Indian Overseas Bank share price rise 3% after Q1 results 2026. Do you own?

Indian Overseas Bank (IOB) share price rose 3% to around Rs 34.91 on NSE after a strong Q1 FY26 performance, with net profit surging 49.3% year-on-year to Rs 1,659 crore from Rs 1,111 crore. Net interest income grew 34% to Rs 3,688 crore, while asset quality improved with gross NPA falling to 1.33% from 1.42% sequentially and net NPA dropping to 0.18%. Total deposits rose 13.72% year-on-year to Rs 3.76 lakh crore, supported by a healthy domestic CASA ratio of 41.45%.