₹107.75 | +10.50% | ₹109.37 |
| 2030 | ₹109.31 | +1.45% | ₹119.41 |
| 2031 | ₹124.55 | +13.94% | ₹131.85 |
| 2032 | ₹142.26 | +14.22% | ₹144.39 |
| 2033 | ₹143.58 | +0.93% | ₹148.70 |
| 2034 | ₹154.25 | +7.43% | ₹160.89 |
| 2035 | ₹152.74 | -0.98% | ₹169.17 |
| 2036 | ₹170.39 | +11.56% | ₹181.60 |
| 2037 | ₹191.03 | +12.11% | ₹194.04 |
| 2038 | ₹189.64 | -0.73% | ₹197.45 |
| 2039 | ₹209.64 | +10.55% | ₹212.78 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
Indian Overseas Bank Brief Company Overview
Indian Overseas Bank: A Legacy of Banking Excellence Indian Overseas Bank, established in 1937, is a leading provider of banking services in India and internationally. With a strong presence in Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations,...
the bank offers a diverse range of products and services tailored to meet the needs of its customers. The bank's deposit portfolio includes demand, savings, and various fixed deposit schemes, catering to a wide array of investors. Its loan products encompass home loans, vehicle loans, education loans, and corporate loans, catering to both individuals and businesses. Indian Overseas Bank's commitment to innovation is evident in its digital banking services, including debit and credit cards, prepaid cards, and internet banking. The bank's strong reputation and customer-centric approach have earned it a prominent position in the industry.Indian Overseas Bank Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 96,647.97 Crore | Market valuation of Indian Overseas Bank's shares. |
| Revenue (TTM) | 13,021.84 Crore | Total revenue generated by Indian Overseas Bank over the past twelve months. |
| Net Income (TTM) | +29,628,301,312.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +32.49% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +22.75% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+25.10% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+24.30% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
1.02 | Company's total debt divided by total shareholder equity. |
| Total Debt | 28,764.19 Crore | Sum of Indian Overseas Bank's current & long-term financial obligations. |
| Total Cash | 22,995.71 Crore | Total amount of liquid funds available to Indian Overseas Bank. |
| Beta | 0.74 | Beta is less than 1 indicating that the Indian Overseas Bank's price is less volatile than the market. |
Is Indian Overseas Bank A Good Buy For Long Term?
Indian Overseas Bank (IOB), a large-cap stock with a market capitalization of ₹96,647.97 crore, presents a mixed picture for long-term investors. While its ₹2,962.83 crore net profit (TTM) and strong past 3-year (369.06%) and 5-year (235.71%) returns are positive, recent performance shows a decline (-24.76% past 3 months, -26.29% past 6 months). A significant debt of ₹28,764.19 crore (Q2 2024-25) offsets its ₹22,995.71 crore cash balance. Although a 22.75% profit margin is healthy, the considerable debt warrants caution. Therefore, I would classify IOB as an average buy for the long term, recommending further in-depth research before investing.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
